Business as usual for Toys R Us Philippines

MANILA, Philippines — Toys “R” Us stores in the Philippines remain open for business and are not affected by the financial restructuring of Toys “R” Us Inc, the largest toy store in the United States.

In the Philippines, Toys “R” Us Philippines is managed and operated by Robinsons Toys Inc, a wholly owned subsidiary of the Gokongwei family’s Robinsons Retail Holdings, Inc. 

It is a sub-licensee of Toys “R” Us (Asia) which is not part of the court-supervised financial restructuring.

There are 34 stand alone stores of Toys “R” Us Philippines and 44 Toys “R” Us Toybox outlets inside Robinsons Department Store branches.

In a separate statement, Toys “R” Us (Asia) said the company remains financially robust and is a self-funding retail operation, which continues to significantly grow and invest in this region.

Toys “R” Us (Asia) is a joint venture between Toys “R” Us Inc. and Fung Retailing Ltd, part of Hong Kong’s privately held Fung Group.

“Toys “R” Us (Asia) has been opening new stores in the region. Toys “R” Us (Asia) and its subsidiaries operate 226 stores in Greater China and Southeast Asia, including Brunei, China, Hong Kong, Malaysia, Singapore, Taiwan and Thailand, and licenses an additional 35 stores in the Philippines and Macau,” said Toys “R” Us (Asia) president, Andre Javes.

In March, Toys “R” Us Japan became part of Toys “R” Us (Asia), which added further 161 stores to the pan-Asia toy store chain.

“As the leading toy, baby and educational products retailer for children in Asia, we are very focused on delivering our full-year results. Our teams are committed to excite our customers with unique and differentiated ranges, both online and a thrilling hands-on experience in store,” said Javes.