Major toy retailer Toys R Us plans to withdraw from store operations in Japan, selling its business to the company behind the Don Quijote discount store chain, a person familiar with the matter said Tuesday.Toys R Us Japan has been losing money in recent years, official gazettes show. Amid Japan's declining birth rate, the country has faced shifting demographics with fewer children, while consumers increasingly take to online shopping.The Japan subsidiary, which has about 150 stores in the country, is owned by Toys R Us Asia and employs about 6,000 people, including part-timers, according t…READ FULL ARTICLE
