{"id":53222,"date":"2018-10-03T13:28:59","date_gmt":"2018-10-03T17:28:59","guid":{"rendered":"https:\/\/tjbdeals.com\/?p=53222"},"modified":"2018-10-03T14:54:33","modified_gmt":"2018-10-03T18:54:33","slug":"toys-r-us-cancels-bankruptcy-auction-as-it-attempts-a-revival","status":"publish","type":"post","link":"https:\/\/tjbdeals.com\/?p=53222","title":{"rendered":"Toys R&#8217; Us Cancels Bankruptcy Auction as It Attempts a Revival!"},"content":{"rendered":"<p>According to several reports, Toys R&#8217; Us could be making a comeback after its&#8217; owners abruptly cancelled their bankruptcy auction.<\/p>\n<p>From <a href=\"https:\/\/money.cnn.com\/2018\/10\/03\/news\/companies\/toys-r-us-brand\/index.html\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #0000ff;\">CNN Money<\/span><\/a>:<\/p>\n<blockquote><p>Toys &#8220;R&#8221; Us may be coming back. The company closed all of its US stores in June as part of a bankruptcy liquidation. But the owners of the company&#8217;s remaining assets are looking into restarting the business, as well as the related Babies &#8220;R&#8221; Us brand, the company disclosed in a court filing this week.<\/p>\n<p>Toys &#8220;R&#8221; Us had planned to auction off the rights to its name and the Babies &#8220;R&#8221; Us brand. Bidders had already made offers for them, according to the filing. But the company&#8217;s owners decided to cancel the auction.<\/p>\n<p>The company said it is considering &#8220;a new, operating Toys &#8216;R&#8217; Us and Babies &#8216;R&#8217; Us branding company,&#8221; the filing said. The plan would &#8220;create new, domestic, retail operating businesses under the Toys &#8220;R&#8221; Us and Babies &#8220;R&#8221; Us names, as well as expand its international presence and further develop its private brands business.&#8221;<\/p>\n<p>The details of when and how the brand would be brought back to life were not disclosed.<\/p><\/blockquote>\n<p>You can read more about their potential revival from <a href=\"https:\/\/www.cbsnews.com\/news\/toys-r-us-babies-r-us-brand-comeback-in-works-as-bankruptcy-auction-canceled\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #0000ff;\">CBS New<\/span><\/a><span style=\"text-decoration: underline; color: #0000ff;\">s<\/span> and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.usatoday.com\/story\/money\/business\/2018\/10\/03\/toys-r-us-comeback-new-name-but-same-mascot-geoffrey-remains\/1507832002\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">USA Today<\/span><\/a>.<\/span><\/p>\n<p><!--NoAds--><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>According to several reports, Toys R&#8217; Us could be making a comeback after its&#8217; owners abruptly cancelled their bankruptcy auction. <a class=\"mh-excerpt-more\" href=\"https:\/\/tjbdeals.com\/?p=53222\" title=\"Toys R&#8217; Us Cancels Bankruptcy Auction as It Attempts a Revival!\">&#8230;.. Get This Deal<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":51016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124,2,81],"tags":[],"class_list":{"0":"post-53222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tjb-blog","8":"category-home","9":"category-toys-games"},"_links":{"self":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/53222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53222"}],"version-history":[{"count":2,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/53222\/revisions"}],"predecessor-version":[{"id":53236,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/posts\/53222\/revisions\/53236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=\/wp\/v2\/media\/51016"}],"wp:attachment":[{"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tjbdeals.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}