Bloomberg has officially confirmed that Toys ‘R’ Us, the once bankrupted retail chain will return this 2019 holiday season.
From CEO, Richard Barry:
The stores are slated to be about 10,000-square feet, roughly a third of the size of the brand’s big-box outlets that closed last year, the people said. The locations will also have more experiences, like play areas. The startup costs could be minimized with a consignment inventory model in which toymakers ship goods but don’t get paid until consumers buy them, some of the people said.
The chain has reported already signed up MGA Entertainment Inc. as a partner.