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Home / Business / Anonymous person buys $ 1 million in toys to donate as part of Toys "R" Us

Anonymous person buys $ 1 million in toys to donate as part of Toys "R" Us



America's last remaining Toys "R" Us stores will close after a final close on Friday. However, the One Toys "R" Us site in Raleigh, North Carolina, closed its doors a little earlier – and for good reason – after an anonymous patron bought the remaining $ 1 million worth of toys to hand them to children to donate from the region.

Now, WNCN CBS 1

7 reports that Triangle Town Center employees spend the last day of their shop packing the few toys left to build a truck.

The mysterious buyer's immense gesture of goodwill is a silver lining on the horizon What was sad for many was the closure of an iconic American business.

The bankruptcy of the company naturally follows the boom of online retailers, where shoppers could conveniently buy affordable toys from home. There was also the high level of debt that Toys "R" Us had to incur after being plundered by the private equity firms Bain Capital and KKR & Co. in a $ 6.6 billion leveraged buy-out in 2005 was bought.

After years of struggling to free itself from the pressure of increasing pressure, Toys "R" Us, the largest toy retailer in the United States, filed for bankruptcy in September 2017 . In recent weeks, news from the company's long-time employees campaigning for severance pay while looking for other jobs has made national headlines.

Salt on the wounds of nostalgic millennials continues Photo of mascot Geoffrey the Giraffe This week turning a small suitcase from an empty Toys "R" Us store has become viral – a vivid illustration of which has become a very sad story about American industry.

Now there is at least one coincidence act of kindness added to the mix. And thanks to this anonymous donor, countless children of a younger generation of Toys "R" Us toys will enjoy one last time, just like so many kids before them.

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