Toys ‘R’ Us Closes Doors

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The staff member said that's because an anonymous person purchased $1 million worth of the remaining toys at the Triangle Town Center Raleigh location to donate to local children.

The UK branches of the iconic toy store have already closed, after massive fire sales, and on Friday the final USA stores close their doors for good. Promise us just this one thing: Don't ever grow up.

In 2017, Toys "R" Us filed for bankruptcy and in March 2018 the company announced it was going out of business and closing all USA stores. We will miss our conversations of everything, and nothing, and the dreams we had.

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The most recent set of photos, posted on Thursday night, shows the empty store in the moments before employees locked the doors for the last time.

And the people of the internet are endlessly sad about it, with many taking to Twitter to reveal their heartbreak.

In addition to online platforms like Amazon.com Inc (AMZN.O), analysts have pointed to Walmart Inc (WMT.N), Target Corp (TGT.N), JC Penney Co Inc (JCP.N), Kohls Corp (KSS.N) and Bed Bath & Beyond (BBBY.O) as chains that could pick up market share from Toys "R" Us.

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Jacob Rabon IV tweeted two of the photos with the caption: 'I can't believe childhood is cancelled'.

Toys "R" Us chief executive officer Jerry Storch has been, "working with multiple investors on a plan to reboot the retailer in the USA, according to people familiar with the situation, who asked not to be identified because the talks are private".

Geoffrey has acted as the chain's logo and "spokesanimal" for the past 70 years.

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By the fall of 2017 the company, saddled with $5billion in debt, filed for Chapter 11 bankruptcy protection, but pledged to stay open.

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