Toys"R"Us

Toys "R" UsAlso written as Toys R Us, without quotation marks. A backwards "R" appears in its logo, but in type it is written as a regular "R". is an American toy, clothing, and baby product retailer owned by Tru Kids (doing business as Tru Kids Brands) and various others.
==History==
Charles P. Lazarus founded Children's Bargain Town in 1948 during the post-war baby boom,https://www.nytimes.com/2018/03/22/obituaries/charles-p-lazarus-toys-r-us-founder-dies-at-94.html which was acquired by Interstate Department Stores, Inc. in 1966.
In 1957, Lazarus opened the first Toys "R" Us in Rockville, Maryland, focusing on toys instead of furniture. The store's logo, featuring a backward "R" indicating a child's writing, was designed and stylized.
On July 21, 2005, public stock was closed for the final time at $26.75, a 63% increase since the company's initial sale announcement, and Toys "R" Us became a privately owned entity.
In December 2013, Toys "R" Us announced that their US stores would remain open for 87 hours straight, eight days before Christmas.https://www.nbcnews.com/business/business-news/toys-r-us-stay-open-87-hours-straight-f2D11758885
===Bankruptcy===
On September 18, 2017, Toys "R" Us, Inc. filed for Chapter 11 bankruptcy. In January 2018, the company announced plans to liquidate 182 US stores and convert 12 to co-branded Toys "R" Us and Babies "R" Us stores as part of its restructuring.https://www.latimes.com/business/la-fi-toys-r-us-closures-20180124-story.html
Toys "R" Us, after 70 years of operation, has permanently closed all its remaining U.S. stores on June 29, 2018.https://www.cnbc.com/2018/06/29/toys-r-us-closes-its-doors-on-friday-leaving-beind-nostalgia-anger-a.htmlhttps://money.cnn.com/2018/06/27/news/companies/toys-r-us-closed-stores-new-tenants/index.html
===Return===
Tru Kids emerged from bankruptcy on January 20, 2019.https://toybook.com/toys-r-us-officially-emerges-as-a-new-company-tru-kids-brands/
Toys "R" Us opened a retail store in Paramus, New Jersey, on November 27, 2019,https://www.usatoday.com/story/money/2019/11/26/toys-r-us-first-new-u-s-store-opens-garden-state-plaza/4315550002/ and a second store in Houston, Texas, on December 7, 2019.https://abc13.com/5722528/
The COVID-19 pandemic led to the closure of the Houston and Paramus stores in 2021, resulting in financial losses, as reported on January 15 and 26, respectively.
WHP Global has acquired a controlling interest in Tru Kids, the parent company of the Toys R Us, Babies R Us, and Geoffrey the Giraffe brands, announced on March 15, 2021.
WHP has partnered with Macy's to sell toys on their website and open store-within-a-store locations at 400 department store locations in August 2021.https://www.cnn.com/2021/08/19/business/toys-r-us-macys-partnership/index.html
Toys "R" Us expanded its presence in nine states on August 7, 2022, including California, Georgia, New Jersey, Illinois, Nevada, Louisiana, New York, Maryland, and Missouri.
==Channel==
On June 21, 2008, Toys"R"Us created their YouTube channel. The first video was uploaded on August 11, 2016, titled "Play-Doh: Fast Build – Flower | Toys"R"Us".https://www.youtube.com/watch?v=8G1aO8Q--nE Toys"R"Us usually uploads videos about their store.
==References==
Category:Users who joined in 2008
Category:American YouTubers
Category:Comedy YouTubers