Smyths

Last updated

Smyths
Company type Private
IndustryToys
Founded23 December 1986;38 years ago (1986-12-23)
Claremorris, County Mayo, Ireland
Founders
  • Tony Smyth
  • Padraig Smyth
  • Liam Smyth
  • Thomas "Charles" Smyth
Headquarters,
Ireland
Number of locations
311 shops [1]
Area served
Products Toys
Video games
Revenue€2.49 billion [2]  (2023)
OwnerSmyth family [3]
Number of employees
7,985 [4]
Website smythstoys.com

Smyths is an Irish multinational chain provider of children's toys, games and entertainment products with over 300 shops throughout western and central Europe. The business is owned by the Smyth family. [5]

Contents

The company is headquartered in Galway, with other offices in Belfast and London.

The group's turnover reached €1.465 billion in pandemic-hit 2020 with the majority of sales coming from the UK market while in 2023 the group turnover exceeded €2 billion. [6]

History

Smyths started out as a family newsagent on Main Street, Claremorris, County Mayo in 1935. [7] [8] The newsagent's shop sold newspapers, cigarettes, groceries and toys. [9]

The business opened its first dedicated toy shop in 1986, in a basement unit off Eyre Square in Galway, when their main competitors in children's toy retailing were Dunnes Stores, Quinnsworth and Roches Stores. In 1988, it moved to a slightly larger unit on Eglinton Street in Galway. Finding it difficult to make a profit from a small unit, and being unable to find a suitable larger shop in Galway, the business moved to a 6,000 square-foot unit on Henry Street, Limerick in the late 1980s. [10]

In 1990, the business opened a second dedicated toy shop, in Woodquay in Galway, in a larger unit than its previous one on Eglinton Street. In 1992, it opened a 10,000 square-foot shop on Mayor Street, Cork. In 1994, it opened a 20,000 square-foot shop in Tallaght, Dublin and moved its Galway shop to a 7,000 square-foot unit in Galway Retail Park, which was later expanded to 14,000 square feet. It opened a large shop on Jervis Street, Dublin in 1997 and in Blanchardstown, Dublin in 1999, and a 7,000 square-foot shop in Bray, Co. Wicklow in June 2000. [11]

By 1999, the business had an annual turnover of IR£27 million. [12]

The original newsagent's shop in Claremorris remained in business under the Smyth's brand until late 2023. [13]

The company is run by three brothers, Tony, Padraig and Thomas Smyth. A fourth brother and director, Liam, died in July 2023. [14] Smyths is the UK and Ireland's largest toy retailer. [15]

Expansion to central Europe

On 24 April 2018, Smyths acquired Toys "R" Us shops in Germany, Austria, and Switzerland. [16] In 2019, all the remaining shops in those countries were rebranded to Smyths. [17]

In July 2022, Smyths acquired French toy chain PicWicToys  [ fr ] in France out of receivership, taking over 41 shops, 2 warehouses and a head office. [18] [19]

Shops and subsidiaries

Smyths shops by country
CountryNumber
of shops
Republic of Ireland21
Northern Ireland7
Great Britain124
Germany76
France52
Austria16
Switzerland11
Netherlands4
Total311

As of October 2025, Smyths operates 311 shops across 7 countries: 21 in the Republic of Ireland, 7 in Northern Ireland, 124 in Great Britain, 76 in Germany, 16 in Austria, 11 in Switzerland, 52 in France and 4 in the Netherlands. [20] [21] [22] [23]

References

  1. "Revenues at Smyths Toys UK arm increase to record £953.5m". RTÉ News. 6 October 2025. Retrieved 6 October 2025.
  2. Deegan, Gordon (26 November 2024). "Revenues at Smyths toys hit record €2.49bn". The Irish Times. Retrieved 27 November 2024.
  3. "Meet the Smyths, the Mayo family turning toy retailing into child's play". The Irish Times .
  4. Deegan, Gordon (26 November 2024). "Revenues at Smyths toys hit record €2.49bn". The Irish Times. Retrieved 27 November 2024.
  5. Kehoe, Ian (19 November 2023). "The march of Smyths Toys: Rewinding the week that was". The Currency. Retrieved 21 December 2023.
  6. "Toy giant Smyths sees group turnover hit €1.46bn". The Irish Times. Retrieved 31 October 2022.
  7. "Beloved Irish shop closing after 90 years as international legacy celebrated". 17 October 2023.
  8. "Smyths Toys Unlimited Company | Irish Legal & Business Services Company & Director Check". Solocheck. Retrieved 6 June 2017.
  9. Healy, Anne (6 December 2000). "Success of Galway-based toy shop chain shows family business is no child's play". The Irish Times. No. 45936.
  10. Healy, Anne (6 December 2000). "Success of Galway-based toy shop chain shows family business is no child's play". The Irish Times. No. 45936.
  11. Healy, Anne (6 December 2000). "Success of Galway-based toy shop chain shows family business is no child's play". The Irish Times. No. 45936.
  12. Healy, Anne (6 December 2000). "Success of Galway-based toy shop chain shows family business is no child's play". The Irish Times. No. 45936.
  13. "Beloved Irish shop closing after 90 years as international legacy celebrated". 17 October 2023.
  14. "Liam Smyth obituary: Founder of Smyths Toys and proud Mayo man". The Irish Times. Retrieved 31 December 2023.
  15. "Toy mega store for Rayleigh Weir", Essex Echo, 13 September 2008
  16. "Smyths Toys to buy Toys R Us in Germany, Austria and Switzerland". Irish Times . 21 April 2018. Retrieved 23 April 2018.
  17. Kurth, Luke (12 January 2019). "ToysRUs wird zu Smyth Toys: Die ersten Filialen tragen neue Namen". Stone Wars (in German). Retrieved 27 June 2019.
  18. "Smyths Toys acquires PicWic Toys". 6 July 2022.
  19. "Smyths acquires PicWic Toys as it expands into France". independent. 15 July 2022. Retrieved 17 November 2022.
  20. Deegan, Gordon (17 September 2018). "Smyths Toys' UK sales top half-billion mark for first time". Irish Independent. Retrieved 27 June 2019.
  21. "SMYTHS TOYS UK LIMITED - Overview". Companies House. Retrieved 27 June 2019.
  22. Anita (19 January 2023). "Breaking News: Smyths confirms store expansion in The Netherlands". Toy World Magazine | The business magazine with a passion for toys. Retrieved 11 November 2024.
  23. "Revenues at Smyths Toys UK arm increase to record £953.5m". RTÉ News. 6 October 2025. Retrieved 6 October 2025.