In our daily comings and going’s, my family and I often drive past a now defunct Toys R Us store. Every single time we do, my seven-year-old son laments the toy store’s fate. He will often ask me why the store went out of business, and I’ll try to explain but it’s mostly because people like to shop online these days. But he’s a kid, and he doesn’t like to shop online. He likes to go to the store. Specifically, the toy store. More specifically, Toys R Us.
So, I think my little boy will be especially thrilled with the news I’m about to report:
Toys R Us is making a comeback.
That’s right, it was in the Wall Street Journal, so you know it must be at least mostly true. The WSJ reports that Toys R Us’ controlling lenders “intend to revive the business behind the Toys ‘R’ Us and Babies ‘R’ Us brand names.” Apparently, these lenders still see the value in the retail branch ofToys R Us because, the WSJ reports, their goal is to “create new, domestic, retail operating businesses” while maintaining its licensing of certain products worldwide, according to court documents filed Monday.
WOOHOO! Sort of.
