Toys’R’Us Files For Chapter 11 Bankruptcy Protection

 

Although the writing has been on the wall for years, recent days brought word that Toys’R’Us was considering filing for Chapter 11 bankruptcy protection. Last night, word came through that this decision has been finalized. From Bloomberg:

Toys “R” Us Inc., the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers, filed for bankruptcy thanks to a crushing debt load from a previous buyout and relentless competition from warehouse and online retailers.

The bankruptcy filing is the latest blow to a brick-and-mortar retail industry reeling from store closures, sluggish mall traffic and the gravitational pull of Amazon.com Inc., which has revolutionized the way people consume with affordable online offerings and global home delivery service.

A dozen-plus major retailers have filed for creditor protection this year, including Payless Inc., Gymboree Corp. and Perfumania Holdings Inc., all of which are using the Chapter 11 process to close underperforming stores and expand online operations.

What will the future hold for TRU after this financial restructuring? Only time will tell. What are your thoughts on the filing? Sound off on the Cobra Island Forums

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SDCC 2015 Cobra Island News Round Up

San Diego Comic Con 2015 comes to an end today, but WOW, what a week it was! Regardless of what makes you “geek out”, there was something for everyone at this years event and the excitement level is OVER 9000!

Here’s a re-cap of the news we’ve covered over the course of SDCC 2015, separating SDCC news from “Regular” updates. Check it out –

SDCC 2015 News

  • [url=http://cobraisland.com/kit-lau-at-san-diego-comic-con]SDCC 2015 – Kit Lau & Acid Rain At San Diego Comic Con![/url]
  • [url=http://cobraisland.com/toysrus-com-sddc-exclusive-available-now]SDCC 2015 – Toys’R’Us Exclusive G.I.Joe 50th Anniversary Desert Duel Now Available![/url]
  • [url=http://cobraisland.com/six-issue-street-fighterjoe-crossover-coming-in-2016]SDCC 2015 – Six Issue Street Fighter vs G.I.Joe Crossover from IDW Publishing![/url]
  • [url=http://cobraisland.com/acid-rain-world-display-at-san-diego-comic-con]SDCC 2015 – Acid Rain World Display at San Diego Comic Con![/url]
  • [url=http://cobraisland.com/ubisofts-toy-soldiers-war-chest-at-sdcc]SDCC 2015 – Ubisofts Toy Soldiers: War Chest at SDCC![/url]
  • [url=http://cobraisland.com/bait-shows-off-joe-merchandise-at-sdcc]SDCC 2015 – BAIT shows of G.I.Joe Merchandise at SDCC 2015![/url]

G.I.Joe & Modern Era Action Figure News

  • [url=http://cobraisland.com/new-g-i-joe-50th-anniversary-assortment-available-at-bigbadtoystore]New G.I.Joe 50th Anniversary Assortment Now Available at BigBadToyStore![/url]
  • [url=http://cobraisland.com/g-i-joe-club-figure-subscription-4-bullhorn-preview]G.I.Joe Club Figure Subscription Service 4 Bullhorn Preview[/url]
  • [url=http://cobraisland.com/the-loyal-subjects-g-i-joe-blowtorch-revealed]The Loyal Subjects Blowtorch Revealed[/url]
  • [url=http://cobraisland.com/acid-rain-world-updates]Acid Rain World Instagram Updates Including Playing Cards![/url]
  • [url=http://cobraisland.com/taskforce-lowlight]Custom G.I.Joe Taskforce Lowlight![/url]
  • [url=http://cobraisland.com/tiger-force-sneak-peek]G.I.Joe Club FSS 4 Tiger Force Sneak Peek Preview[/url]
  • [url=http://cobraisland.com/interview-with-brick-brother-michael-pullano]Hasbro Pulse Inteview with “Brick Brother” Michael Pullano[/url]
  • [url=http://cobraisland.com/fss-4-0-cobra-ice-ninja-reveal]G.I.Joe Club FSS 4 Ice Ninja Night Creeper Preview[/url]
  • [url=http://cobraisland.com/loyal-subjects-make-an-impact-with-wave-2-reveals]The Loyal Subjects G.I.Joe Action Vinyls Wave 2 Reveals[/url]
  • [url=http://cobraisland.com/g-i-joe-body-count-available-on-kindle-worlds]G.I.Joe: Body Count Available on Kindle Worlds![/url]
  • [url=http://cobraisland.com/more-photos-of-sofi]More Photos of Acid Rain World Sofi[/url]
  • [url=http://cobraisland.com/g-i-joe-club-figure-subscription-service-4-billy-arboc-preview]G.I.Joe Club FSS 4 Billy Arboc Preview[/url]
  • [url=http://cobraisland.com/more-acid-rain-world-test-shots]More Acid Rain World Soil Ghost Test Shot Images![/url]
  • [url=http://cobraisland.com/amazing-heroes-update]Amazing Heroes Toy Line Update[/url]

