Content about Storch

January 14, 2014

Supervalu Inc. said that it has named Gerald Storch, who served as CEO of Toys “R” Us from 2006 to 2013, as board chairman.

Minneapolis -- Supervalu Inc. said that it has named Gerald Storch, who served as CEO of Toys “R” Us from 2006 to 2013, as board chairman.

The supermarket company said Storch will replace Robert Miller, who is resigning as chairman in March to focus on “other demands.” Miller, then president and CEO of Albertsons, was named chairman last March after Supervalu completed the sale of five of its grocery chains.

November 26, 2013

Toys “R” Us CEO Antonio Urcelay has replaced Gerald Storch as chairman of the company. Urcelay, appointed interim CEO at Toys “R” Us in May 2013, was officially named chief executive in October.

Wayne, N.Y. -- Toys “R” Us CEO Antonio Urcelay has replaced Gerald Storch as chairman of the company. Urcelay, appointed interim CEO at Toys “R” Us in May 2013, was officially named chief executive in October.

Storch, who had previously served as CEO, is stepping down as chairman to dedicate more time to his consulting company, Storch Advisors, Toys “R” Us said in a filing with the Securities and Exchange Commission.

May 13, 2013

Toys "R" Us has appointed Antonio Urcelay, 61, the head of its European operations, as interim CEO, according to a filing the retailer made on Monday with the Securities and Exchange commission, The Record reported.

New York -- Toys "R" Us has appointed Antonio Urcelay, 61, the head of its European operations, as interim CEO, according to a filing the retailer made on Monday with the Securities and Exchange commission, The Record reported.

Urcelay replaces Gerald Storch, who announced in February that he would be stepping. At the time, Storch said he would remain as CEO during the transition. While his role as chief executive ended Sunday, he continues to serve as chairman of the board.

February 13, 2013

The search is on for a new chief executive of Toys “R” Us with the announcement that Gerald L. Storch is stepping down as CEO of the company.

Wayne, N.J. -- The search is on for a new chief executive of Toys “R” Us with the announcement that Gerald L. Storch is stepping down as CEO of the company. The news comes just weeks after the world's largest dedicated toy retailer reported that its same-store U.S. sales fell 4.5% during the holiday season, and that its total sales fell 4.7%. 

December 9, 2011

Toys “R” Us reported Friday an operating loss of $75 million for the quarter ended Oct. 29, compared with a loss of $62 million in the year-ago period.

Wayne, N.J. -- Toys “R” Us reported Friday an operating loss of $75 million for the quarter ended Oct. 29, compared with a loss of $62 million in the year-ago period. Adjusted EBITDA was $36 million, compared with $49 million in the prior year.

Sales dipped to $2.7 billion from $2.72 billion a year earlier, and same-store sales fell 2.2% domestically and 3.9% internationally.

September 14, 2011

Toys “R” Us is cutting back on the number of temporary holiday stores it opens this year compared with last, but it is significantly expanding the number of exclusive products it offers, chairman and CEO Jerry Storch said at a press conference Wednesday.

New York City -- Toys “R” Us is cutting back on the number of temporary holiday stores it opens this year compared with last, but it is significantly expanding the number of exclusive products it offers, chairman and CEO Jerry Storch said at a press conference Wednesday. The retail chief’s bet on the hottest toy of the season: Animal Planet’s Air Swimmers line (helium-filled, radio-controlled flying fish), which will be available only at Toys “R” stores and via its website.

April 20, 2011

Toys “R” Us announced Wednesday that it will open a new e-commerce distribution center near Reno, Nev., to support its expanding online business.

Wayne, N.J. -- Toys “R” Us announced Wednesday that it will open a new e-commerce distribution center near Reno, Nev., to support its expanding online business.

The dedicated e-commerce fulfillment center, located in McCarran, is slated to open in July.

Once operational, the retailer said the 300,000-sq.-ft. facility will enable it to increase its fulfillment capacity and expedite deliveries to online customers in the western United States.

September 14, 2010

Toys “R” Us said Wednesday that it will open 10 FAO Schwarz pop-up stores for...

January 6, 2010

Toys “R” Us announced that same-stores sales increased 4.6% in December in its domestic...

January 7, 2009

Toys “R” Us Inc. said Thursday that same-store sales rose in December, but fell over...

October 4, 2005

Minneapolis, In a...

October 4, 2005

Minneapolis, In a...