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Re: None

Thursday, 02/29/2024 12:25:39 PM

Thursday, February 29, 2024 12:25:39 PM

Post# of 409
This is just a couple of reasons why I think there is opportunity here:
1 - Brand name everybody knows Toys R Us doesnt matter where you are from.
2 - Penny Cox CEO seems more than capable to steer this ship. Cost reductions, and previous VP work at Redmart had revenue jump from $14 million to over $285 million !!!!

If she can do even half that... this company will have a great story to tell.


Also TOYRF is more than just toys there are other subsidiaries doing B2B work.

Toys''R''Us ANZ Limited is an Australia-based e-commerce direct-to-consumer retailer of toy, baby, hobby and lifestyle products. The Company offers three shopper-facing e-commerce pillars, which include Toys''R''Us, Babies''R''Us and Hobby Warehouse. The Company operates through two segments: Business to Consumer (B2C) and Business to Business (B2C). The B2C segment is engaged in direct to consumer sale of consumer products (toys, hobby and baby goods). The B2B segment is engaged wholesaling and distribution of information technology (IT) products. The Company’s subsidiaries include UK Toys''R''US Limited, FUN International Limited, Funtastic America Inc., NSR (HK) Limited, Mittoni Pty Limited, Hobby warehouse Pty Limited and Toys R Us Licensee Pty Limited.
Bullish
Bullish