M&A Deal Summary |
|
|---|---|
| Date | 2019-01-08 |
| Target | Toys R Us - 7 Locations |
| Sector | Retail |
| Buyer(s) | Ocean State Job Lot |
| Sellers(s) | Toys R Us |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1977 |
| Sector | Retail |
| Employees | 5,000 |
Ocean State Jobbers, Inc. is a privately held closeout retail chain with 131 stores in New England, New York, and New Jersey, approximately 5,000 employees, and annual sales exceeding $675 million. Since founding in 1977, the company sells an ever-changing array of household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products (such as holiday, gardening, and pool supply) at a fraction of their typical price.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
Toys “R” Us is a specialty toy and juvenile products retailer, selling merchandise globally through more than 1,600 stores in over 34 countries, and through the company’s websites. Toys 'R' Us was established in 1948 and is headquartered in Wayne, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Retail) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-04 |
FAO Schwarz
New York, New York, United States FAO Schwarz is the oldest toy retailer in the United States. It offers distinctive quality merchandise, including a line of toys marketed under the FAO Schwarz brand name. The toy retailer is best known for its famous flagship store in Manhattan which attracts millions of visitors annually. A destination for unique hands-on family activities, the store has become a much-anticipated part of any visit to New York for generations of children and adults worldwide. FAO Schwarz, was established in 1862 and is headquartered in New York City. |
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