Toy's R Us customers shop for bargains

Toys R Us closings will hurt Hasbro, at least in the short term

We asked CNN readers to share memories with us and received more than 600 responses. "But they also have a unique opportunity because they may go out and start gobbling up smaller toy makers and beefing up their businesses". In 2017, Amazon accounted for more than twice as much online revenue as Toys R Us in toys, earning $2.1 billion in sales to Toys R Us' $912 million.

The company plans to close all of its remaining 700 stores.

"I invented Waterbabies pre-internet", he said. That could make it more challenging for customers looking for specialty items that only Toys R Us now sells.

Adam M. of Austin, Texas, recalled going to the toy store with his grandmother on Saturdays.

For some, it's a reminder of those they've lost.

Now, she said she'll most likely shop at Walmart or other places.

Many referred to their trips to the store as hectic, but fun.

"They're working on a very tight timetable", said Eric Snyder, chairman of the bankruptcy department at Wilk Auslander, a NY law firm.

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Some parents got creative in their efforts to protect their wallets. "I remember my kids getting the birthday card in the mail, wearing the birthday crown, having their name over the intercom to celebrate and spending their gift card". But analysts estimate Toys R Us still sells about 20 percent of the toys bought in the United States.

"A lot of my childhood was spent in operating rooms and physical therapy offices", said Shay McLaughlin. "If they were good they knew I'd bring them over here to pick out a toy". "This made the whole process of surgery less scary". One shopper, Scott Davis, said he wanted to make sure he and his daughter had one more trip to the toy store he loved as a kid. They added that shopping online can never compare.

"I'm sad", said Deborah Smith who's had the business for 33 years now. "He wanted to make sure he chose the ideal toy".

Over the years, Toys R Us was the launch pad for what became some of the industry's hottest toys, such as Zhu Zhu pets in 2008.

Zoe Kasper moved to Pennsylvania from England when she was nine.

Now that Toys "R" Us is closing its doors nationwide what happens if you still have unused gift cards?

'It is therefore with great regret that we have made the hard decision to make a number of positions redundant at the company's head office in Maidenhead and proceed with a controlled store closure programme'.

The toy store faced several other big challenges at about the same time. Toys R Us Asia Ltd. has more than 400 retail outlets in Brunei, China, Hong Kong, Japan, Macau, Malaysia, Philippines, Singapore, Taiwan and Thailand.

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