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New Toys ‘R’ Us Owners Said to Mull Physical Stores in 2019 (1)

Nov. 2, 2018, 2:19 PM

The hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.

Solus Alternative Asset Management and Angelo Gordon will look to raise capital to help revive the chain, which closed its last stores at the end of June, and are making plans that include brick-and-mortar locations, the people said.

Geoffrey’s Toy Box
Source: Kroger

Before opening their own establishments, the funds are partnering with Kroger Co., the largest grocery store operator in the U.S., to create pop-up sections named Geoffrey’s Toy Box in about ...