Toys 'R' Us shares fall as CEO Nakasone quits

Article Abstract:

Toys "R" Us Inc. saw its share value drop by 6.6% on August 27, 1999. The company's shares lost value one day after the resignation of its chief executive officer, Robert Nakasone. His resignation is the most recent signal that there is turmoil at Toys "R" Us. Chairman Michael Goldstein was appointed as the acting CEO in place of Mr. Nakasone. Mr. Nakasone also resigned his post as Toys "R" Us' director.

Comment:

Shares drop 6.6% following resignation of CEO Robert Nakasone

Abstract, Nakasone, Robert

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Staples' founder to quit post as CEO; Sargent to take over

Article Abstract:

Staples Inc.'s founder, Thomas G. Stemberg, is resigning his post as chief executive in February 2002. However, Stemberg will stay on as the company's executive chairman. President and Chief Operating Officer Ronald L. Sargent will replace Stemberg.

Staples Inc., SPLS, Stemberg, Thomas G., Sargent, Ronald L.

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It's toys vs. toys online, and it will get rough

Article Abstract:

EToys and a partnership between Toys 'R' Us and Amazon.com plan for a holiday season in which the two will compete for online toy sales superiority.

Strategy & planning, Hobby, toy, and game shops, Planning, Brief Article, Amazon.com Inc., eToys Inc., TOY, AMZN

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