Toys R Us Corp. said Monday that...

Toys R Us Corp. said Monday that its earnings and sales at stores open at least a year fell in the first quarter--results that reflect the importance of video games to the toy industry. The world’s largest toy retailer said consumers were holding off on new purchases in anticipation of a new generation of electronic games from Japan. As a result, Toys R Us reported a profit drop instead of its customary gain. First-quarter earnings fell to $18.4 million, or 7 cents a share, from $37.58 million, or 13 cents a share, a year earlier. Sales for all stores in the latest period were up slightly, at $1.49 billion, compared to $1.46 billion.