Toys R Us

Toys R Us

Toys R Us has CANCELLED their bankruptcy auction, could this mean a comeback?

Is Geoffrey the Giraffe returning to us?!

October 3, 2018
Categories: 

We could possibly see the return of everyones favorite toy store after Toys R Us cancelled their bankruptcy auction and lenders presented a plan to revive the brand!

The company closed its doors for the last time on June 29, 2018. The brand was going up for auction, however this past monday lenders presented a plan to revive the brand that would "allow the company to relaunch a retail business using those assets" according to the court filings.    

People instantly took to Twitter to show their excitement.

 

So now the questions rise, will they be re-opening the previously closed stores? Will they be as big as before or only open a few stores? Will they open any stores at all or be strictly online?

Only time will tell, all we can say is we are excited that the lenders decided the brand was to valuable to give up.