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Toys R Us buys retailer EToys.com, related sites

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Associated Press

Toy retailer Toys R Us Inc. said Thursday that it had acquired online toy seller EToys.com from Parent Co., which filed for bankruptcy protection in December.

Financial terms weren’t disclosed. The deal includes websites BabyUniverse.com, an e-commerce site, and EPregnancy.com, a parenting-resource website.

Privately held Toys R Us, which operates Toysrus.com and Babiesrus.com, said the deal would enable it to expand its Web portfolio through three established sites.

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The sites will continue to operate under their own names.

Currently, the EToys website says it is “revitalizing, re-energizing and relaunching” and allows users to check their order status but not place new orders.

The acquisition comes as toy makers and sellers are suffering amid a consumer spending slowdown.

The top two U.S. toy makers, Hasbro Inc. and Mattel Inc., recently reported significant fiscal fourth-quarter earnings declines, hurt by the weakest holiday season in decades.

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