8-K

________________________________________________________________

               SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, DC 20549
                         _______________

                            FORM 8-K

                         CURRENT REPORT
             PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934


        Date of Report (Date of earliest event reported):

                         JANUARY 3, 1994


                        TOYS "R" US, INC.
       (Exact Name of Registrant as Specified in Charter)


DELAWARE                      1-1117              13-5159250 
(State or Other            (Commission          (IRS Employer
Jurisdiction of             File Number)      Identification No.)
Incorporation)


            461 FROM ROAD, PARAMUS, NEW JERSEY  07652
            (Address of Principal Executive Offices)


         Registrant's telephone number:  (201) 262-7800

_________________________________________________________________




Item 5.  Other Events.

          This report relates to certain changes in the
management of the Registrant which were announced in the Press
Release, dated January 3, 1994, filed as an exhibit hereto and
incorporated by reference herein.  


Item 7.   Financial Statements, Pro Forma Financial
          Information and Exhibits.

          (c)  Exhibits.

               20.  Press Release, dated January 3, 1994.




                           SIGNATURES


          Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf on its behalf by the undersigned thereunto
duly authorized.


Dated:    January 4, 1993


                                   TOYS "R" US, INC.



                                   By:  /s/ Louis Lipschitz
                                        Senior Vice President-
                                        Finance and Chief
                                        Financial Officer







                        INDEX TO EXHIBITS


     Exhibit                                       Electronic (E)
     No.       Description                           or Paper (P)
     ____________________________________________________________

     20        Press Release, dated
               January 3, 1994 . . . . . . . . . . . . .  E
     ____________________________________________________________

EX-20

FROM:     Lawrence A. Rand              Michael Goldstein
          Kekst and Company             Toys "R" Us, Inc.
          437 Madison Avenue            461 From Road
          New York, NY 10022            Paramus, NJ 07652
          (212) 593-2655                (201) 599-6981

FOR:      Toys "R" Us, Inc.             FOR IMMEDIATE RELEASE
          (NYSE:TOY)

TOYS "R" US REPORTS SALES FOR CHRISTMAS SEASON AND ELEVEN MONTHS;
                  MANAGEMENT CHANGES ANNOUNCED

          Sales for the Christmas Season Rose 14.9% with
          Comparable U.S.A. Toy Store Sales Up 7.4%

          Sales for the Eleven Month Period Increased 10.8% to
          $7.458 Billion

          Goldstein Named Chief Executive Officer; Nakasone
          Becomes President and Chief Operating Officer; Lazarus
          Continues as Chairman of the Board and Chairman of
          Executive Committee (Effective February 1, 1994)


PARAMUS, NEW JERSEY, January 3, 1994 -- Toys "R" Us, Inc., the
world's largest children's specialty retailing chain, today
reported that its sales for the Christmas selling season (eight
weeks ended December 25, 1993) increased 14.9% to $3.406 billion,
compared to $2.965 billion for the same period a year ago.  The
Company also said that its year-to-date sales rose 10.8% to
$7.458 billion from $6.732 billion in the same period last year.

Commenting on the results, Charles Lazarus, Chairman and Chief
Executive Officer of Toys "R" Us, stated, "Our comparable U.S.A.
toy stores sales rose 7.4% for the 1993 Christmas season and 3.5%
for the eleven months.  This strong performance reflects the
continued success of our strategy of providing the best selection
of merchandise available at everyday low prices, as well as
several new marketing and merchandising initiatives implemented
this year.  These include the roll-out of one of the "specialty
boutiques" within our stores, Books "R" Us, the expanded use of
our Toys "R" Us catalog and the acceleration of our Geoffrey
Helper program.

Internationally, in local currencies our comparable store sales
increased in low single digits in Canada, the United Kingdom,
France and Austria.  Our German, Japanese and Spanish toy stores
experienced comparable store sales decreases.  Our international
stores were adversely impacted by the recessionary environments
in those countries.  We continue to be pleased with the
acceptance of our new stores throughout the world.  During 1993,
we expanded our market share by opening 67 stores outside of the
United States, including stores in five new countries.  In 1994,
we expect to increase our international expansion rate to over 70
new stores and open our first stores in Scandinavia.

Kids "R" Us had moderate comparable store sales increases in a
difficult apparel sales environment, continuing the third quarter
trend."

MANAGEMENT CHANGES

Mr Lazarus also said that the Board of Directors has elected
Michael Goldstein, Vice Chairman, to the position of Chief
Executive Officer.  Robert C. Nakasone has been elected President
and Chief Operating Officer and named to the Board's Executive
Committee.  The appointments are effective February 1, 1994.

Mr. Lazarus remains Chairman of the Board as well as Chairman of
the Executive Committee.

"These appointments are an integral part of our succession
planning process and give added responsibilities to our two most
senior executives," Mr. Lazarus said.  "As CEO, Mr. Goldstein
will be primarily responsible for overall corporate strategy. 
Kids "R" Us and corporate staff functions including finance,
administration, information systems, legal and real estate will
report to Mr. Goldstein.  As COO, Mr. Nakasone will handle the
day-to-day direction of the company's activities and oversee our
United States and International toy divisions," Mr. Lazarus
concluded.

Mr. Goldstein, 52, joined Toys "R" Us in 1983.  Prior to coming
to the company, he was Senior Executive Vice President-Operations
and Finance of Lerner Stores Corporation.  Preceding that, he was
a partner in the international accounting firm of Ernst & Young. 
He graduated magna cum laude with a B.S. degree in economics from
Queens College.  He was the recipient of the Haskins gold medal
for achieving the highest score in the C.P.A. examination in New
York State.

In addition to being a member of the Board of Toys "R" Us, Mr.
Goldstein is a member of the Board of Directors of the 92nd
Street Y, chairman of the Queens College Foundation and chairman
of its Accounting and Information Systems Advisory Board.  He is
married and has two daughters.

Mr. Nakasone, 46, joined Toys "R" Us in 1985.  Prior to joining
the company, he was Vice President-General Manager of the Midwest
division of Jewel Food Stores, a division of Jewel Companies,
Inc.  Preceding that, he was President of Brighams Ice Cream
Sandwich Shops, a division of Jewel Companies, Inc.

Mr. Nakasone grew up in southern California and attended
Claremont McKenna College where he received his B.A. in 1969, cum
laude.  He graduate with honors in 1971 from the University of
Chicago Graduate School of Business Administration.  In addition
to being on the board of Toys "R" Us, he is a Trustee of
Claremont McKenna College and member of the Board of Directors of
Staples, Inc.  He is also honorary chairman of the Japanese-
American National Museum leadership campaign.  He is married and
has four children, two daughters and two sons.

Toys "R" Us is the world's largest and fastest growing children's
specialty retailing chain currently operating 581 toy stores in
the United States, 234 international toy stores and 217 Kids "R"
Us children's clothing stores.

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