Is Toys "R" Us Coming Back?!
We were all heartbroken that Toys "R" Us stores closed across the country. I mean, we grew up going to Toys "R" Us, so the news was sad. But now there's hope that the stores could be making a comeback.
The Toys “R” Us and Babies “R” Us brand names could be revived by the hedge fund group that's set to take control of the retailers. According to the Wall Street Journal...
In court papers filed at the beginning of this week, the retailer opted not to go through with a bankruptcy auction for its brand name and other intellectual-property assets. The court papers said Toys “R” Us could see a new company that "can invest in and create new, domestic, retail operating businesses.”
So, fingers crossed, Toys "R" Us could be coming back!