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Don’t Call It A Comeback! New Owner Of Toys ‘R’ Us Plans To Reopen Stores Before The Holiday Season

<p data-pm-slice&equals;"1 1 &lbrack;&rsqb;">&num;Roommates&comma; a few years ago many were heartbroken after beloved toy store chain <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;dont-call-it-a-comeback-toys-r-us-officially-returns-with-new-store-opening&sol;">Toys &&num;8216&semi;R&&num;8217&semi; Us<&sol;a> officially closed its doors permanently after succumbing to bankruptcy—but that could all change&period; According to the new owner of the Toys &&num;8216&semi;R&&num;8217&semi; Us brand&comma; there are plans to officially reopen all stores in the U&period;S&period; before the 2021 holiday season&excl;<&sol;p>&NewLine;<p>&commat;CNBC reports&comma; Toys &&num;8216&semi;R&&num;8217&semi; Us fans have a big reason to be happy&comma; as the <a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;2021&sol;03&sol;15&sol;whp-global-takes-controlling-stake-in-toys-r-us-plans-to-open-stores&period;html">current plans<&sol;a> to reopen are just months away—according to the brand new owner&comma; that is&period; Brand management company WHP Global announced earlier this week that it acquired controlling interest in Tru Kids&comma; which is the parent company of Toys &&num;8216&semi;R&&num;8217&semi; Us&comma; Babies &&num;8216&semi;R&&num;8217&semi; Us and the iconic &&num;8216&semi;Geoffrey&&num;8217&semi; the Giraffe brand&period; Chairman and CEO of WHP Global&comma; Yehuda Shmidman&comma; has high hopes that the deeply missed toy store can make a successful return&period; &OpenCurlyDoubleQuote;We’re in the brand business&comma; and Toys &&num;8216&semi;R&&num;8217&semi; Us is the single most credible&comma; trusted and beloved toy brand in the world&period; We’re coming off a year where toys are just on fire&period; &&num;8230&semi; And for Toys &&num;8216&semi;R&&num;8217&semi; Us&comma; the U&period;S&period; is really a blank canvas&period;”<&sol;p>&NewLine;<p>Shmidman definitely has a big hurdle in front of him&comma; as he plans to not only reopen all U&period;S&period; stores&comma; but he aims to do it fairly quickly&period; The goal is to reopen before the lucrative holiday season sales rush—however&comma; the stores won’t necessarily be in the locations they were before&period; WHP Global is abandoning Toys &&num;8216&semi;R&&num;8217&semi; Us stores of the past that were considerably large&comma; and is instead eyeing small locations&comma; such as downsized flagship stores&comma; pop-ups&comma; airports and mini stores inside other retailers&period;<&sol;p>&NewLine;<p>Explaining that changing shopping habits are what led to the new focus&comma; Shmidman said&colon;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;There are so many malls that will no longer be in the future&comma; so we don’t need to be there&period; But we could be in malls that do have traffic&period; &&num;8230&semi; So we really have an opportunity not just to capture that experience for toys that people are yearning for&comma; but also capture where &lbrack;people&rsqb; want to shop&period; That will be very interesting post-Covid&period;”<&sol;em><&sol;p>&NewLine;<p>As of now&comma; WHP Global has yet to announce a specific date for when store reopenings will occur or the number of stores that will be open before the end of the year&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong> <&sol;strong>Want tea directly in your text inbox&quest; Hit us up at 917-722-8057 or <a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;my&period;community&period;com&sol;theshaderoom">click here to join&excl;<&sol;a><&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; center&semi;&semi;"> <div class&equals;"wpra-reactions-container" data-ver&equals;"1&period;3&period;10" data-post&lowbar;id&equals;"73857" data-show&lowbar;count&equals;"true" data-enable&lowbar;share&equals;"onclick" data-behavior&equals;"regular" data-animation&equals;"true" data-share&lowbar;url&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;dont-call-it-a-comeback-new-owner-of-toys-r-us-plans-to-reopen-stores-before-the-holiday-season&sol;" data-secure&equals;"270d31e518"> <div class&equals;"wpra-call-to-action" style&equals;"color&colon; 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Danielle Jennings

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