Founded in 1957, Toys R Us was, for a long time, the place to go for all your toy needs. They had the biggest toy brands, the newest releases, and even their own exclusive Toys R Us branded toys. Everything was going great until other retailers like Walmart, Target and Amazon eventually caught up with them, and Toys R Us lost a big chunk of their share in the toy space. This lead Toys R Us to eventually file for bankruptcy in 2017, which hit a lot of people by surprise.
However, not all hope is lost. There’s a good chance we’ll actually see a Toys R Us comeback in the near future. That's because just recently in October of 2018, the news was released that Toys R Us and the controlling lenders of the company canceled their plans to auction off the companies intellectual assets. In addition, by November of 2018, they’re planning to re-launch the brand with a few stores under the name Geoffrey’s Toy Box. They've also got more exciting things planned in the future which you can
read about in their press release. Also if you're interested, there are some remaining
Toys R Us products on Amazon that you can check out.
Oh, and if you’re in Canada, you can forget about all that stuff above. All of the Canadian Toys R Us stores were sold to a third-party and they’re up and running stronger than ever! You can visit
Toysrus.ca to view and order any of their products, or you can locate a store near you using their
store locator. Before you go shopping though, make sure to
check out your local Toys R Us flyer to find savings and promotional information.