J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

Image
Reuters
Last Updated : Aug 09 2018 | 7:35 PM IST

(Reuters) - J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.

The department store operator said it was expanding its selection of cribs, strollers and car seats from brands such as Fisher Price and Dr. Brown's at 500 stores, starting Aug. 30.

"We've strategically chosen these 500 J.C. Penney locations because the majority of the stores are near a specialty baby retailer that has recently closed its doors," the company said on Thursday.

Babies 'R' Us was the go-to destination for parents looking for cribs, pacifiers and diaper bag before it shut its stores in June due to the bankruptcy of its parent company.

J.C. Penney could help Mattel Inc's Fisher Price, which has seen sales tumble since the collapse of Babies 'R' Us'.

(Reporting by Uday Sampath in Bengaluru; Editing by Anil D'Silva)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2018 | 7:21 PM IST

Next Story