EToys to Shut British Web Site
Bloomberg News
EToys Inc. will close its Web site in Britain on Jan. 19 as it tries to reduce losses, according to the Internet toy retailer’s Web site. The company is cutting prices by half for all merchandise, the site said. Officials at EToys were not immediately available for comment on how many people would be fired or whether the company’s other site in Britain, Baby Centre, also would close. Shares of Santa Monica-based EToys closed unchanged at 22 cents on Nasdaq.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.