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Toys R Us closes final stores Friday

01 July, 2018, 10:29 | Author: Kristi Dunn
  • Today Is the Day Every Last Toys R Us Store Closes

The nationwide shutdown of Toys "R" Us has left a $11 billion market void.

On Friday, 700 Toys "R" Us stores will close for good.

The toy giant filed for bankruptcy in September 2017 and announced liquidation sales shortly after, CBS New York reports.

As Toys "R" Us Inc stores across the United States marked their final day in business on Friday, the bankrupt toy retailer posted a farewell message to customers on its website next to an image of its iconic Geoffrey the Giraffe mascot thanking them and urging them to "Play on!" Promise us just this one thing: Don't ever grow up.

Earlier this year in March, the company announced it will close all remaining 700 stores in the USA after filing for Chapter 11 bankruptcy in September last year and struggling to find a buyer. The 900-store retail chain will also expand its online toy assortments, Harrison added.

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This isn't the first time the toy shop has seen a random act of kindness; in December past year, two anonymous "secret Santas" went in and paid off $10,000 (£7,570) in layaway toys.

Shared on Facebook by Rene Johnpiere, presumably a Toys 'R Us employee, Geoffrey looks straight-up sad.

So, it would seem those discussions have progressed far enough for Toys "R" Us to some hope to fans through that initial post.

The toy manufacturer filed for bankruptcy late previous year but did not succeed in turning its fortunes around and in January it announced it would close 182 stores across the U.S.

Jacob Rabon IV tweeted two of the photos with the caption: 'I can't believe childhood is cancelled'.

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