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BBY Best Buy Co Inc

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Share Name Share Symbol Market Type
Best Buy Co Inc BIT:BBY Italy Ordinary Share
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  0.00 0.00% 0.00 -

Toys 'R' Us Cuts Global Sourcing,Product Development Chief

24/09/2009 3:14pm

Dow Jones News


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Toys "R" Us Inc. has eliminated the job that heads up its global sourcing and product development, terminating Ron Boire's employment as a result.

In a filing with the Securities and Exchange Commission late Wednesday, the company said Boire, who was president of "R" Us Brands, was terminated Tuesday without cause. He was also executive vice president at the company.

Through a company representative, Boire declined to comment, and the representative said the retailer also would not comment beyond the SEC filing.

Boire joined Toys "R" Us in 2006 as head of the retailer's U.S. operations and was named to his most recent post in February. He was Best Buy Co.'s (BBY) global merchandise manager before joining Toys "R" Us.

Based in Wayne, N.J., Toys "R" Us has 1,550 Toys "R" Us and Babies "R" Us stores, including 847 in the U.S.

-By Mary Ellen Lloyd, Dow Jones Newswires; 704-948-9145; maryellen.lloyd@dowjones.com

 
 

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