'Toys R Us' is Likely to Come Back As Lenders Plan Brand Revival


Toys R Us going bankrupt and closing down was definitely one of the many MaJoR BuMmErS of 2018, amiright?

But guess what? IT LOOKS LIKE THE BELOVED TOY STORE IS GOING TO MAKE A COMEBACK!

According to a bankruptcy court filing Monday, the lenders that now control Toys R Us said they canceled their plan to auction off the company's intellectual property. Apparently, they now want to reorganize into a new company that will keep the current license agreements and open new retail stores. 

More details below: