Find in the news:
BY COUNTRY

Toys 'R' Us will open 750 shops in Macy's department stores



Toys 'R' Us and Macy's are expanding expansion in a major partnership.
Toys R Us

WHP Global, owner of Toys 'R' Us since 2021, has signed a new partnership agreement with department store chain Macy's. According to the signed agreement, the iconic retailer's children's toy stores will appear in all of the chain's department stores.

Macy's and WHP Global announced the partnership last year, opening shop-in-shop format stores in major cities across the country. To date, stores are operating in flagship department stores in New York, Chicago, Atlanta and Miami.

Macy's Herald Square

Beginning in late July and continuing through mid-October, the partners plan to roll out the retail chain in time for the holiday shopping season. Toys 'R' Us will open at Macy's in formats ranging from 1,000 to 10,000 square feet.

WHP Global was originally expected to open about 400 stores during the year. But the new agreement assumes that the retailer will be able to lease space in all 750 Macy's department stores, greatly increasing its presence in the U.S. market.

For such a brand with a long history, this is indeed a significant step forward since the chain was liquidated in bankruptcy in 2018. Under the new partnership, Macy's will provide merchandising for the store-in-store format, while Toys 'R' Us will be responsible for customer service.

Toys R Us - Depositphotos

Macy's noted that "customer response to the partnership with Toys R Us has been incredible and the toy business has seen tremendous growth." In the first quarter of 2022, in-store toy sales doubled on average and tripled in the fourth quarter.

Although Toys 'R' Us leases significantly less space today than in years past, it could theoretically be expanded by another 500 to 3,000 square feet by the holidays. Macy's is also planning a series of holiday events in October with "family friendly activities" and toy giveaways to attract even more customers to Toys 'R' Us stores.

More about shopping malls in the USA



YESTERDAY, USA:
Canadian commercial real estate owner and mall developer Triple Five has defaulted on an $8.8 million payment on American Dream debt.
Aug 5, 2022, India:
Reliance Brands has signed an exclusive agreement with Kering Group.
Aug 4, 2022:
Luxury fashion house announced the opening of a menswear pop-up store in Beverly Hills.
Aug 3, 2022, USA:
The deal could amount to more than $3 billion.
Aug 2, 2022, United Kingdom:
Britons are significantly overpaying for products from European brands.
Aug 1, 2022, USA:
The first "General Store by Walmart" will open in August at Getaway Hill Country in Wimberley, Texas.
Friend
and Follow
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us