Toys "R" Us, the world's leading store for toy and baby products, announced the company's global store growth for 2014. Together with the development is the store's expansion through the launch of approximately 90 stores in 21 countries and jurisdictions throughout the year.
The company plans to open stores that includes new locations, the relocation of various stores, and 33 licensed stores. Toys "R" Us's extension includes its newest licensed store that opened in Namibia last October.
Toys"R"Us and Babies"R"Us will bring more convenience and become more accessible to customers because they are going to be under one roof; perfect for parents who throws toddler birthy party. This is the expansion plan of Toys "R" Us to the new stores that they will launch to provide their consumers a one-stop shopping experience.
Antonio Urcelay, Chairman of the Board and Chief Executive Officer, Toys "R" Us, Inc., said, "International growth remains an important area of investment for the company and we continue to see significant opportunities for expansion, especially in China and Southeast Asia."
China and Southeast Asia contributed to the most important extension plans of Toys "R" Us for this year. In China alone, there were 22 brand-new stores that already begun their operations. Malaysia is planning to open eight new spots in its country.
Toys "R" Us, Inc. prioritizes the continuous extension of its business in this area. The company plans to achieve a total of 76 stores in 35 cities all over China before the end of 2014.
Urcelay said that the company is known as one of the most acknowledged retail brands worldwide, and they are honored to expand their global footprint for 2014 through launching nearly 90 new stores worldwide. He adds that the expansion plan is the company's way to bring closer the Toys "R" Us to parents and kids all over the word.
Started in 1948, Toys "R" Us has over 725 international stores in 36 countries and jurisdictions.
