Toys ‘R’ Us back… sort-of…
Tru Kids, the owner of the Toys ‘R’ Us brand is “bringing back the Toys ‘R’ Us brand in a modern way through a strong experiential and content-rich omnichannel concept,” Richard Barry, CEO of Tru Kids, said in a statement.
Learning from its prior mistakes of not embracing technology and a digital transformation, this relaunch is purely digital and content-focused in nature, partnering with Target and Candytopia to help with ecommerce and real-life, memorable experiences.
Dubbed “The Toys R Us Adventure,” the company partnered with Candytopia to create the experiential pop-ups in Chicago and Atlanta and feature more than a dozen interactive play rooms, larger-than-life toys, and installations featuring Geoffrey, the brand’s giraffe mascot.
Why it’s hot: Toys ‘R’ Us’ was the poster child for death by tech, with its rejection of ecommerce and digital transformation. Now the company is trying to show everyone it can learn from its mistakes. The question is, will the nostalgia of Toys ‘R’ Us be enough to drive expensive experiential store visits. It’ll be interesting to see if this attempt at jumping into the digital deep end will have a happy ending. If it does work, will we start seeing the return of other brands who failed to innovate? Blockbuster Video? Tower Records?