Published: Sun, July 01, 2018
Finance | By Jaime Brady

In farewell to U.S. shoppers, Toys R Us urges Play on!

In farewell to U.S. shoppers, Toys R Us urges Play on!

The iconic jingle "I don't want to grow up, I'm a Toys "R" Us kid", was engrained in many people's minds.

An anonymous person spent $1 million on the last remaining toys at a North Carolina Toys R Us on Friday to donate to children.

The company is continuing to operate stores in Europe and Australia, as well as 255 licensed stores and joint venture partnerships in Asia, which were not part of the bankruptcy filing.

Another poster has a letter from Geoffrey that reads: 'One day, all of us will get separated from each other.

In the photograph posted online by Facebook user Rene Johnpiere, who appears to have been an employee at the toy store, Geoffrey is seen wearing a beach shirt, with a hat and sunglasses perched on his head and his right hand on a trolley luggage. Days, months, and years will pass until this contact becomes rare.

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"Because we were forced to liquidate the USA business, we were not able to follow the normal severance process", said a Toys "R" Us spokesperson earlier this month.

However, on a more positive note, the 16-foot tall statue of Geoffrey that greeted visitors at Toys R Us headquarters in Wayne, New Jersey will continue to make children happy at a hospital in the state.

"I think Geoffrey the Giraffe signifies fun and childhood memories", a zoo representative told CBS San Antonio affiliate KENS.

Will the Toys R Us name and mascot disappear forever?

By the fall of 2017 the company, saddled with $5billion in debt, filed for Chapter 11 bankruptcy protection, but pledged to stay open.

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