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- Apr 15, 2004
I have fond memories of toys r us
The boy action figure aisle and this aisle
Will be missed
The boy action figure aisle and this aisle
Will be missed
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Few years ago my pops decided to start over at 55. Had a kid with his new wife. They live in Orlando now, I'm in Atlanta. When I visit Lil man stays on the ipad smhthis aint how the future supposed to be
toys are supposed to be cooler now not abandoned altogether for youtube and apps
my kids gonna play with regular toys/action figures/cars/etc. along w the new stuff for as long as i can control it...i feel like it lowkey builds your creativity along w going outside
"Today marks the dawn of a new era at Toys"R"Us where we expect that the financial constraints that have held us back will be addressed in a lasting and effective way," said Dave Brandon, the company's chairman and CEO, said in a release announcing the filing.
"We are confident that these are the right steps to ensure that the iconic Toys"R"Us and Babies"R"Us brands live on for many generations," he added.
The toy seller also intends to seek protection in parallel proceedings for its Canadian subsidiary.
The company said it will continue to operate as usual its approximately 1,600 Toy R Us and Babies R Us stores around the world. The company's operations outside of the U.S. and Canada are not part of the protections proceedings, it said.
The retailer said that it has already received a commitment from some lenders, including a JPMorgan-led syndicate, for over $3 billion in debtor-in-possession financing. Although that's subject to court approval, Toys R Us said it "is expected to immediately improve the Company's financial health and support its ongoing operations during the court-supervised process."
Restructuring that debt would give Toys R Us the financial flexibility to continue its turnaround. Initiatives include improving its website and revamping its Babies R Us business, by focusing on items like cribs that are less likely than diapers to be sold on Amazon.
A bankruptcy filing will also help the retailer manage the the crucial holiday season and give vendors like Mattel and Hasbro clarity into its long-term plans.
I went to toys r us today to get my kid something (I had a gift card) while walking around I was thinking to myself "I wonder how long this place is going to stay in business for?" Then I came home and saw the news on Twitter.
Look around, I don't see kids playing with toys anymore. By 7-8 yrs old, they already got a laptop, iPhone, iPad.
Yall remember how it was when we were kids and they had a million toy commercials show like every hour? I feel like there are significantly less now.
Like toys are still popular, I still see kids I know play with them but it aint like before. They mostly want that tech. Got 6 year olds out here with cell phones and **** now.
Meanwhile I'm still out here playing with a rubik's cube and a gameboy color I don't wanna grow up, I'm a toysrus kid
Was at my boys house Sunday for the game & his son was playing with an OG power rangers action figure. The ones with the heads that could flip around and change from face to helmet. Thought it was crazy that after 20 years lil man was playing with that instead of somethings newer.