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Toys ‘R’ Us to debut in Poland
Wayne, N.J. -- Toys “R” Us said Wednesday it will make its debut in Poland at the end of November, opening a store in Warsaw.
The company, which currently operates 300+ stores in Europe, said it will add several additional locations in major cities throughout Poland in 2012.
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Brown Shoe finalizes sale of And 1
St. Louis -- Brown Shoe Co. said Wednesday it has finalized the sale of its And 1 men’s performance and lifestyle brand to Galaxy International for $55 million.
The And 1 brand was part of the $145 million American Sporting Goods acquisition that Brown completed last February in a move to expand its reach into the fitness category.
Brown Shoe said it plans to use the proceeds from the sale of And 1 to pay down debt.