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RIP Geoffrey! Toys 'R Us Likely to Liquidate Stores

Stable Genius

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Toys R Us said to be preparing for liquidation

After scrambling to keep its bankruptcy reorganization plan alive, Toys R Us is preparing for liquidation, people who weren't authorized to speak publicly about the matter confirmed to USA Today Thursday.

The toy retailing giant appears to be running out of time, and money — pushing closer to having to close the doors of the entire chain. Its leaders have failed to find a buyer or reach a new debt financing deal with its lenders.

As word spread, shares of Mattel and Hasbro, two of the world's largest toymakers, fell in after-hours trading.

The company in recent weeks has told workers at its going-out-of-business sales that it doesn't have enough money to pay severance. Its United Kingdom division has been placed under administration — the U.K. version of bankruptcy — after falling behind on debt payments. It also reportedly is in talks to sell its Asian and European divisions.

A hearing scheduled for Bankruptcy Court has been postponed three times this week, signaling that the company's reorganization plan could be collapsing.

Sources expect the company to file for Chapter 7 bankruptcy liquidation next week. Toys R Us declined to comment.

Toys still could get a last-minute reprieve if a deep-pocketed investor or lender steps up.
 

Anacaona Taino

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The one in my area is closing and i am annoyed. I hope Amazon buys all their shyt. Also they have even sold the price scanner and it doesnt work (as usual) worst customer service ever. They need to bring back Childs World
 

Stable Genius

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The one in my area is closing and i am annoyed. I hope Amazon buys all their shyt. Also they have even sold the price scanner and it doesnt work (as usual) worst customer service ever. They need to bring back Childs World

We only had a Babies 'R Us in my town, and they're currently having their liquidation sale now (scheduled to close in April).

That said, it's no loss IMO.

Toys 'R Us is kind of like the GM of toys. No one could touch them back in the 70s - 90s, and then Walmart came along (with Amazon finishing the job).
 

TDiva

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Good riddance....

ByeAshy.gif
 

BronzeBeamer

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This past Christmas, I left with nothing because they didn’t have ANY of the toys I was looking for. And I was looking for some really standard items that I easily found at Target/Walmart. I knew they were on the way out then, with those high ass prices.
 

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Good! Has anyone noticed that alot of the newer toys revolve around poop? I was watching the commercials on cartoon network with my niece and it was poop this and fart that.
Like WTF who buys that weird sh!t?
 

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How sad. Future generations of kids will never know what it was like to run thru the aisles of Toys 'R Us, especially during Christmas time, to see how many toys your parents would buy you.

I don't want to grow up. I want to be a Toys 'R Us kid.
 

Simlish

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I used to work there years ago, and I say this a heavy heart...but they asses can choke. Bye Toys R Us!
 

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When I saw Geoffrey I thought Joseph Marcell of The Fresh Prince died and I was all nooooo!

That being said I thought Toys R Us went out of business years ago might as well have.
 

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Good! Has anyone noticed that alot of the newer toys revolve around poop? I was watching the commercials on cartoon network with my niece and it was poop this and fart that.
Like WTF who buys that weird sh!t?

Girl I just said the same thing while I was watching Nickelodeon with my son.

What’s up with all these disgusting toys.

The hell kind of game is, “don’t step on the poop” and “pull my finger”?

I never liked the one with the slimy boogers running out of the man nose.

Some white person got this green lit and cashed out.
 

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Amazon, Walmart, Target. I never got a toy in my life from Toys r us. Too many other kids were shopping there and I wanted more exclusive toys that no one else had.

Toys 'r' Us never had sh!t in stock. It was always so annoying.

This is kinda sad though because going to the toy store was kind of an event for kids. Going to Walmart/Target doesn't carry the same cachet.
 

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How sad. Future generations of kids will never know what it was like to run thru the aisles of Toys 'R Us, especially during Christmas time, to see how many toys your parents would buy you.

I don't want to grow up. I want to be a Toys 'R Us kid.

e6 We weren't running through anywhere. And bought those overpriced toys? Shiiid.
 

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Toys-R-Us was awesome as a kid. I used to love the catalog that came to the house. But going to the actual store was legit fun, playing the video games until Mom Dukes would have to threaten me to leave LMAO.

Getting one of those tickets and having to go to the window to pick it up......AHHHH memories.

vbbuizuxilaz.jpg
 

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The should have never touched FAO Schwarz.

I guess I'll take the nephews over to Toys 'R' Us this weekend so that they can ride the ferris wheel one last time.
 

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How sad. Future generations of kids will never know what it was like to run thru the aisles of Toys 'R Us, especially during Christmas time, to see how many toys your parents would buy you.

I don't want to grow up. I want to be a Toys 'R Us kid.
I loved toys r us growing up. All my baby dolls came from there. They are not ridiculously expensive now.
 

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Formerly known as "Dr. G. Raffe" in 1950's print advertisements for Children's Bargaintown, Geoffrey the Giraffe evolved in name and appearance over the next decade to become the official mascot of the renamed Toys "R" Us.


So Im JUST now realizing why they spelled his name like that

source.gif
 

For The Culture

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You see them damn prices?!?! Wtf was they selling in this picture? Stocks?!
Toys-R-Us was awesome as a kid. I used to love the catalog that came to the house. But going to the actual store was legit fun, playing the video games until Mom Dukes would have to threaten me to leave LMAO.

Getting one of those tickets and having to go to the window to pick it up......AHHHH memories.

vbbuizuxilaz.jpg
 

Charlie Brown

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Sad sad. The babies r us around the corner is closing and I’m guessing the toys r us next to the liquor store I go to will be next. Makes me a LITTLE sad. I’ll never forget going to shop and having the annoying child of another race driving bikes and tricycles with the lopsided wheels all over the store. Oh gaaaaawsh the scooters!!

In the off season the store is big and full of sh!t with not a child in sight. It’s sad. Ahh well! Amazon it is!
 

TheShadowKing

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I don't remember Toys-R-Us being overpriced but KayBee & Toy Works were theeeeeeee WORST. Overpriced, never had anything good in stock.

BitesizedHelplessAmethystinepython-size_restricted.gif
 

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Formerly known as "Dr. G. Raffe" in 1950's print advertisements for Children's Bargaintown, Geoffrey the Giraffe evolved in name and appearance over the next decade to become the official mascot of the renamed Toys "R" Us.
ohhhhh thanks
 

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xxMYSTiCxx

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I just recently bought 3 paw patrols for my nephew from amazon! lol Guess that's gonna be the new spot to buy toys, along with target and wally world now lol.
 

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You see them damn prices?!?! Wtf was they selling in this picture? Stocks?!

LMFAO video games have never been cheap. I was just telling my co-worker the other day when she was complaining about a game being $40 used. Our parents were dropping between $50-80 on some of those SNES & Sega games back in the day :dizzy:
 

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