In a SEC filing on Friday, Toys “R” Us, Inc. announced that Neil Friedman has resigned as president of U.S. operations after 10 months at the company. His resignation will be effective on February 24. The filing says Friedman will “become an advisor to the broader toy industry,” and the company “intends to retain his advisory services, on a non-exclusive basis, for new ventures and business alliances.”

This post was originally written by Elizabeth A. Reid and published by For more news, visit, follow The Toy Book on Twitter, and like The Toy Book on Facebook. The Toy Book is a bimonthly trade magazine covering the toy industry, published by Adventure Publishing Group.