End of an era: Toys 'R' Us stores close for good


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

Toys R Us' remaining stores closed on Friday, June 29.

The chain is closing its doors after filing for bankruptcy last September.

By the end of the day Friday all Toys R Us and Babies R Us stores across the USA will be closed for good.

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"One day, all of us will get separated from each other".

Earlier this year in March, the company announced it will close all remaining 700 stores in the us after filing for Chapter 11 bankruptcy in September last year and struggling to find a buyer.

However, according to Newsweek, Toys R Us will continue to operate stores outside of the United States and Canada.

"He visited us in New Jersey just previous year and we will forever be grateful for his positive energy, passion for the customer and love for children everywhere".

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In 1965, Geoffrey the giraffe became the company's mascot, appearing in his first TV commercial in 1973.

After more than 60 years in business, the industry giant is the latest casualty in the ongoing demise of brick-and-mortar retail stores as more and more shoppers turn to online retailers and big-box stores like Walmart and Target that offer one-stop shopping destinations.

A man reportedly bought upwards of $1 million of toys from the now-defunct Toys "R" Us stores in North Carolina, our sister station WTVD confirmed.

The extreme measure was not enough to keep the company afloat and in March it announced it had entered liquidation, with the closure set to leave thousands of workers unemployed as a result. "I was surrounded by children".

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