It wasn’t long ago that parents would take their kids to Toys "R" Us prior to a birthday or the Christmas season. You’d turn them loose and let them explore the aisles filled with toys. Inevitably, they’d come running up asking if they could have this or that. It was the best way to gather information, either for yourself, or others who would invariably ask, “What do the kids want for Christmas?” For the most part, you came away with a lot of ideas for gifts no matter the occasion.
Times Have Changed
With the popularity of online shopping, kids don’t take many field trips to Toys "R" Us anymore. Parents can set them up in front of a computer screen and have them scroll through websites looking for the toy they really need. Unfortunately for Toys “R” Us, they aren’t visiting their stores or website as much.
Toys "R" Us recently filed court documents in conjunction with its Chapter 11 bankruptcy petition of Sept. 19, 2017 outlining plans to close 182 stores as part of its reorganization plan. Five of those stores are in Western Pennsylvania. Going out of business sales are expected to begin in February at stores located in Monroeville, Erie, Washington, Beaver Valley Mall in Monaca, and the Ross Park Mall in Pittsburgh’s North Hills. The stores are expected to close in April.
Toys "R" Us Isn’t Gone For Good
While Western Pennsylvania will lose five stores, Toys "R" Us will retain its presence in Bethel Park, Cranberry, Greensburg, Johnstown, Robinson Towne Center and West Mifflin. There is a possibility if leases are renegotiated to a more favorable cost, some of the planned store closings may not take place. The company also plans to convert some locations into combined Toys "R" Us and Babies “R” Us stores.
Regardless, if you have returns from Christmas, it would be wise to take them back soon, before it's too late.