It Can't Be TRU!
Or Can It?
To the shock and dismay of many parents, children, and other toy enthusiasts, Toys ‘R’ Us (“TRU” to the cool kids) recently announced liquidation of its operations. The retailer filed bankruptcy late last year hoping to restructure and bounce back, but holiday sales were not enough to maintain a feasible reorganization plan to continue business. Stores across the country - and all over the world - will be shutting their doors for good in the very near future, marking the demise of the last true dedicated brick-and-mortar toy chain.