Some
things really are universal. While language and culture may vary around
the world, one constant remains: Moms and Dads all want the best for their
children -- high quality products and toys that promote learning, spark
imagination and are just plain fun. This knowledge, and our special relationships
with families around the world, is driving the impressive growth of Toys“R”Us
International. From Europe to Australia, from Canada to Japan, wherever
guests are shopping at a Toys“R”Us international location, we’re utilizing
the same strategies as the U.S. and doing everything possible to delight
them with fun, value and unique products, in an exciting and guest-friendly
store environment.
In
2001, Toys“R”Us International achieved another year of record sales. In
fact, the International division posted the highest store for store growth
of all our businesses. At year-end, Toys“R”Us International operated 507
stores in 28 countries, including franchises and joint ventures. We opened
23 new stores last year, expanding our reach and accessibility to thousands
of new families around the world. We rolled out the successful Imaginarium
concept to 185 Toys“R”Us international stores and incorporated our proprietary
brand of plush, Animal Alley, worldwide.
Similar
to our efforts in the U.S., many of our International locations were renovated
and updated to offer an exciting, pleasant and easy shopping experience
for our guests.
Sharing
excellence worldwide
The
ability to leverage our worldwide knowledge in areas such as marketing,
store operations and especially merchandising, gives our company a competitive
advantage. This free flow of ideas, experience and knowledge enables all
countries to focus on proven successes and shorten the timeline and learning
between concept and execution, which is a true advantage for a global
organization.
Looking
ahead with confidence
In
2002, we’ll continue to reenergize and grow our worldwide business by
offering innovative, exclusive merchandise that will set us apart from
the competition and drive our business forward. We will also strengthen
our guests’ experience by remodeling and updating many of our stores,
based on global learnings, to offer an unmatched, guest-friendly environment.
The
universal appeal of our brand is unparalleled, and Toys“R”Us International
will continue to be instrumental in evolving our global presence to delight
parents, kids and other guests around the world.
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