By now, you've heard the news. Toys R Us is closing nearly 800 stores. It's over.
I have no reason to buy toys, and I haven't been in a Toys R Us store in many years. I think I made a total of three visits since the chain appeared here in our area. I can't tell you if it was good or bad, but I've done some reading.
It seems like a case of too much debt, not enough sales, and bad decisions by management. Someone else is doing it better. In this case, it's Walmart and Amazon.
When I was growing up, Toys means The Globe in Scranton, Sears, Sugerman's and Mermelsteins. As I grew a little older, I loved exploring a mall store called "Kids." It had a great hobby and craft section. My the time Kay Bee came in, I was out of the toy stage.
I do have to note something else. An overnight network news anchor had a great deal of fun yesterday morning, wondering if Toys R Us mascot Geoffrey Giraffe was going to fit into an unemployment office. What an insensitive idiot! 31,000 people are losing their jobs, and he tries to be funny.