Toys“R”Us sells Chill Factor business to Character Promotions for $1.31 million

SYDNEY, AUSTRALIA:  Toys“R”Us ANZ Limited (ASX: TOY) announced the sale of its Chill Factor business to Character Promotions Limited, a UK based toy manufacturer and distributor. The sale continues the strategic intent and transformation of the Company through an ongoing overhaul of product portfolios, including an increased focus on its e-commerce businesses Toys“R”Us, Babies“R”Us and…