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Toys R Us CEO Steps Down…Sort Of

According to Reuters, the CEO of Toys R Us has stepped down but will remain as Chairman.

The executive in question, Gerald Storch, is a former Target exec as well.

One wonders just how much the poor stocking assortments that have appeared for Cars had to do with the decision. :)

This quote from the Reuters story says it all:”There was a lot of pressure on him, there was a lot of finger-pointing. ‘How did he mess up 2011? Why wasn’t 2012 better?’,” a source familiar with the matter said.

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15 February 2013 CARS, News 3 Comments

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