Toys ‘R’ Us Holiday Sales Up

Wayne, N.J., Toys "R" Us Inc. said Wednesday its U.S. comp-store sales for the nine-week holiday selling season rose 4.1%. Company officials credited the results to strong innovation in toy offerings, better in-stock positions, improved execution at the store level, aggressive marketing and high customer demand for a number of popular items.

Comp-store sales at the privately held company's Babies "R" Us division rose 6% for the Oct. 29 to Dec. 30 period, while international sales rose 1.9%.