A Beloved New England Toy Store May Be Coming Back
According to a recent report, Toys R Us may be coming back thanks to a group of investors.
The report says that the auction for Toys R Us assets is being scrapped in spite of receiving a few qualifying bids. It's all about return on investment and the group now thinks that there is a better chance of getting a better ROI if they revive Geoffrey and his pals.
Earlier this year, Toys R Us here in New England and beyond had to close because of it's huge $5 billion dollar debt, much to the dismay of kids everywhere and the thousands and thousands of adults who were employed there.
The report goes on to say that the current investors, based in New Jersey, didn't go in to detail about how or when the company would open it's doors again, however, I'm pretty sure Geoffrey is sitting on the beach just waiting for that call.