Current:Home > InvestJohnathan Walker:Shopping for Barbie at the airport? Hot Wheels on a cruise ship? Toys R Us has got you -WealthMindset
Johnathan Walker:Shopping for Barbie at the airport? Hot Wheels on a cruise ship? Toys R Us has got you
Chainkeen Exchange View
Date:2025-04-08 13:33:15
You may soon find Toys R Us in a couple of unexpected places.
The Johnathan Walkericonic toy retailer said Friday that it plans to sell toys in airports and on board cruise ships as part of what its parent company WHP Global is calling it the “Air, Land and Sea” expansion.
Toys R Us also said it’s planning as many as 24 new flagship stores across the country next year. The Toys R Us stores will be rolled out in “prime cities” and in partnership with Go! Retail Group, WHP Global said.
In a bid to capitalize on the rise of travel retail, the first airport store is scheduled to open in November at the Dallas/Fort Worth International Airport and will be operated by Duty Free Americas. Stores on cruise ships will sell toys and cruise-themed merchandise, WHP Global said.
Once the world’s biggest toy store chain, Toys R Us has been attempting a comeback since filing for bankruptcy in 2017 and closing all of its stores in 2018.
In 2021, WHP Global acquired a controlling interest in Toys R Us’ parent company. It unveiled a 20,000-square-foot superstore at the American Dream Mall in New Jersey featuring a two-story slide and an ice cream parlor. Macy's and Toys R Us opened up toy shops in more than 400 department stores in 2022, according to WHP Global.
Yehuda Shmidman, chairman and CEO of WHP Global, said in a statement that since his company acquired Toys R Us, it has grown to more than 1,400 stores and e-commerce sites in 31 countries.
veryGood! (12)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Being a female runner shouldn't be dangerous. Laken Riley's death reminds us it is.
- What time do Super Tuesday polls open and close? Key voting hours to know for 2024
- Texas Panhandle wildfires have burned nearly 1.3 million acres in a week – and it's not over yet
- B.A. Parker is learning the banjo
- New Hampshire man accused of kidnapping children, killing mother held without bail: reports
- GM recalls nearly 820,000 Sierra, Silverado pickup trucks over tailgate safety issue
- Nab $140 Worth of Isle of Paradise Tanning Butter for $49 and Get Your Glow On
- A South Texas lawmaker’s 15
- Hurt by inflation, Americans yearn for pensions in retirement. One answer may be annuities
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Texas Panhandle wildfires have burned nearly 1.3 million acres in a week – and it's not over yet
- Top Israeli cabinet official meets with U.S. leaders in Washington despite Netanyahu's opposition
- '$6.6 billion deal': Arkhouse and Brigade increase buyout bid for Macy's
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Donald Trump’s lawyers fight DA’s request for a gag order in his hush-money criminal case
- Mark Harmon's 'NCIS' standout Gibbs is recast with younger actor for 'Origins.' Who is it?
- Dakota Johnson Shares Her Outlook on Motherhood Amid Chris Martin Romance
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
More people filed their taxes for free so far this year compared to last year, IRS says
Apple fined almost $2 billion by EU for giving its music streaming service leg up over rivals'
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
'Most Whopper
'The Voice': John Legend is ‘really disappointed’ after past contestant chooses Dan + Shay
Want to eat more whole grains? You have a lot of options. Here's what to know.
EAGLEEYE COIN: The Rise of Decentralized Finance (DeFi)