NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Toys"R"Us ANZ Limited (ASX: TOY) (TOY or the Company) and WHP Global ("WHP"), the parent company of Toys"R"Us® and Babies"R"Us® today announced they have signed a landmark long-term exclusive licence agreement for Toys"R"Us ANZ to run digital and physical retail commerce for Toys"R"Us® and Babies"R"Us® in the United Kingdom.
- Since Toys"R"Us' return to Australia in June 2019, we have scaled quickly as customers returned to the much-loved brand and our e-commerce model has proven its success.
- This includes an initial AU$2 million investment in Autonomous Mobile Robot (AMR) technology to increase capacity and efficiency.
- TOY delivered strong results for the fourth financial quarter despite the relocation of warehouses between 22 July to 12 August.
- 3The NPD Group, Toys and games bring fun to the UK in a Challenging 2020, 14 January 2021.