Toys ‘R’ Us is comin’ back, baby!
As you know… Toys ‘R’ Us closed all United States locations in June as part of a bankruptcy liquidation. However, the owners of the company’s remaining assets are looking to re-start the once-thriving toy retailer along with the Babies ‘R’ Us brand. Up to this point, the names were on the chopping block to be auctioned off to someone else.
There was plenty of interest… in the auction, but that doesn’t mean the store would be restored to its old glory. Instead, some evil company looking to destroy the remnants of your childhood would buy the name to ensure it would never be used by a competitor ever again. However, today marks encouraging news for the brand to come back.
They filed for bankruptcy… just a year ago and had plans to reorganize the business and pay off debt. However, a less-than-merry holiday season forced the company to close its remaining 800 US stores and go out of business. But now there are plans to create “a new, operating Toys ‘R’ Us and Babies ‘R’ Us branding company.” And if this doesn’t brighten your day, then there is something wrong with you.