It’s the iconic toy store we grew up with, and now Toy ‘R’ US is set to make a big return to the British High Street.
In 2018, shoppers were gutted when all of the 100 stores across the UK were forced to close as a result of the business collapsing and failing to find a buyer to save the shops.
In a statement at the time, Simon Thomas, at Moorfields, said: “We have made every effort to secure a buyer for all or part of the Company’s business. This process attracted some interest, but ultimately no party has been able to move forward with a formal bid prior to the expiration of the stated deadline.”
Over 2,000 UK employees were consequently made redundant due to the store closures.
Although the UK side of the company collapsed, Toys ‘R’ Us continued business in 900 stores across 25 countries.
But now, Toy ‘R’ US is set to rise from the dead with owner WHP Global signing an agreement with Toys ‘R’ Us Australia who will take on the brand’s sensational UK relaunch, The Daily Mirror reported.
Earlier this year, WHP Global acquired a controlling interest in Tru Kids - the parent company of Toys ‘R’ Us and Babies ‘R’ Us.
Over the next several months, under the New York-based brand acquisition and management firm, the UK return will begin with online sales that will operate from Australia to begin with.
A return to “physical retail” in the UK is expected from 2022, along with online shopping.
Yehuda Shmidman, the chairman of WHP Global and Toys ‘R’ Us, said: “Toys ‘R’ Us today is a vibrant business with over 900 stores and e-commerce sites across 25-plus countries generating over US$2 billion a year in sales and growing, especially with the new launches underway for both the US and UK markets.”
Louis Mittoni, boss of Toys ‘R’ Us ANZ, said: “My team and I are looking forward to developing technical and commercial relationships with UK-based vendors and partners and to engage with the many loyal Toys ‘R’ Us former customers and fans in the UK.”
As the UK stores first opened back in 1985, Toys ‘R’ Us has been part of millions of British childhoods over the years.
So understandably, fans of the shop were ecstatic to hear that the chain was making a big comeback.
MY CHILDHOOD IS COMING BACK https://t.co/2K7tLIfZ1y— ❀Pastel❀ 💚💗 (@❀Pastel❀ 💚💗) 1635518088
I will absolutely sob if they bring it back https://t.co/x8wQdpUo7z— crying till 2024 (@crying till 2024) 1635507318
nature is healing https://t.co/q1ZLjQsBuN— hols! ⭐️ (@hols! ⭐️) 1635505237
what great news https://t.co/pl6i99lGBm— holly (@holly) 1635463815
me and the boys rocking up to Toys R Us: https://t.co/yoP2riDLN9 https://t.co/LGTRioK4X1— 🦦🔪 - WATCHED SCREAM 5 🩸 (@🦦🔪 - WATCHED SCREAM 5 🩸) 1635462782
this makes me so happy https://t.co/MA1pd15dnZ— shar (@shar) 1635552299
The world hasn’t been the same since they left https://t.co/ACer94RpYn— 👻 (@👻) 1635459451
It seems the excitement was all too much for some, who are keen to get back into the toy store this Christmas (sadly, the UK store revival isn’t on the cards until next year - next Christmas, perhaps?).
OMG now I know where my grown ass is shopping for Christmas https://t.co/fEiPsl791o— Asveni (@Asveni) 1635470035
🥳🥳🥳🥳 guess where i’m taking my grown ass too this christmas https://t.co/bFANdXyiWr— bobrisky’s bestie🇳🇬 (@bobrisky’s bestie🇳🇬) 1635463216
While others couldn’t quite believe it had been four years since the toy store’s closure.
Damn it's been 4 years https://t.co/rezQB1ffpk— bel (@bel) 1635460390
Can’t Believe That After 4 Years Toys R Us Is Coming Back To The UK This Is Gonna Be Interesting— Ian Thom (@Ian Thom) 1635536636
the craziest thing about this is the fact it’s been FOUR YEARS https://t.co/12tVdeKnDm— jase (@jase) 1635451911
Fuck off has it been 4 years - it's been 18 months at the most! https://t.co/uL2FbVAYk3— David K 🕯️ Halfway out of the Dark 🎇 (@David K 🕯️ Halfway out of the Dark 🎇) 1635449859
Elsewhere, the big comeback of Toys ‘R’ Us has got people thinking about what other stores they would like to see return to the British High Street - and Woolworths was a popular request.
As if Toys ‘R’ us is coming back, that’s mega. All I need now is Woolworths to a return and I’ll be able to say t… https://t.co/JzJji610p4— alexandra (@alexandra) 1635539722
Pleased to see Toys R Us will be back in the highstreet. Woolworths next?— Dr Marina Soltan (@Dr Marina Soltan) 1635506874
Can't believe Toys R Us is potentially coming back, all we need now is Woolworths to do the same!— Eleanor Raven (@Eleanor Raven) 1635502574
If Toys'R'Us can make a come back, maybe Woolworths can too??— Rebecca (@Rebecca) 1635464468
Can Woolworths and its pick’n’mix come back next please https://t.co/RmHrRhnPZW— richard (@richard) 1635459383
By next Christmas we could be browsing the toy shelves once more and listening to the famous advert jingle on our screen - watch this space.