Toys ‘R’ Us Is Sold Again as WHP Global Takes Controlling Stake

Toys “R” Us has a new owner as the retailer that once dominated the market for children’s playthings seeks a path back to relevancy.

WHP Global will take a controlling stake in Tru Kids Inc., an entity that acquired the brand’s intellectual property during the retail giant’s 2018 liquidation. The buyer will manage the business and “direct its strategic expansion,” according to a statement Monday. Financial details weren’t disclosed.