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Toys ‘R’ Us hit a big hurdle once again, and as it was badly hurt by the declining sales, it was left with no option but to close down two of its remaining physical stores in the U.S.
As the consumers turn to online shopping, the company, just like the other popular retailers were forced to shut down their stores since they cannot support the shop operations any longer.
Last two Toys ‘R’ Us stores
The situation of most businesses today resulted from the negative effects of the COVID-19 pandemic. Many stores are not able to get back since people are still staying in their homes to keep safe from the threats of coronavirus infection. The big shift in consumer habits sent the toy, clothing, and baby product retailer packing.
"As a result of Covid-19, we made the strategic decision to pivot our store strategy to new locations and platforms that have better traffic," Tru Kids, owner of the Toys ‘R’ Us brand, told CNN Business.
The company’s last two Toys ‘R’ Us stores that will be close down are the only remaining ones across America. These brick and mortar outlets are located at the Galleria mall in Houston and Garden State Plaza in Paramus, New Jersey.
The one in Houston was shuttered on Jan. 15, while the second store was closed just last week. The stores measure around 6,500 square feet and offer hands-on experiences to kids who visit. Apparently, the stores are not getting visitors now.
Tru Kids to continue offering Toys ‘R’ Us brand offline
At any rate, while Toys ‘R’ Us is confirmed to have been closed down permanently, shoppers can still purchase their favorite items from the brand through its online store that will remain open.
As per CNBC, the iconic toy retailer will still be open for its customers, but the purchases will be for delivery only from now on. But then again, it was clarified that the stores that were shut down are only in the U.S., and its more than 700 stores overseas remained operational. Toys ‘R’ Us has shops in 25 countries in the Middle East, Asia, Africa, and Europe.
