Toys R' Us was essentially let go as a brand over the last year, with stores liquidating everything and shutting down. A few buyouts and attempts to figure out a better solution were attempted, but in the end we all essentially wrote it off as lost.
That has changed as of today. The store might be making a comeback according to the Wall Street Journal. The lenders behind the scenes have cancelled the auction, and are planning on doing... something before giving up on the iconic brand. What that something is remains to be seen. This saga just keeps on going though doesn't it?
Expect more information as it comes in. Hopefully soon!
