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End of an Era
Growing up we had our local Woolworth's that had a toy section
So did our grocery store (which is where my mom would park me while she went shopping)
A lot of the toys on my Christmas lists would come from looking at the toy section in the Sears catalog
Our malls had stores like KB Toys and Lionel Kiddie City
But Toys R Us was ......different
A supermarket/department store sized building with Aisle after Aisle, floor to ceiling stuffed with toys
Grade School heaven
And of all the parental bribes, ice cream, McDonald's, video store....... be good and we'll go to Toys R Us was guaranteed best behavior (even if we didn't buy anything - just going was adventure enough)
Even though I haven't set foot in one in ages - I'm sad that they're going away
Toys “R” Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
While the situation is still fluid, a shutdown of the U.S. division has become increasingly likely in recent days, said the people, who asked not to be identified because the information is private. Hopes are fading that a buyer will emerge to keep some of the business operating, or that lenders will agree on terms of a debt restructuring, the people said.............
http://fortune.com/2018/03/09/toys-r-us-closing-us-stores-bankruptcy/
Growing up we had our local Woolworth's that had a toy section
So did our grocery store (which is where my mom would park me while she went shopping)
A lot of the toys on my Christmas lists would come from looking at the toy section in the Sears catalog
Our malls had stores like KB Toys and Lionel Kiddie City
But Toys R Us was ......different
A supermarket/department store sized building with Aisle after Aisle, floor to ceiling stuffed with toys
Grade School heaven
And of all the parental bribes, ice cream, McDonald's, video store....... be good and we'll go to Toys R Us was guaranteed best behavior (even if we didn't buy anything - just going was adventure enough)
Even though I haven't set foot in one in ages - I'm sad that they're going away
Toys “R” Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
While the situation is still fluid, a shutdown of the U.S. division has become increasingly likely in recent days, said the people, who asked not to be identified because the information is private. Hopes are fading that a buyer will emerge to keep some of the business operating, or that lenders will agree on terms of a debt restructuring, the people said.............
http://fortune.com/2018/03/09/toys-r-us-closing-us-stores-bankruptcy/
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