Amsterdam, March 02, 2009
Toys“R”Us, Inc. and Speelhoorn B.V. End Franchise Agreement in the Netherlands
Toys“R”Us, Inc. and its franchisee partner, Speelhoorn B.V., have mutually decided to end the Toys“R”Us franchise business in the Netherlands as of March 2, 2009. After that date, Toys“R”Us, Inc. will no longer operate a business in the Netherlands and any business conducted by Speelhoorn B.V. will be independent from Toys“R”Us, Inc. Toys“R”Us, Inc. continues to operate approximately 700 stores in 32 countries outside the United States, which includes licensed and franchise stores.
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