IS TOYS R US BACK IN BUSINESS?
TOYS R US IS WORKING ON COMING BACK BEFORE THE HOLIDAYS!
The History of Toys R Us:
Toys R US was founded in 1957 but sadly last year we watched them close all 735 of their stores.  Toys R Us had nearly 3100 employees but with 7.9billion dollars in debt there was no way for them to continue. More info on Toys R Us closing here.
Here is what we found about Toys R Us coming back in 2019:
Richard Barry, president and CEO of Tru Kids, said in a statement. “We have an incredible team focused on bringing Toys”R”Us and Babies”R”Us back in a completely new and reimagined way, so the U.S. doesn’t have to go through another holiday without these beloved brands.” Because he said “doesn’t have to go through another Holiday” we think they will start to reappear here in 2019! There were talk of a dozen investors in buying the name and brand of Toys R Us and after a lot of research we think it can be one of two thinks. Current CEO Richard Barry has partnered to re-invent the outdated marketing and business of Toys R Us (which he has talked about a few times) or investors will pursue major names and own them to make sure that that brand can never come back! Only time will tell!