🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Amazon will capitalize on the demise of Toys R Us by mailing millions of people a holiday toy catalog

Published 07/05/2018, 07:25 AM
Updated 07/05/2018, 09:25 AM
© Getty, Two women flick through a holiday Toys R Us catalog.
AMZN
-
WFM
-
  • Amazon (NASDAQ:AMZN) is preparing to publish a holiday toy guide as its next step into physical retail.
  • The catalog will be mailed to millions of US households and handed out at Whole Foods Market (NASDAQ:WFM) stores, according to Bloomberg.
  • It follows the demise of Toys R Us and its "Big Book" of toys.

That's according to Bloomberg, which reported that Amazon is planning to publish a holiday toy catalog to capitalize on the demise of Toys R Us and entice children into selecting their Thanksgiving and Christmas gifts.

Citing people familiar with the plans, Bloomberg said the printed guide will be mailed to millions of US households and handed out at chains of Whole Foods Market, the retailer it acquired for $13.7 billion (£10.4 billion) last year.

It will plug the hole left by the Toys R Us "Big Book," a bible of more than 100 pages of toys and gadgets marketed at children. Toys R Us shut down all of its stores in the US last month after going bankrupt.

Business Insider has contacted Amazon for comment. The company declined to comment when asked by Bloomberg.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.