AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.30 Decreased By ▼ -0.23 (-0.18%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.45 Decreased By ▼ -0.18 (-3.89%)
DCL 8.60 Decreased By ▼ -0.34 (-3.8%)
DFML 40.85 Decreased By ▼ -0.84 (-2.01%)
DGKC 80.90 Decreased By ▼ -2.87 (-3.43%)
FCCL 32.81 Increased By ▲ 0.04 (0.12%)
FFBL 74.90 Decreased By ▼ -0.57 (-0.76%)
FFL 11.68 Increased By ▲ 0.21 (1.83%)
HUBC 109.30 Decreased By ▼ -1.25 (-1.13%)
HUMNL 13.82 Decreased By ▼ -0.74 (-5.08%)
KEL 5.37 Decreased By ▼ -0.02 (-0.37%)
KOSM 7.88 Decreased By ▼ -0.52 (-6.19%)
MLCF 39.15 Decreased By ▼ -0.64 (-1.61%)
NBP 63.80 Increased By ▲ 3.51 (5.82%)
OGDC 196.99 Decreased By ▼ -2.67 (-1.34%)
PAEL 25.81 Decreased By ▼ -0.84 (-3.15%)
PIBTL 7.45 Decreased By ▼ -0.21 (-2.74%)
PPL 156.05 Decreased By ▼ -1.87 (-1.18%)
PRL 26.04 Decreased By ▼ -0.69 (-2.58%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 79.50 Decreased By ▼ -2.94 (-3.57%)
TELE 7.85 Decreased By ▼ -0.46 (-5.54%)
TOMCL 33.88 Decreased By ▼ -0.63 (-1.83%)
TPLP 8.54 Decreased By ▼ -0.52 (-5.74%)
TREET 16.60 Decreased By ▼ -0.87 (-4.98%)
TRG 58.30 Decreased By ▼ -3.02 (-4.92%)
UNITY 27.69 Increased By ▲ 0.26 (0.95%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,490 Increased By 83.2 (0.8%)
BR30 31,358 Decreased By -355.2 (-1.12%)
KSE100 98,087 Increased By 758.6 (0.78%)
KSE30 30,544 Increased By 351.8 (1.17%)

New York City is set to lose another landmark toy shop when Toys"R"Us shutters its Times Square flagship store on December 30. The location, which boasts 110,000 square feet, will close after the toy chain declined to renew its lease, which expires in January. The store first opened in November 2001.
Closing Times Square enabled Toys"R"Us to "realize meaningful rent savings," a company representative said. "We have not signed a lease agreement for a new location at this time, but we are actively searching for another location in Manhattan."
The company continues to operate 17 locations of Toys"R"Us and Babies"R"Us in the greater New York area, the representative added. The move comes on the heels of the closing of the iconic FAO Schwarz on Fifth Avenue earlier this year. At the time, Toys"R"Us, which owns FAO Schwarz, cited soaring real estate costs, but said it could reopen FAO Schwarz elsewhere in Manhattan at a future date.

Copyright Agence France-Presse, 2015

Comments

Comments are closed.