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Could the Bangor Toys R Us Be Coming Back?

A firm out of New York, called Tru Kids, Inc, is taking a controlling stake over the Toys R Us brands. And, with how they are envisioning the future for the Toys R Us brand, there could be a resurrection of physical, walk-through-the-aisles Toys R Us locations in some fashion. This deal was brought to light on Monday and comes two months after Toys R Us shuttered its final two brick-and-mortar stores in the United States. We have seen many mall-centered stores nationwide and here in Bangor closing their doors for over a decade brewed by the war of physical stores versus internet stores. After filing for bankruptcy in 2017, we lost our Bangor Toys R Us in 2018.

WHP Global takes controlling stake in Tru Kids with expansion plans for Toys R Us, Babies R Us – Licensing biz

488 Views The New York brand acquisition and management firm, WHP Global has taken a controlling interest in Tru Kids Inc, the parent company to Toys R Us, Babies R Us, Geoffrey the Giraffe brands, and more than 20 established consumer toy and baby brands. Under the acquisition, WHP will now manage the global TRU business, spanning brick and mortar and digital retail spaces, as it acts to direct its strategic expansion. WHP has now become a significant shareholder in the Toys R Us and Babies R Us brands which combined generate over $2 billion in global retail sales a year through almost 900 branded stores and ecommerce sites across more than 25 countries.

New York Company Plans To Bring Toys R Us Stores Back Nationwide

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