Toys “R” Us Inc., the toy retailer owned by Bain Capital LLC, withdrew its plan for an initial public offering after first filing with the U.S. Securities and Exchange Commission almost three years ago.

The 1,500-store toy chain, owned by the private-equity firm founded by Mitt Romney and partners KKR & Co. and Vornado Realty Trust, cited “unfavorable market conditions and the company’s recently announced executive leadership transition.”

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.