Santa's Surprise for Toys 'R' Us

A better-than-expected holiday shopping season, plus improving sales at remodeled stores, bodes well for the toy retailer

Amid the retailing doom and gloom of Christmas 2000, a happy surprise comes from the unlikeliest of sources -- Toys 'R' Us (TOY ). On Jan. 4, the Paramus (N.J.) retailer said it had beat freezing temperatures, a drooping economy, a bad overall retail season -- and even its own dismal history -- to produce $4.2 billion in sales during the nine-week holiday-shopping season.

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