On March 15, 2018, Toys“R”Us announced plans to shut down its operations in the U.S. and Puerto Rico. All Toys“R”Us and Babies“R”Us locations have started liquidation sales effective Friday, March 23. We are pursuing what is called a “going concern” reorganization and a sale process to find buyers that will continue to run our Canadian business and operations in Asia and Central Europe, including Germany, Austria and Switzerland. Our other international operations in Australia, France, Poland, Portugal and Spain are considering their options in light of this announcement, including potential sale processes in their respective markets. As we continue the liquidation process, we’re still hiring for various roles within our stores and distribution centers including sales and stock associates, cashiers and warehouse team members. On behalf of all of us, thank you for your support and business over the years.
Toys”R”Us
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3.4
Overall Excellence Rating
Industry
RetailCategory
Toy & Hobby StoresESG/Ethical Impact
The Corporate Governance principles that guide the operation of Toys”R”Us ANZ Limited ACN 063 886 199 (Toys”R”Us ANZ, TOY, or Company) are detailed in this statement. Toys”R”Us ANZ respects and endorses the ASX Corporate Governance Council’s Principles and Recommendations. The Board believes that it has been compliant with the spirit of the ASX Corporate Governance Council’s principles and recommendations throughout the 2021 financial year. The ASX principles that have been adopted are outlined below. Where an alternative approach has been adopted, this is outlined within the relevant section. All these practices unless otherwise stated, were in place for the entire year. The Board of Directors is elected by the shareholders to represent the interests of all shareholders, collectively, and in this regard, its primary purpose is to safeguard the financial security of Toys”R”Us ANZ.
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Awards Received
2023
Revenues
$11,500,000,000.00
Website Traffic
Employee Rating
3.8
Customer Rating
4.4
Company Size
10000+
ESG Risk Rating
3