The Chancery Court in Paterson issued the verdict this morning, paving the way for Toys ÂRÂ Us to have its own retail Website.Retailer Toys ÂRÂ Us of Wayne today scored a victory in its legal dispute with online retailer Amazon.com that terminates their sales partnership. The Chancery Court in Paterson issued the verdict this morning, paving the way for Toys ÂRÂ Us to have its independent retail website.
Toys ÂRÂ Us and Amazon.com had in August 2000 formed a 10-year strategic alliance for online sales. Under that agreement, Toys ÂRÂ Us was to be the exclusive toy seller on Amazon.com. But Toys ÂRÂ Us complained later that Amazon.com flouted that agreement, while the latter said that the toy retailer did not stock enough inventory. Toys ÂRÂ Us went to court last May seeking to sever its ties with Amazon.com.
“Tighter integration of our online business with our brick-and-mortar locations will enhance customer service by creating a more unified Web and retail shopping experience,” said John Sullivan, senior vice president of Toysrus.com.
If all goes well, Toys ÂRÂ Us will have its own site up and running in less than four months, including a 90-day period to dissolve the partnership with Amazon.com.
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