– Opens Fifth Toys“R”Us® store in India at Mall of Dehradun
Dehradun, October 08, 2024: ace turtle, India’s leading technology-native retail company today announced the launch of India’s fifth Toys“R”Us® store at Mall of Dehradun in Uttarakhand. This marks a significant step in ace turtle’s strategic plan to expand Toys”R”Us presence in India, with a commitment to launching 12 stores in 2024. Toys“R”Us® currently has five operational stores in the country, which includes the retail store in Hyderabad, that marked the return of the brand to India last year, the flagship store in Mumbai and two retail stores in Bengaluru.
Located in the bustling Mall of Dehradun, the new store, sprawling across 6,000 sq. ft, offers a seamless toy shopping experience by offering convenience and accessibility to children and families. The store offers an extensive collection of top international brands such as LEGO, Hasbro, Mattel, alongside popular Indian brands like Playshifu, Funskool and Winmagic. Children of all ages can experience the magic of playing with interactive elements throughout the store, click pictures with Geoffrey the Giraffe, and enjoy top toy brands.
Commenting on the launch, Nitin Chhabra, CEO of ace turtle, said, “We are excited to introduce Toys“R”Us® to Dehradun with the opening of our new store at Mall of Dehradun. This expansive store is more than just a shopping destination; it’s a complete recreational hub for children and families, offering a diverse range of toys that appeal to all interests and age groups. We are bringing the iconic Toys“R”Us® shopping experience, a global standard for over 70 years, to India. With the rapidly growing customer base, we see immense potential in organized toy retail here. Our expansion of Toys“R”Us® will also support the Government of India’s ‘Make in India’ initiative by boosting toy manufacturing within the country.”
Expressing his delight, Abhishek Bansal, Executive Director, Pacific Group said, “The Mall of Dehradun is thrilled to welcome the first Toys“R”Us® store in Dehradun. This iconic brand offers a world-class shopping experience for children and families, and we are confident it will quickly become a favourite destination for both kids and parents. This collaboration perfectly aligns with our commitment to offering diverse and engaging options for our patrons, further enhancing the vibrancy and appeal of the mall.”
In June 2021, ace turtle entered a joint venture with the Flipkart Group’s Wholesale Entity in India to acquire the license of Toys“R”Us® in India. In March 2023, ace turtle unveiled India’s first Toys“R”Us® retail store in Hyderabad which has received phenomenal response from customers. In December 2023, ace turtle launched the flagship store of Toys“R”Us® at Linking Road in Mumbai which is India’s largest high-street toy store. Subsequently, ace turtle launched two large Toys“R”Us® in Bengaluru. Additionally, customers across India have been shopping for their favourite toys from the online store www.toysrus.in, Flipkart and Myntra.
About Toys“R”Us®:
Toys“R”Us® is a global leader in the toy category celebrating the joys of childhood and play with kids of all ages for more than 70 years. Geoffrey the Giraffe™, the beloved mascot of Toys“R”Us®, is adored by millions of kids and their families around the world. The brand generates more than USD$2 billion in global retail sales annually through 1,400+ stores and e-commerce businesses in 32 countries. Toys“R”Us® is owned by WHP Global, a leading brand management firm with a portfolio of consumer brands that generate over USD$7 billion in retail sales.
About ace turtle:
ace turtle, new India’s leading tech-native retail company is spearheading the retail industry’s next phase of transformation. The company is vertically integrated from design, local manufacturing and marketing to reach consumers directly. ace turtle is powered by its proprietary technology which uses data science from design to fulfilment to meet ever-evolving consumer expectations. Bengaluru-based ace turtle is the exclusive licensee of iconic global brands Lee®, Wrangler®, Toys“R”Us®, Babies“R”Us® and Dockers® for India and other South Asian markets.