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Toys “R” Us Japan market’s weakness offsets China, SE Asia’s boom

Top US toy retailer Toys "R" Us on Thursday said international comparable store sales drop 4.1 percent in December. Strength in Canada, China, and Southeast Asia was offset by economic weakness in Europe and Japan.

Adding in November results, quarter-to-date international comparable store sales dropped 5.6 percent, while total quarter-to-date sales decreased 6.4 percent. Canada, China, and Southeast Asia had the best results, offset by softness in Europe and Japan.