NEW YORK -- Toys ``R'' Us Inc., the nation's second biggest toy retailer, reported a narrower third-quarter loss as a gain on the sale of Kids ``R'' Us stores boosted results despite a sales decline.
Company officials, meanwhile, said Monday that the company expects to separate its Toys ``R'' Us business from its fast-growing Babies ``R'' Us operations in the first half of 2005. Babies ``R'' Us stores sell furniture, apparel and accessories.
Toys ``R'' Us, second only to Wal-Mart Stores Inc. in toy sales, reported it lost $25 million, or 12 cents a share, in the three months ended Oct. 30. That compared with a loss of $46 million, or 22 cents a share, in the …
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