Toys-R-Us in not going out of business.....YET! They are going to be concentrating on Babies-are-us, and placing the Toys-R-Us division in line to be purchased at a later date. I know that many product lines are being scaled back or even eliminated. Rumor has it that this includes Hot Wheels, Johnny Lightning, and Matchbox, because they are so easy to steal, but not worth putting security tags on, so they are going to be a casualty, along with many other small items. (This info comes from a friend who is a TRU warehouse manager)
Most stores are already having 50% sales here in the north east. Again, this is to scale back unwanted inventory. TRU will try to muddle through the holiday season, but after January comes, no one is sure how long or even if at all TRU will continue to exist.
Let's all hope for a strong holiday showing to keep them on the map. I know alot of people who work for TRU, and the longer they can hold on to their jobs, the better. Who can even imagine a world with no Toys-R-Us?? Kind of sad to think about. Welcome to corporate America.