I have good news Toys 'R' Us plans to open 24 stores in 2024, plus airport and cruise ship shops. When Toys “R” Us closed all its stores in 2018 after an unsuccessful attempt to pull itself out of bankruptcy, people who grew up with the iconic store mourned losing part of their childhood.5 Oct 2023
Similarly to Macy‘s, Debenhams, Galeria, etc., which all also faced bankruptcy, their business basically was selling stuff in warehouse like spaces which were annoying and cramped. Personally, I obviously also was buying stuff there as a child but I always found the stores to be really annoying. No surprise at this point they went bankrupt. Smyths or whatever it is called is even worse though.
Guys it’s 2024. I’m so excited Toys “R” Us opened in California supposed to be opening in each state. America’s gonna be the second one next year. I hope you guys are excited.
TOYS R US CAME BACK INSIDE OF MACY'S, AMERICAN DREAM, AND THE MALL OF AMERICA!!! IT ALSO CAME BACK IN THE UK INSIDE OF WHSMITH!!! HOW DO ALL OF YOU NOT KNOW THAT?!?! IT'S BEEN BACK SINCE 2021!!!!
While originally considered a category killer,[1] the rise of mass merchants and online retailers cost Toys "R" Us its share of the toy market. The company was further hampered by a significant debt load, the result of a leveraged buyout organized by private equity firms. The company filed for bankruptcy in 2017 and 2018, closing all of its stores in the US, UK, and Australia, with the last US stores closing in 2021. Operations in other international markets such as Asia and Africa were less affected, but chains in Canada, parts of Europe and Asia were eventually sold to third parties
