New York-based brand acquisition and management firm WHP Global said on Monday it had taken a controlling interest in Toys ‘R’ Us parent, Tru Kids Inc., more than three years after the toy retailer filed for bankruptcy. Tru Kids, owned by investment funds including Solus Alternative Asset Management, had taken charge of assets including Toys…
Toys R Us Retrenches Again, Shutters Its Last 2 US Stores
NEW YORK—Toys R Us is retrenching once again. The only two Toys R Us stores that opened in November 2019 as part of a small U.S. comeback attempt by the iconic toy chain have now closed. The Toys R Us store at the Galleria mall in Houston shuttered on Jan. 15, while one at the…
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