Retailers are already preparing for the disappearance of Toys R Us from the market.
Since the toy retailer filed for bankruptcy last fall, media and analysts have speculated on who might grab Toys R Us’ market share should it close stores or fail altogether. Now many are making plans to push deeper into the category as the 70-year old toy retailer winds down.
Walmart, which is often credited with being among Toys R Us’ killers, said last week it plans to expand toy offerings. Steve Bratspies, chief merchandising officer for Walmart U.S. said Wednesday in a Q&A with reporters that the retail giant is planning for “a big toy market this year.”