Topeka Toys 'R' Us liquidation expected in next few days


KB Toys is counting on it.

Last week, Toys R Us Inc. announced it filed a motion in Bankruptcy Court to begin a wind-down of its USA business and liquidation of inventory in all 735 of the company's USA stores.

"My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go", Strategic Marks president Ellia Kassoff told CNNMoney. We have seen the decline of big box retailers since the dawn of the digital age.

Kassoff said in a post on Linkedin that if the pop-up stores perform well, it's possible some locations could stay open permanently.

Amazon introduces GameOn at GDC 2018
After that date, there is a free tier for the first six months of usage, then developers will pay $0.003 (Rs. 0.20) per play. The service will soon be used in competitions for Beach Buggy Racing 2 and a new Doodle Jump title, Amazon said.

Simon Thomas, joint administrator and partner at Moorfields, said: "It is with great regret that we have made the hard decision to make 98 people redundant at the company's distribution centre in Coventry".

The loss of Toys R Us is gain for bargain-hunting shoppers.

"We are grateful for the hard work of Toys R Us staff during this very difficult period".

Bain Capital is the same organization that was involved in the leveraged buyout of Toys "R" Us that took it private back in 2005, as Business Insider reported.

Jose Mourinho re-motivates his 'afraid' players in an emotional speech
Home-grown younger players such as Marcus Rashford and Scott McTominay are part of Mourinho's long-term plans at Old Trafford. Last week's Champions League exit seemed to declare this a lost season for Jose Mourinho and Manchester United .

KB Toys began as a family-owned toy business in 1922, according to CBS. Recent data suggests that not only are online retailers grabbing market share, but toy sales in 2017 were down.

The company had filed for bankruptcy last fall.

In fact, data from NPD shows that the global toy industry in 2017 was the largest it has ever been.

Raj Babbar steps down as UP Congress chief, say party sources
Jitin Prasad, Rajesh Mishra and Laliteshpati Tripathi are the potential candidate for the Congress chief in UP. As per his comments, the reports of Babbar's resignation are speculations not fact.