WAYNE, N.J. & TOYKO–(BUSINESS WIRE)–Toys“R”Us, Inc. today announced the retirement of Monika Merz, president
of Toys“R”Us, Asia Pacific, effective May 31, 2016. Her successor will
be named at a future date.
As President, Toys“R”Us, Asia Pacific, Monika Merz oversees all
operations and business activities for the company’s more than 300
stores in Japan, Southeast Asia, Greater China and Australia. In this
role, she has been responsible for the continued growth, profitability
and success of the company in these markets. Since she started working
at Toys“R”Us, Ms. Merz has been instrumental in the development of new
store formats and merchandising concepts that have been successfully
translated to other markets, ultimately strengthening the company’s
position in the global marketplace.
Dave Brandon, Chairman and CEO, Toys“R”Us, Inc. said, “I want to take
this opportunity to express my heartfelt gratitude to Monika and to
acknowledge her many contributions during her years with the company.
She is a highly regarded leader who has inspired new ideas, demonstrated
innovative thinking and unwavering passion for the business and grown
our Toys“R”Us brand internationally, even through challenging times and
Ms. Merz’s retirement will bring to a close a remarkable career of
nearly 20 years of continuous service to the company. She joined in 1996
as Vice President and General Manager, Toys“R”Us, Canada and was
promoted to President, Toys“R”Us, Canada four years later. In 2007, Ms.
Merz assumed leadership of Toys“R”Us, Japan. Her role was expanded to
include responsibility for the company’s stores in Australia in 2011,
and, later that year, Ms. Merz gained oversight of the company’s
locations and corporate offices in Southeast Asia and Greater China when
the company entered a joint venture agreement with Li & Fung to operate
these formerly licensed stores.
“During my time at Toys“R”Us I’ve had many experiences and challenges,
but I’ve always been supported by exceptional teams and leaders,” said
Ms. Merz. “I’m proud of all that we have accomplished and confident that
the work we have done to provide a fun and memorable shopping experience
for customers will continue after my retirement. After more than eight
years in Asia Pacific, I’m now looking forward to returning to Canada
and a new stage in my life.”
FOR MEDIA USE: Download a photo of Monika Merz here: https://toysrus.sharefile.com/d-sc990c6c02f645e49.
About Toys“R”Us, Inc.
Toys“R”Us, Inc. is the world’s leading dedicated toy and baby products
retailer, offering a differentiated shopping experience through its
family of brands. Merchandise is sold in 856 Toys“R”Us and Babies“R”Us
stores in the United States, Puerto Rico and Guam, and in more than 755
international stores and more than 250 licensed stores in 38 countries
and jurisdictions. In addition, it exclusively operates the legendary
FAO Schwarz brand and sells extraordinary toys at FAO.com.
With its strong portfolio of e-commerce sites including Toysrus.com and
it provides shoppers with a broad online selection of distinctive toy
and baby products. Headquartered in Wayne, NJ, Toys“R”Us, Inc. has an
annual workforce of approximately 66,000 employees worldwide. The
company is committed to serving its communities as a caring and
reputable neighbor through programs dedicated to keeping kids safe and
helping them in times of need. Additional information about Toys“R”Us,
Inc. can be found on Toysrusinc.com.
Follow Toys“R”Us and Babies“R”Us on Facebook at Facebook.com/Toysrus and
on Twitter at Twitter.com/Toysrus and Twitter.com/Babiesrus.