Walmart, Target have started sourcing Indian brands for the first time
Business Standard on Monday reported that the company expects India to be among its top five in the next four to five years
Business Standard on Monday reported that the company expects India to be among its top five in the next four to five years
Prior to the BIS norms, India heavily relied on imports from China for these toys
American toy and clothing retailer Toys 'R' Us is said to have shut within 24 hours a store it opened in Hyderabad to mark its second entry into India over some legal complexities with the mall owner, sources said. Toys 'R' Us opened a store in Sarath city Capital mall in Hyderabad on March 11 but closed it within 24 hours, two sources with knowledge of the matter said. Emails sent to the company, as well as its Indian operator and the mall owners, remained answered. Sources said a no-compete clause with another global toy retailer is said to be behind the mall pulling the plug on Toys 'R' Us. Just like cola brands Coke and Pepsi are seldom retailed from the same restaurant, the no-compete clause meant the two competing toy retailers could not operate in the same mall. The other retailer already had a shop in the mall. Toys 'R' Us has been launched in India in two formats - Toys 'R' Us, which is the world's leading toy store, and Babies 'R' Us, a one-stop destination for baby ...
Its online store toyrus.in and it will also sell exclusively on ecommerce platforms, Flipkart and Myntra.
For over 70 years, ToysRUs has been a global leader in the toy category.
For a small island of 600 square kilometres, there are eleven Toys "R" Us stores in Singapore
With shoppers flocking to Amazon.com Inc and children choosing electronic gadgets over toys, Toys 'R' Us has struggled to boost sales
The toy retailer has struggled in Britain in recent years as shoppers increasingly prefer to spend online rather than visit its large out-of-town stores