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Toys R Us to reopen some US stores in 2019: report

Toys R Us to reopen some US stores in 2019: report
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After closing all U.S. stores last year, Toys R Us is reportedly reopening some locations.

The toy chain is set to reopen about six U.S. locations and an e-commerce site before this holiday season, people familiar with the matter told Bloomberg.

The plans have not been released to the public, but the outlet reported that Richard Barry, a former Toys R Us executive who is now CEO of new entity Tru Kids Inc., pitched the reopening at an industry conference this week.

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The half-dozen locations would reportedly be a third of the size of the original outlets closed in 2018.

Sources told Bloomberg that they would likely have experiences like play areas as well.

Toys R Us was once the top toy store chain in the country, Bloomberg reported, generating about $7 billion a year in sales at more than 700 locations worldwide.

The company, however, had struggled in recent years as it attempted to pay off nearly $8 billion in debt.