Toys 'R' Us Plans Comeback with New Flagship Stores and Nostalgia-Focused Strategy
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Toys 'R' Us plans to open up to 24 flagship stores in the U.S. starting next year as part of a comeback attempt 6 years after bankruptcy.
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The parent company, WHP Global, will also open Toys 'R' Us shops in airports and on cruise ships through a partnership.
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This comes as brick-and-mortar stores have struggled in recent years with the rise of e-commerce and the pandemic.
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Toys 'R' Us aims to tap into nostalgia - parents who shopped there as kids now have their own children.
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But the new stores face challenges competing with Amazon on price and convenience.