Toys ‘R’ Us Has a Baby Problem – Wall Street Journal (subscription)

Toys “R” Us Inc. executives blamed the retailer’s latest quarter of shrinking sales on the baby business, where sales of strollers, cribs and diapers are slowing or moving online.

The problem was compounded, Chief Executive David Brandon said, by aggressive prices from retailers aggressively trying to hook young parents into becoming longtime customers as their children age.

“We saw significant, significant price reductions,…

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