With the recent news that Toys "R" Us is closing all USA stores, parents-to-be have a fair question: Since Babies "R" Us locations will also shutter, what the heck will happen to all those baby registries?
But Toys R Us CEO David Brandon told corporate staff in a speech at company headquarters that it will maintain the Babies R Us registry and the web stores for the time being in hopes someone might want to buy that asset, a recording reviewed by The Record in Bergen County, N.J., revealed.
In the statement, the company also said that it is pursuing a "going concern" reorganisation and sale process for its Canadian and global operations in Asia and Central Europe, including Germany, Austria and Switzerland.
The Wyomissing store is in the Woodmill Commons shopping center at 1055 Woodland Road. "I have no words for the WOW factor I felt when I first entered the store", she said. These locations would be the top 200 performing stores and would later become bundled in with the Toys" R " Us' Canadian division.
"Toys "R" Us Canada will continue to satisfy its obligations to vendors and customers and stock a broad selection of the most exciting, must-have toy and baby products", said Toys "R" Us.
Jokes aside Arpe admits the business of selling toys has changed. And who can forget their mascot Geoffrey the Giraffe? Now, toy shoppers have many more alternatives.
In February, the company's British business announced plans for an "orderly wind-down" of the company's store portfolio.
Toys R Us hasn't done well for a while now, running off of nostalgia and memories. Then, in January, the company announced plans to close about 180 stores over the next couple of months.
In a Wednesday internal brief to employees, CEO Dave Brandon said poor sales during the holiday season was the final straw that brought down the 70-year-old iconic brand.
The company reports having more than 100,000 creditors. In numerous toy store's locations, it is the anchor.
"It's not just about today's sale but giving the customer a good experience - making it about what the child can do and not what the toy does and helping the child's development", Elvington said. She says she believes that matching the size of the box, which average about 30,000 square feet, could be hard.
Even so, the impact of Toys R Us' demise is one reason that speculation persists that Mattel and Pawtucket, Rhode Island-based Hasbro might soon merge, according to the Los Angeles Times.
"The sweet spot seems to be boxes that are under 25,000 square feet, " she says.
"I don't know if they started offering deals, but I'm definitely going to keep my eye out", she said.
When will stores actually begin to close?
Erin Finney of Langhorne, Pa., was at her local Toys R Us with her two of her three sons, ages 2 and 4.
But when the news hit this week, they found out that won't be the case.
Brice Elvington, owner of Toy Shop Florence in Florence, South Carolina, said another advantage of smaller stores like his is that the focus can truly be on the customer. "It's kind of ridiculous". Both in-store and online, Mastermind is the ultimate toy-shopping destination, the flawless place to find the right toy, game or book for any occasion.
Although she understands the reasons, Dawn Shurr said she's not a big fan of the whole online shopping thing.