Home / News It’s official: Toys ‘R’ Us is closing all of their U.S. stores For parents, the silver lining will be the liquidation sales. By Heather Marcoux March 9, 2018 Rectangle Parents may have one less shopping destination as Toys “R” Us is preparing to liquidate its American stores, according to the Wall Street Journal. Toys “R” Us isn’t commenting yet, but Bloomberg reports unnamed sources close to the company say the bankrupt retailer has failed to find a buyer or restructure its debt. Back in January the company announced plans to close hundreds of U.S. Toys “R” Us and Babies “R” Us stores, and to remodel others as co-branded locations. Liquidation sales at some of those stores began last month. The news that all the stores will reportedly close signals the end of a retailer that was a big part of many childhoods, but it’s hardly sudden. As consumer traffic has moved online, brick and mortar brands like Toys “R” Us have seen less foot traffic and declining sales. This, combined with a 2005 buyout that burdened the company with debt and interest payments, spelled the end for the home of Geoffrey the Giraffe. It seems it’s been a long time coming, but we don’t know yet when the rest of the liquidation sales (the silver lining for parents) will begin. When they do, you might want to get down to your local Toys “R” Us to say goodbye to Geoffrey and do some early Christmas shopping. You might also like: Toy Fair 2018: The top 7 toy trends mamas need to know about Barbie unveils dolls based on Frida Kahlo, Amelia Earhart and other historic women? Old Navy’s having a MAJOR sale on toddler + baby clothes (items start at just $5!) The latest News Why one mom is leaving cookies for Mrs. Claus instead of Santa this year News What Donald Trump’s 2024 presidential win means for American mothers and families Viral & Trending ‘My marriage doesn’t come before my kids’: The viral post sparking a family-priority debate Viral & Trending Mom of 3 shares the unexpected words from a stranger that brought her to tears