Toys ‘R’ Us Ends Dutch Franchise Deal

Playthings:

Toys ‘R’ Us Inc. and its franchisee partner (Speelhoorn B.V.) have reached a mutual agreement to end the Toys ‘R’ Us franchise business in the Netherlands as of March 2, 2009,” a TRU spokesperson told Playthings today.

According to Dutch media reports, Speelhoorn will continue to operate its 17 formerly TRU stores under a new name, Toys XL.

Toys “R” Us’ presence in the Netherlands began in 1983.