Published: Sat, June 30, 2018
Money | By Wilma Wheeler

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

Toys 'R Us filed for bankruptcy in September 2017 and began closing its 735 USA stores in March, with the last and final round of the brick and mortar locations officially closing doors this week. The mascot stood surrounded by empty shelves and space, presumably in a Toys R Us store.

Toys R Us, which also owned Babies R Us, collapsed in February after they were unable to pay a £15million tax bill. The image has been shared more than 300,000 times and has left many online feeling nostalgic and heartbroken.

After declaring bankruptcy in September, the chain in March sought a bankruptcy court's approval to start closing its 735 us stores, with severance payments coming to a halt during the liquidation.

After the sad photo of Geoffrey went viral, the San Antonio Zoo set up a GoFundMe page to raise $100,000 with the goal to "persuade the owners at Toys " R " Us to join the effort to save giraffes by donating the use of their most recognizable intellectual property", their beloved mascot.

And the people of the internet are endlessly sad about it, with many taking to Twitter to reveal their heartbreak.

Reports of a man buying upwards of $1 million of toys from the now-defunct Toys "R" Us stores across the Triangle have been verified. The photo was taken by Rene Johnpiere, who appears to work at a Toys "R" Us.

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

This is it for Toys R Us.

But several of Toys "R" Us' old competitors are already eyeing to fill the void.

In the UK, Toys R Us shut its final locations in April, but watching the animal waving goodbye really marks an end of an era.

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