Not all hope is lost for Toys “R” Us!
In a report from Bloomberg, sources have said the former Toys R US CEO Jerry Storch has been in contact with investors to see they’d be interested in a relaunching of Toys “R” Us. The report says that Storch’s Company would have to win Toys “R” Us’ Intellectual Property in Bankruptcy Auction. This, however, is not a short process. Since the meetings have been private, very few details have been released.
You can read more on it here!
