Toys R Us Looks To Eastern Europe
In the fourth quarter, toy companies can generate 70% of their operating profit, mostly before Christmas. It's also an important indicator of where the economy and the jobs market are headed, since consumers represent two-thirds of economic growth.
Columnist Maria Bartiromo speaks with Toys R Us CEO Gerald Storch, who heads the USA's largest toy retailer. He wouldn't commit to a forecast about the holiday sales season but said expansion plans are in the works, not only in Asia but Eastern European countries like Poland.