Toys 'R' Us to open in South Korea

WAYNE, N.J. Toys “R” Us announced that it will open its first store in South Korea on Dec. 8. According to the company, the store -- at 36,931 square-- will be the largest toy store in the country.

The store is being opened through a license by the Lotte Group, one of the premier retailers in South Korea.    

“We are delighted to partner with the Lotte Group to bring the World’s Greatest Toy Store to South Korea,” said Jerry Storch, chairman and ceo of Toys “R” Us.  “The addition of South Korea to our store portfolio extends our global reach to 36 countries and we look forward to future expansion as we continue to strengthen our international toy authority position.”