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Business Communication

Assignment

Submitted to: Miss Ayesha

Submitted By: Usman Aftab


(180759)

Class: Bsaf-3a
Article on TOYS “R” US

The Company:
Toys“R”US is one of the world’s largest toy retailers
company which is selling merchandise through
more than 1,500 stores.
• 680 toy stores in US.
• 605 international toy stores.
• 216 Babies“R”US stores.

How the company started:


In 1948 Charles Lazarus began business for children
only by setting up first baby furniture store in
Washington DC.
In 1957 Lazarus opened first toy supermarket.
In 1978 Toys“R”US became a Public company.
Recent Events:
▪ Opened the Time Square flagship store New
York (2001).
▪ Recently lost the number one US position to
Wal-Mart.
▪ Significantly expanded video merchandising in
US stores.
▪ Evolved into a 11-billion-dollar business.

What is doing now?


▪ Trying to regain number 1 position from Wal-
Mart.
▪ Now Focusing on Babies“R”US.
▪ Working hard to be number one baby product
specialist store chain in world.

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