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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_____________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
_____________________
Date of Report (Date of earliest event reported): February 3, 1997
TOYS "R" US, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-11609 22-3260693
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
461 From Road, Paramus, New Jersey 07652
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:(201) 262-7800
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
This report relates to certain announcements made by the Registrant
in the Press Release, dated February 3, 1997, filed as an exhibit hereto and
incorporated by reference herein.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
c. Exhibits
99. Press Release, dated February 3, 1997
<PAGE
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
TOYS "R" US, INC.
Dated: February 3, 1997 By: /s/ Louis Lipschitz
Louis Lipschitz
Executive Vice President and Chief
Financial Officer
FROM: Lawrence A. Rand Louis Lipschitz
Kekst and Company Toys "R" Us
437 Madison Avenue461 From Road
New York, NY 10022 Paramus, NJ 07652
(212) 593-2655 (201) 368-5548
FOR: Toys "R" Us, Inc. FOR IMMEDIATE RELEASE
(NYSE: TOY)
TOYS "R" US COMPLETES ACQUISITION OF BABY SUPERSTORE
PARAMUS, NEW JERSEY, FEBRUARY 3, 1997 -- Toys "R" Us, Inc. (NYSE: TOY) announced
today that it has completed its previously announced acquisition of Baby
Superstore, Inc. (NASDAQ: BSST), a leading large format retailer of baby and
young children's products in the United States.
"Our merger with Baby Superstore is another significant step in our long term
strategic plan to enhance our leadership position in the children's marketplace
by immediately increasing our position in the infant through toddler segment,
"said Michael Goldstein, Chief Executive Officer of Toys "R" Us. "We are
excited about the overall synergies we will achieve by combining the
outstanding customer service expertise of Baby Superstore with the
merchandising, advertising, distribution and financial strength of Toys "R"
Us. This will enable us to accelerate our planned growth in sales and earnings
of our new Babies "R" Us division."
Toys "R" Us announced in early October that it would acquire Baby Superstore
in a tax-free exchange of shares valued at approximately $376 million.
Toys "R" Us is the world's largest retailer of children's products currently
operating 680 toy stores in the United States, 396 international toy stores,
including franchise stores, 212 Kids "R" Us children's clothing stores, 6
Babies "R" Us stores and 2 Kids World stores. The merger with Baby Superstore
adds 77 stores to the Toys "R" Us family.
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