TOYS ‘R’ US by Sofia Abounnaim The company TOYS ‘R’ US is one of the world’s largest toy retailers. It sells its merchandise through more than 1500 retail outlets with 685 toy stores in the U.S, a further 605 toy stores overseas, and 216 BABIES ‘R’ US stores. How the company started Charles Lazarus began a business for children only in 1948, when he set up a baby furniture store in Washington, DC. In 1957, Lazarus opened the first toy supermarket, and in 1978 TOYS ‘R’ US became a public company. Recent events In 2001, the company opened its flagship store in Times Square, New York. Although, it has recently lost its number one position in the U.S to Wal-Mart, it has significantly expanded its video merchandising in the U.S stores and has evolved into an $11 billion business. What it is doing now TOYS ‘R’ US is currently trying to regain its number one position from Wal-Mart by focusing on a new venture, BABIES ‘R’ US. It is working hard to make it the number one baby product specialist chain store in the world.