Chain Store Age
It’s still a longshot, but some Toys “R” Us stores may live to see another day.
Isaac Larian, the billionaire founder and CEO of MGA Entertainment,
whose products include Bratz dolls, Little Tikes and LOL Surprise, put
in a formal bid of $675 million to buy 274 U.S. Toys “R” Us’ stores. He
also put another $215 million to buy Toys “R” Us’ 82 stores in Canada.
The bid comes as the chain is in the process of liquidating its U.S. operations.. . . more