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Toys R Us

Newsretailers

Toys “R” Us to Open In-Store Shops at Macy’s Locations Across the U.S.

by Katie Lee

New York City — Macy’s has announced a partnership with WHP Global to open Toys “R” Us in-store shops within all of its locations across the U.S. Toys “R” Us stores will range from 1,000 to 10,000 square feet and are set to open from late July through October 15. Each location will feature colorful fixtures, demonstration tables for customers to interact with toys, and a “Geoffrey on a Bench” photo opportunity for families. The in-store shops may also grow by an additional 500 to 3,000 square feet during the …

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Newspeopleretailers

The Cato Corporation’s CFO to Retire; Successor Named

by Katie Lee

Charlotte, N.C. — John R. Howe, executive vice president and chief financial officer of The Cato Corporation, plans to retire on January 17, 2022 following 35 years of service with the company. He will remain employed with Cato through May 1, 2022 to assist with the transition. Chuck Knight will succeed Howe as executive vice president and chief financial officer, effective January 17, 2022. He joins the company following previous service with The Vitamin Shoppe, first as senior vice president, chief accounting officer, and then as executive vice president, chief …

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construction and designNewsretailers

FRONTIER Building Completes New Burlington Store Near Miami

by Katie Lee

Miami — FRONTIER Building, an experience-focused national general construction, construction management and design-build contractor, has completed the construction of the new Burlington in Doral, Fla., near Miami International Mall. The project is part of a redevelopment of a Toys “R” Us and Babies “R” Us stores that will also include a future Total Wine & More. FRONTIER demolished and redesigned the existing façade entry for the new Burlington, as well as managed the interior buildout of the more than 42,000-square-foot department store. FRONTIER also added 258 new parking spaces. “We’re …

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Newsretailers

WHP Global Buys Controlling Stake in Toys ‘R’ Us Parent Company, Plans Partial U.S. Reopening

by Katie Lee

New York City — WHP Global, a New York City-based firm that acquires global consumer brands, has purchased a controlling stake in Tru Kids Inc., the parent company of Toys ‘R’ Us. WHP Global joins a group of institutional shareholders that includes funds managed by Solus Alternative Asset Management and Ares Management Corp. Going forward, WHP will manage Tru Kids’ global business and direct its strategic expansion, which according to CNBC will include the reopening of some U.S. stores. Neither the network nor the companies involved in the deal specified …

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