Toys retailer Toys R Us (ASX: TOY) has not had a playful history in Australia, having collapsed once in 2018, closing over 40 stores and laying off hundreds of employees. Then, it made a calculated comeback the very next year with the support of Hobby Warehouse (one of its largest shareholders), and in 2021, it
Read MoreAs young couples looked for ways to waste time through last year’s pandemic lockdowns, Funtastic (ASX: FUN) has identified an opportune time to relaunch the Babies”R”Us brand which has not been seen in Australia for three years. The relaunch comes after Funtastic secured Australian licences to operate the Toys”R”Us and Babies”R”Us brands in October 2020
Read MoreIt’s a strange world for children who can no longer spend hours browsing toys at Toys “R” Us following their store closures in 2018 but the way toys are marketed is set to get an overhaul with the $32.6 million acquisition of Hobby Warehouse, its brands, and 1 million subscribers by Funtastic (ASX: FUN). The
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