Toys R Us to reopen stores in USA later this year

A 'Going Out Of Business' sign is displayed outside a Toys 'R' Us store

A 'Going Out Of Business' sign is displayed outside a Toys 'R' Us store

Before the holiday season is upon us, Toys R Us could once again open its doors.

The stores are slated to be about 10,000 square feet, roughly a third of the size of the brand's big-box outlets that closed previous year, the people said. The franchise, which shuttered its US operations in 2018, is reportedly set to return with plans for six 10,000 sq. ft. stores that will be a mix of store shelves and play areas.

At 10,000 square feet, the new stores will only be about a third of the size of the old ones.

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New locations will reportedly include play areas and different experiences for kids.

To reduce costs, the stores may use a consignment inventory model, where toymakers ship the items but don't get paid until the consumers buy them.

The reincarnated Toys R Us project is being led by former company executive Richard Barry who is now the CEO of Tru Kids Inc.

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