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Published on: Wednesday, March 17, 2021
By: AFP
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Toys R Us has yet another new majority owner, WHP Global, which aims to reopen brick and mortar stores.
NEW YORK: Iconic American toy store Toys “R” Us is changing hands once again, this time going to an investment firm that promises to expand the chain that once dominated the market.
Leading brand acquisition and management company WHP Global announced on Monday it had taken control of the troubled business known for its Geoffrey the Giraffe mascot and backwards “R” in the name.
The deal comes two years after the retailer along with the Babies “R” Us toy and clothing store was acquired in a liquidation sale by Tru Kids Inc, which New York-based WHP said it had taken a controling interest in.
Toys R Us Sold Again To Firm Promising Expansion
03/15/21 AT 8:56 PM
Iconic American toy store Toys R Us is changing hands once again, this time going to an investment firm that promises to expand the chain that once dominated the market.
Leading brand acquisition and management company WHP Global announced on Monday it had taken control of the troubled business known for its Geoffrey the Giraffe mascot and backwards R in the name.
The deal comes two years after the retailer along with the Babies R Us toy and clothing store was acquired in a liquidation sale by Tru Kids Inc, which New York-based WHP said it had taken a controling interest in.
NEW YORK, March 16 Iconic American toy store Toys “R” Us is changing hands once again, this time going to an investment firm that promises to expand the chain that once dominated the market. Leading brand acquisition and management company WHP Global announced yesterday it had taken control.
Toys R Us sold again to firm promising expansion bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.