Wow. CNN has just posted an article claiming that Walmart wants to replace Toys R Us. Walmart is taking aggressive steps to fill the void left by Toys ‘R’ Us. Sensing an opportunity to appeal to shoppers and grab market share, the world’s largest retailer is expanding its toy selection in stores and online as it gears up for the first holiday season without Toys ‘R’ Us in decades. Walmart (WMT) announced on Thursday that it plans to increase its toy selection in some stores by 30% and expand its website assortment by 40%. It is bringing hundreds of exclusive brands to aisles and holding in-store toy demos. Walmart is also partnering with Ryan, a first-grade YouTube star, on “Ryan’s World” — a line of toys he recommends. Check out the full article HERE.
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