The end of an era. We grew up with Toys”R”Us, so the news of it closing its doors for good feels like saying goodbye to an old friend.
Just a week ago, we brought you word that Toys ‘R’ Us Is Prepping to Liquidate Its U.S. Operations. Now, the news that many of us have been dreading to hear…Toys ‘R’ Us is prepping to shut down operations. So many fond memories will be left behind – Finding new joes in the aisle, Geoffrey’ big book at Christmas, the excitement of after school trips…just the joy of being a Toys’R’Us kid.
Although online shopping played its part in bringing down TRU, the company’s biggest problem was this: TRU was saddled with billions of dollars in debt; So much, in fact, that their debt stopped it from making the necessary investment in stores. That translated to an unpleasant shopping experience that doomed the chain. The company told employees Wednesday that it would close or sell its US stores after 70 years in business.
From all of us here at Cobra Island, thanks for everything, TRU. Hopefully there’s a Hail Mary that can save you so future generations can have the same experiences we did. Share your thoughts with us after the break on the Cobra Island Forums.