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Flagship Stores

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business2 years ago

Toys 'R' Us Set to Open 24 Flagship Stores, Including Airports and Cruise Ships

Toys "R" Us, the iconic toy store chain that filed for bankruptcy in 2017, is planning a comeback by opening up to 24 flagship stores across the United States starting next year. The parent company, WHP Global, also announced plans to open Toys "R" Us shops in airports and on cruise ships through a partnership with Go! Retail Group. The first airport shop will open in November at Dallas-Fort Worth International Airport. The comeback attempt comes at a challenging time for brick-and-mortar stores, but nostalgia and tapping into the travel industry could potentially drive business for the new stores. However, they will face competition from online retailers like Amazon and big box stores like Walmart and Target.

via The New York Times|
#business#comeback#flagship-stores
business2 years ago

Toys 'R' Us Announces Brick-and-Mortar Comeback and Hot Toy List for 2023

Toys R Us is planning a comeback in the U.S. with up to 24 new flagship stores, as well as expansion into airports and cruise ships. The toy retailer's parent company, WHP Global, aims to open the new stores next year in partnership with Go! Retail Group, starting with an airport store in Dallas/Fort Worth International Airport. This expansion follows the acquisition of Toys R Us' parent company in 2021 and the opening of new stores at Macy's locations. The company plans to offer immersive shopping experiences in the new flagship stores, while also tapping into the travel retail market.

via CNBC|
#airport-and-cruise-retail#brick-and-mortar-comeback#business
business2 years ago

Kim Kardashian's SKIMS to Open First Stores and Drops Racy Faux Leather Bikini Ad.

Kim Kardashian's underwear label Skims plans to open its first permanent stores next year, starting with a flagship store in Los Angeles in the first half of 2024, followed by a second opening in New York. Skims began as a direct-to-consumer business in 2019, but it has since dabbled in physical retail through relationships with department stores such as Nordstrom Inc. and Saks Fifth Avenue. The company is looking to open at least four stores next year and speed up expansion once those are in place. Skims expects to achieve net sales of about $750 million in 2023, up from nearly $500 million last year, and is considering international flagships as well.

via Yahoo Finance|
#business#flagship-stores#kim-kardashian