By Joey Gardiner, 17 August 1999 17:54
NEWS Toys R Us is blaming falling profits in its Q2 results on investment in the Internet. The firm's profits fell from $14m to $12m on sales of $2.2bn. Toys R Us spent $4m over the last quarter setting up its ecommerce venture http://www.toysrus.com, and recently appointed John Barbour as online CEO after its original choice, Bob Moog, left the company after less than a month.
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