Toys R Us Releases Annual List of Hot Toys for the Holidays

Toys R Us unveiled its annual list of hot holiday toys and the selections could have some naughty kids clamoring to make Santa's nice list.

Among the high-tech toys that the retailer expects to be a hit with kids this holiday are a tablet for kids called tabeo e2, the Xbox One and a LeapPad Ultra. "Despicable Me" figurines and LEGO's Legends of Chima: The Lion Chi Temple set also made the cut.

Big Hugs Elmo, the embraceable Sesame Street resident that hugs back, is working over time: It made both Toys R Us and Walmart's top holiday toy list.

Toys R Us' list, released on Wednesday, comes on the heels of Walmart's annual "Chosen by Kids" top toys list. Both retailers are vying to control the competitive toy market pie with shopping incentives like layaway plans, price matching, exclusive products and discounted prices.

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