Remember KB Toys? It's making a comeback

I visited a Toys R Us store in Yonkers New York

I visited a Toys R Us store in Yonkers New York

The retailer declared bankruptcy in September and later announced it planned to close 182 stores.

Of the seven Toys R Us stores in Louisiana, only the Slidell outlet is slated to be shut down.

If you haven't heard by now, I'm sorry I have to be the one to break it to you, but Toys R Us is going out of business.

Toys "R" Us, which filed for bankruptcy previous year, announced last week that it expects to close all of its 735 stores in the US. The Toys R Us going out of business sale comes as more and more people are buying toys and games online due to the convenience and affordable prices of doing so.

Jobs for about 33,000 employees are in jeopardy, but Toys R Us is planning to hire for temporary positions for the liquidation process.

Video showing moments leading up to self-driving Uber crash released
Liliana Duran with Tempe Police Wednesday afternoon, combines video taken by an exterior camera with video taken by an interior camera.

"It's a tough decision, in the way that pulling life support from a brain-dead patient is a tough decision", James Wilton, attorney for the vendor Thorley Industries, told USA Today.

Credit Suisse compares the Target and Toys R Us situation to previous bankruptcies, using hhgregg and Sports Authority as examples.

More than four dozen toy manufacturers, including big names like Lego and Mattel, have filed objections to Toys R Us' liquidation plans.

More: Who's going to suffer most from Toys R Us exit? The company is hoping to keep at least 200 open in order to sell its operations in Canada.

Strategic Marks bought the KB Toys brand from Bain Capital in 2016.

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