Toys R Us to exit the Japanese market
According to Nikkei Asia, Toys R Us will exit the Japanese market by the end of the year at the earliest as business in Japan becomes increasingly challenging. Donki, the operator of the discount-store chain, will acquire all of Toys R Us's 150 shops in Japan.
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Key facts
- 01Donki will acquire all of Toys R Us's 150 shops in Japan.
- 02Toys R Us plans to exit the Japanese market by the end of the year at the earliest.
- 03The announcement concerns Toys R Us stores in Japan, including locations in Tokyo.
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- Toys R Us to exit Japan after years of losses · Nikkei Asia