Toys 'R' Us is shutting down all 800 of its U.S. stores.

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Toys ‘R’ Us is shutting down its U.S. stores—and millennials are crushed

The kids in us are weeping.

 

Kris Seavers

Internet Culture

Published Mar 15, 2018   Updated May 21, 2021, 9:44 pm CDT

America’s favorite toy retailer is closing, and millennials on the internet are brokenhearted.

Toys ‘R’ Us will close its 800 U.S. stores, impacting as many as 33,000 jobs, the Washington Post reported Wednesday. The company, which filed for bankruptcy in September, is also closing its 75 U.K. stores but keeping its 82 Canadian locations open.

The news was particularly hard on millennials whose youths in the ’90s included wandering wide-eyed through Toys ‘R’ Us. They mourned the losses of the retailer—and their childhoods—on Twitter.

https://twitter.com/the_moviebob/status/974060343537360896

https://twitter.com/SassBaller/status/974058601512865792

Well, not everybody.

The loss of Toys ‘R’ Us, which reportedly accounted for 15 to 20 percent of U.S. toy sales last year, means a major shift in the industry. Manufacturers and consumers are expected to increasingly turn to Walmart, Target, and Amazon for their toy needs. And of course, kids have access to electronics like cell phones and tablets earlier than ever before.

On the bright side, independent toy stores are reportedly faring well. Maybe there’s hope for childhood yet.

H/T BuzzFeed News

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*First Published: Mar 15, 2018, 2:13 am CDT