toysrus_logoFollowing KB Toys’ bankrutpcy and liquidation last year, and following Toys R Us’ acquisition of eToys,, and FAO Schwartz, Toys R Us has now bought the KB Toys brand, including the web site, for $2.1 million. Note that the stores themselves were already liquidated. (source)

Toys R Us net earnings for Q2 2009 were up to $27 million, compared to $13 million for Q2 2008. Net sales were $2.567 billion compared to $2.771 billion. Decreases in sales was due to foreign exchange and less  sales of video game consoles. (source)

Toys R Us is offering its own “cash for clunkers” program, letting people trade in baby furniture and yard toys to receive 20% off from various products. They claim to be doing this to raise awareness about unsafe toys, and to warn parents against buy used toys or baby items that might be unsafe. (source and details)