Last updated
    Toys "R" Us
    toy retail

    Toys "R" Us

    Jersey flagJersey
    Founded April 1948 Wayne, New Jersey CEO: David Brandon
    Community

    About

    Charles Lazarus opened a small furniture shop in Washington, D.C. in April 1948, but the business quickly pivoted to become the world's most recognizable toy destination. By June 1957, he rebranded Children's Supermart as Toys "R" Us, creating a retail model that would dominate American shopping malls for decades. The company grew steadily through the 1970s and exploded during the 1980s, eventually opening international branches in Canada and Britain by the mid-1980s.

    The brand faced a significant turning point in 2017 when it filed for bankruptcy and dissolved its original corporate structure. A consortium including Bain Capital, WHP Global, and KKR acquired the intellectual property rights, launching a new licensing strategy that partnered with major retailers like Amazon, Walmart, and Target. This shift allowed the heritage name to survive while adapting to a market dominated by e-commerce giants.

    In late 2026, Toys "R" Us executed a major comeback plan by announcing plans to open 120 new standalone stores across the United States specifically timed for the holiday season. David Brandon serves as the CEO leading these revitalization efforts, which focus on expanding product offerings and digital presence. The company now operates primarily through this hybrid model of licensed locations and direct-to-consumer e-commerce at toysrus.com.

    Products & Sub-brands

    action figuresdollsbuilding blockslearning gamesoutdoor toysseasonal itemseducational tools

    Frequently Asked Questions

    Is Toys "R" Us still in business?
    Yes, Toys "R" Us is actively operating and expanding, having recently announced the opening of 120 new standalone U.S. stores in September 2026 to coincide with the holiday season.
    Who owns Toys "R" Us now?
    The brand is currently owned by a consortium consisting of Bain Capital, WHP Global, and KKR, who acquired the intellectual property and rights following the company's 2017 bankruptcy.
    Where are Toys "R" Us stores located?
    Following a period of reliance on licensed locations within other retailers, the brand is returning to standalone stores, with a major expansion of 120 new locations planned for the U.S. in late 2026.
    Who is the CEO of Toys "R" Us?
    David Brandon serves as the Chief Executive Officer, overseeing the brand's strategic revival and physical expansion efforts in the post-bankruptcy era.
    What products does Toys "R" Us sell?
    The retailer offers a wide variety of toys and games for all ages, including action figures, dolls, building sets, educational learning tools, and seasonal gifts, available both online and in their new standalone stores.

    Keywords

    toy retailerretail historychildhood nostalgiastore expansionlicensing model

    Sources

    Company Info

    Founded
    April 1948
    Founder
    Charles Lazarus
    CEO
    David Brandon
    Headquarters
    Wayne, New Jersey
    Industry
    toy retail
    Parent Company
    Bain Capital, WHP Global, KKR
    Bankruptcy Year
    2017
    New Stores Planned (2026)
    120

    Official Website

    www.toysrus.com/

    Join the community

    fans discussing