New York City — WHP Global, the parent company of Toys”R”Us, has formed a new partnership with leading travel retailer Duty Free Americas to open the first-ever Toys”R”Us airport store at Dallas-Fort Worth International Airport (DFW), the world’s second busiest airport. The Toys”R”Us store will be located in Terminal A, and is slated to open in time for holiday 2023. “We are excited that WHP Global selected us to introduce a new retail concept to the travel industry,” says Jerome Falic, CEO of Duty Free Americas. Travelers visiting the store …
Yehuda Shmidman
Columbus, Ohio, and New York City — Parent company of fashion apparel retailer Express, Inc., EXPR, and global brand management firm, WHP Global have entered a definitive agreement to acquire menswear brand Bonobos, Inc. from Walmart Inc., for a combined $75 million. This is the first acquisition to be made jointly by WHP Global and EXPR since finalizing their strategic partnership earlier this year. Bonobos, founded in 2007 and acquired by Walmart in 2017, distinguished itself in the menswear category based on product fit, customer experience and the innovative Guideshop …
New York City — WHP Global, a leading brand management firm and owner of Babies”R”Us®, has formed a new partnership with premier shopping and entertainment destination American Dream in Bergen County, N.J., to bring the Babies”R”Us brand back to customers in the U.S. with the debut of its flagship store, which is scheduled to open this summer. “Following the success of the Toys”R”Us flagship, which opened just over a year ago, we are thrilled to see Babies”R”Us back in the U.S. as part of the unparalleled retail experience that can …
New York — WHP Global, parent company of Toys”R”Us®, is gearing up for the grand opening of a new two-story Toys”R”Us flagship store inside American Dream, the unmatched entertainment/retail center in Bergen County, N.J. The first U.S. Toys”R”Us flagship store will feature a modern two-level retail concept that spans 20,000 square feet. The flagship will be reminiscent of the beloved toy store customers know and love, with interactive experiences and product demonstrations, and new branded elements like Geoffrey’s Café and ice cream parlor, two-story slide and more. Located within steps …
WHP Global Buys Controlling Stake in Toys ‘R’ Us Parent Company, Plans Partial U.S. Reopening
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 …