Tonawanda News

Business

January 11, 2006

Toys R Us in Summit mall to close

North Tonawanda, NY — A longtime anchor of The Summit mall in Wheatfield will close its doors by early spring.

The Toys R Us store at 6929 Williams Road began a liquidation sale Saturday that will run until its shuttering in early spring. The store is one of 87 locations the toy retailer announced late Monday would close as part of a reorganization plan.

“It wasn’t at all based only (on sales),” Toys R Us spokeswoman Kelly Cullen said. “A number of things went into each decision ... senior management have reviewed the entire store portfolio and made what we believe are the best business decisions.”

A total of 27 employees will be affected by the closing, Cullen said. Some people, “where possible and practical,” will be offered jobs at other area stores.

Summit owner Jim Anthony said the 30,000-square-foot space has been occupied by Toys R Us since about 1992 and was a “Child’s World” location for more than 15 years before then. Toys R Us has 13 years left on its lease.

“We know that it was a profitable store,” Anthony said. “We also know that they are working on trying to find a sub-tenant for the space.”

Anthony added that Toys R Us’ departure “will open up some interesting prospects” at one of the mall’s prime spaces.

Toys R Us also has stores on Sheridan Drive in Amherst, Transit Road in Williamsville and McKinley Parkway in Hamburg. None of those stores will be closed, Cullen said.

“Reviewing our real estate is a key part of our long-term strategy,” Cullen said. “We are committed to remaining the number one specialty toy retailer.”

No items bought during the Wheatfield store’s liquidation sale can be returned, but anything bought prior to Monday’s announcement can be returned with a receipt until the store’s closing, a date for which has not been set.

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