Toys "R" Us, under new ownership by WHP Global, is planning to open up to 24 flagship stores, as well as stores at airports and on cruise ships, by early 2024. The company aims to expand its brand and will open its first airport store at Dallas Fort Worth International Airport in November. The company plans to open future flagship stores in locations that complement existing spots at Macy's stores. Toys "R" Us previously filed for bankruptcy in 2017 and closed its last two stores in 2021, but has since made a physical comeback with an opening at the American Dream Mall and the launch of shop-within-shops at Macy's stores. The company currently operates more than 1,400 stores and e-commerce sites globally.
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00:00 Benzinga and here's what's on the block. Toys R Us under new ownership by WHP Global is planning
00:06 to open up to 24 flagship stores as well as stores at airports and on cruise ships by early 2024.
00:13 The company aims to expand its brand and will open its first airport store at Dallas Fort Worth
00:19 International Airport in November. The company plans to open future flagship stores in locations
00:25 that complement existing spots at Macy's stores. Toys R Us previously filed for bankruptcy in 2017
00:32 and closed its last two stores in 2021 but has since made a physical comeback with an opening
00:38 at the American Dream Mall and the launch of Shop Within Shops at Macy's stores. The company
00:44 currently operates more than 1,400 stores and e-commerce sites globally. For all things money
00:49 visit Benzinga.com