However, it added that no suitor materialised in what is proving to be a dire time for high street retailers.
Professor Heiner Evanschitzky, co-director of Aston Centre for Retail Insights based at Aston Business School, said: "A key problem for Toys R Us was a lack of clear focus: is it a big box discount store for toys, a store with a vast assortment of toys, a leader in quality and service?" Consumers rightly asked why they should bother going there instead of buying online'.
Other companies that have run into difficulties lately include Maplins, New Look, Jamie Oliver, Byron and Prezzo.
Thomas also said that stock at those remaining stores would be discounted even further, and encourages customers to "take advantage of the special offers available in store while stock levels remain high". All the best to those who find themselves out of work.
Toys "R" Us recently responded to those reports, though it didn't confirm or deny them outright.
Carlos Hyde to sign with Cleveland Browns
Hyde was a second-round pick in 2014. "Nobody is ruled out", the source said of the way the Browns view the draft board. The Giants ranked 26th in rushing last season and certainly have a need to upgrade at running back.
United's European exit 'nothing new' for Mourinho
While Manchester City's duo of Sergio Aguero and Raheem Sterling are third and fourth with 21 and 15 goals respectively. Teams used to rely on their home form to see them through. "Here, he just looks like a stranger in this team".
Fantastic Beasts trailer cranks up the intrigue
Needless to say, the trailer has magical glimpses of some of Newt Scamander's fantastic beasts and many of his adventures. The trailer for the next Wizarding World franchise installment takes fans on a brief trip back to Hogwarts.
Broadcom officially ends bid for Qualcomm
The Broadcom-Qualcomm deal is dead today, but who what could happen tomorrow and is way more worrisome. A Qualcomm acquisition would have amounted to the largest technology deal in history.
Toys R Us is going out of business, closing all stores
Both Hasbro and Mattel saw a decline in sales previous year , and now the toy companies are losing one of their biggest retailers. The Latham store will close by the end of the month and has launched a closing sale, an employee at the store said.