Toys R Us to expand reach with more stores

Toys R Us Inc, the leading toy and baby-products retailer, plans to double its number of stores in China to 200 within three years, in anticipation of a growth in business from the relaxation in the country's one-child policy.

The company has opened 27 stores in China within the past year, after opening here in 2006. It now operates in 44 cities, with most new openings in smaller cities.

"China has been one of the most important markets for our global expansion plans, and growth in the region is expected to continue with the planned opening of more than 30 new stores in 2016," said Monika Merz, its president, Asia Pacific.