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Toys 'R' Us enlists big banks as finances improve
Better than expected holiday season and full year profitability at Toys “R” Us has the left the company optimistic about 2016 and looking at a financial restructuring which could free resources for growth initiatives.
Toys “R” Us said its estimated, unaudited and adjusted earnings before interest taxes, depreciation and amortization (EBITDA) increased 21% to $780 million during the fiscal year ended Jan. 30. Excluding a $42 million negative impact of foreign currency translation EBITDA grew 28%.
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TV’s long-running cartoon family to get their very own branded stores
Springfield may be home to the “The Simpsons.” But it won’t be home to the first-ever retail store dedicated to the long-running (27 years) television cartoon series.
20th Century Fox has announced that the world's first Simpsons store will open in Beijing, China, in March, followed by a second location, in Shanghai, by June.

