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Walmart is pulling out all the stops to become "America's best toy shop" in the wake of Toys R Us' bankruptcy and ahead of the holiday season. But the changes won't revert on December 26.
JCPenney is rolling out baby shops to 500 locations. It will offer bigger items such as cribs, high chairs, and strollers that would otherwise only be offered online.
Retail defaults are at an all-time high — here are all the bankruptcies and liquidations so far in 2018
13 US retailers have already filed for bankruptcy or announced liquidations so far in 2018. Nine West, Claire's, and The Bon-Ton Stores are among the companies that have filed for bankruptcy so far this year.
The jobs report released on Friday showed that no group of companies saw bigger losses than retailers of sporting goods, toys, books, and music. Toys R Us filed for Chapter 11 bankruptcy protection last September, and announced in January that it was closing all its stores.
Walmart has added more than 30,000 new baby-related products to its website in the last year. Now it's launching a new section on its website designed to make it easier for parents to shop for nursery items including cribs, chairs, and wall art.
Amazon will capitalize on the demise of Toys R Us by mailing millions of people a holiday toy catalog
Amazon is preparing to publish a holiday toy guide as its next step into physical retail. The catalog will be mailed to millions of US households and handed out at Whole Foods Market stores, according to Bloomberg.
A retail apocalypse is ripping through America, leaving clearance sales and empty malls in its wake. More than 3,8000 stores are set to close across the US in 2018, leaving malls emptier than they have been since 2012.
A leveraged buyout and the debt load it saddled Toys R Us with are frequently blamed for the retailer's demise. And now, there are concerns that the same thing could happen to J.Crew.
Toys R Us' US operations shut down forever on Friday, and the retailer posted just one final goodbye. "Don't ever grow up," it wrote on its website.
Toys R Us will close all of its US stores by the end of Friday. Take a look back at what it was like in its heyday.
With Toys R Us preparing to close for good in the United States, fans are reminiscing about their favorite memories. Take a look back at what it was like in its heyday.