Toys R Us appears to be winding up for a major national relaunch.
After decades in business, Toys R Us’ business buckled under a $5 billion debt load. The company initially filed for bankruptcy in 2017.
The toy retailer liquidated its stores in 2018. But by 2019 the brand emerged as a new company, dubbed Tru Kids Inc. Under Tru Kids Inc., the company planned to reopen stores, though with a much smaller footprint.
Just over a year later, those stores shuttered as well as a result of the pandemic, the company said.
