Toys R Us closed down all 800 of its US retail shops in 2018, signaling the tip of an period for the long-lasting toy store. But it isn’t fairly lifeless but, and its guardian firm is planning to piggyback on one other retailer because it begins rolling out additional enlargement.
CNN studies that the corporate Tru Kids has partnered with Target shops. Under the settlement, customers can do their toy procuring via the relaunched Toys R Us website, after which have their purchases delivered or picked up in Target shops.
Tru Kids gained the rights to the Toys R Us model following its chapter, and it has a plan to revitalize the model. The partnership with Target is only one half. Tru Kids additionally partnered with Kroger to arrange “Geoffey’s Toy Box” sections in 600 grocery shops over the vacations. It can also be planning to open two new shops in Texas and New Jersey and broaden to 10 places by the tip of 2020.
The demise of Toys R Us, whereas not ultimate, signaled an growing wrestle for brick-and-mortar retailers to compete with on-line giants like Amazon. The online game retailer GameStop goes via a tumultuous time as effectively, however it equally has introduced plans for a refreshed approach.