Amazon could buy Toys "R" Us stores

NPD's Consumer Tracking Service has found that Toys "R" Us represented approximately 12% of United States toy industry sales in 2017.

Last week, Toys R Us Inc. announced it filed a motion in Bankruptcy Court to begin a wind-down of its USA business and liquidation of inventory in all 735 of the company's USA stores. "And we on objective left some big items on our registry in hopes of getting that money back and purchasing it", Young said. Four Toys "R" Us stores and two Babies "R" Us stores will close in Utah. It soon ballooned into one of the country's biggest toy retailers. The company filed for Chapter 11 bankruptcy and agreed to a restructuring plan to reduce its debt by $1.9 billion. The "Great American Toy Store" was a staple in shopping malls until it closed in 2009.

Just as we're getting ready to say good bye to Toys R Us, a savior emerges.

While we still believe Mattel's shares are significantly undervalued, we believe near-term headline risk surrounding the Toys "R" Us liquidation could continue to weigh on shares over the next several months before stability in share performance could resume.

"We're going to save the toy industry", he wrote in a LinkedIn post. The exception, they note, is Ollie's Bargain Outlet, which typically sells at deep discounts year round.

The sales start Thursday, March 22 and will end in June. All sales will be final on purchases during the liquidation process.

The closure of these stores marks a concerning time for retailers, with the rise of online retailers taking over a large portion of business. For those anxious about any gift cards they have for Toys-R-Us, the company will honor them a remaining 30 days or so.