Toys R Us making a comeback due to new ownership

IGN have reported Toys R Us could well be returning this with stores opening up later this year under new ownership. New owner WHP Global, a New York based management company

In a statement via a press release WHP said:

“We’re in the brand business, and Toys R Us is the single most credible, trusted and beloved toy brand in the world,” WHP chairman and CEO Yehuda Shmidman said. “We’re coming off a year where toys are just on fire… and for Toys R Us, the U.S. is really a blank canvas.”

Source: IGN

Categories:Misc, News

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