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Happy Birthday To Mr. Larry Hama!

We couldn’t let the day pass by without wishing a heartfelt Happy Birthday to the man who helped shape many of our imaginations, that man being none other than Mr. Larry Hama! Larry’s career is chock full of accomplishments. Here’s a brief passage from his [url=http://en.wikipedia.org/wiki/Larry_Hama]Wiki Page[/url] –

Larry Hama (born June 7, 1949) is an American comic book writer, artist, actor and musician who has worked in the fields of entertainment and publishing since the 1960s.

During the 1970s, he was seen in minor roles on the TV shows M*A*S*H and Saturday Night Live, and appeared on Broadway in two roles in the original 1976 production of Stephen Sondheim‘s Pacific Overtures.

He is best known to American comic book readers as a writer and editor for Marvel Comics, where he wrote the licensed comic book series G.I. Joe: A Real American Hero, based on the Hasbro toyline. He has also written for the series Wolverine, Nth Man: the Ultimate Ninja, and Elektra. He created the character Bucky O’Hare, which was developed into a comic book, a toy line and television cartoon. He currently writes for IDW Publishing, working on the continuing stories of G.I.Joe A Real American Hero.

On behalf of everyone here at CobraIsland.com, we wish you a very Happy Birthday, Mr. Hama! Yo Joe!

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Wordburglars RAP VIPER T Shirt Now Available For Pre Order!

It’s the RAP-VIPER by Wordburglar! Everybody’s favourite sonic-fighter is immortalized in this fresh, original new t-shirt design by comic book artist extraordinaire Kody Peters. Don’t get caught off the island without one! Available in a striking red logo on your choice of either a blue or black, high-quality American Apparel t-shirt. Get ’em before they’re gone! You can get yours here –

[url=http://teespring.com/wordburglar]RAP-VIPER by Word Burglar[/url]

 

In case you haven’t yet, make sure to [url=http://propsdept.bandcamp.com/album/welcome-to-cobra-island-free-download-2]check out the album[/url] and share your thoughts after the jump here with burg himself!

 

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New Geewunner Lego Mobile Action Command Base And Fast Attack Boat 2.0!

[url=http://geewunner.com]Geewunner[/url] has posted an image for an upcoming set that is sure to please Building Block Fans! The Mobile Action Combat Base and Fast Attack Boat 2.0 are listed as coming our way May 2015! The “Not TTBP” and “Not Devilfish” are fantastic representation of their A Real American Hero counterparts. For those of you … Read more

New Marauder Gun Runner Kickstarter Campaign 1 12 Scale Gear For 6 Inch Action Figures

Our friends at [url=http://www.marauderinc.com]Marauder Inc[/url] have just launched a new [url=https://www.kickstarter.com/projects/1732159183/marauder-gr-1-12-scale-gear-for-6-inch-action-figu]Kickstarter Campaign[/url]. This time around, Marauder GR’s focus is on 1:12 Scale Gear for your 6 Inch Action Figures! Coming off of their highly successful [url=https://www.kickstarter.com/projects/1732159183/marauder-task-force-gaming-figures]Marauder Task Force Gaming Figures Kickstarter[/url], this new event is sure to please fans of the 6″ action figure scale. … Read more

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