I bid farewell to Toys R Us back in June after the major retail store folded to the changing climate of toy shopping. It was a sad day indeed, especially for me because I got kicked out of the store for filming during my last trip to the place that supplied my childhood. I left with my head down, an aching heart, and one final toy which I really didn’t like because I had to pick it as I was being ushered by the manager…I knew that couldn’t be the way I split with a place that meant so much to me. And I was right.
(CBS News) The group, made up of secured lenders, said in a bankruptcy court filing Tuesday that it’s scrapping an auction for Toys R Us assets despite receiving a number of qualified bids.
The group now believes that it stands a better chance of a realizing a return on its investment by potentially reviving the toy chain, rather than selling it off for parts. The group will attempt to establish a “company that maintains existing global license agreements and can invest in and create new, domestic, retail operating businesses under the Toys “R” Us and Babies “R” Us names.”
The investors said they’ll work with potential partners to develop new ideas for stores in the U.S. and other countries “that could bring back these iconic brands in a new and re-imagined way.”
Hell to the yeah. You think Geoffrey was going to go down easy like that? No sir. That’s not the giraffe I knew. After a brief stint in the wrestling game, I’m glad he has the opportunity to get out of that business and back into the business of making people happy.
Not saying he wouldn’t have become a superstar in the ring, but he belongs in the store.
I’m very happy this is happening because nobody wants to grow up, we are Toys R us kids. I want my kids to be Toys R Us kids, not Amazon whores.
All we gotta do to save Toys R Us is invest a lot of money, reconfigure the entire structure of the business model, and regain the trust of a whole new generation. It’s easy! All they really need to do is sell juuls.
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