Toys"R"Us return to be under the name Geoffrey's Toy Box
Source: Nintendo Wire
The latest update in the fall and rise of ToysRUs has been revealed, with the brand coming back with a new concept. Rather than work as their own large, independent stores, the company will be operating within existing stores. While none of those host locations were specified, a name that did come up was the new name for these shop within a shops: Geoffreys Toy Box.
The company is aiming to set these up come November, just in time for the holiday shopping season, bringing products and their dedicated toy focus back to consumers.
You can view the full press release below:
WAYNE, NJ October 2, 2018 Geoffrey, LLC, Toys R Us, Inc.s intellectual property holding company subsidiary, announced today that it is moving forward with a plan for substantially all of its assets to be acquired by a group of investors led by Geoffrey, LLCs existing secured lenders.
Read more: https://nintendowire.com/news/2018/10/10/toysrus-return-to-be-under-the-name-geoffreys-toy-box/
note that this plan affects global operations excluding canada.
toys 'r' us canada continues to operate and was not part of the bankruptcy.
CaliforniaPeggy
(149,623 posts)The name is iconic and well known to parents, children and relatives! It was a fun place to shop.
BigmanPigman
(51,593 posts)especially with holidays coming up.
unblock
(52,236 posts)shortly after the bankruptcy, he came home from school one day with "i'm still a toys 'r' us kid" written on his arm....
BigmanPigman
(51,593 posts)I was a teacher and taught First Grade for 15 years so being in that atmosphere must have had a permanent effect on me...I feel like a kid and love toys. I loved "sharing" (modern day Show and Tell), especially when they brought stuff in that I never had seen before.