Is Toys R Us Coming Back To Kalamazoo?
It was late in 2017 that we started hearing whispers of a possible bankruptcy situation with Toys R Us. Then, in early 2018, word came down that indeed the toy franchise would be filing for chapter 11 and close it's doors soon after. My wife Karla and I were of the many that did some early Christmas shopping before the last day and got some incredible deals. But even then we lamented that we would rather this American Icon stayed open.
Well, according to an article on wxyz.com, the debtors who own the rights to the Toys R Us brand are developing a new operating plan to fill the void left by the departure of the retail space in the summer. The idea is to "re-brand" Toys R Us and Babies R Us in order to lose the image that helped cause their demise. Included in that is to re-emerge into new real estate to avoid that comparison as well. Get more of the story by clicking HERE.