Babies "R" Us Is Going Out of Business: What You Need to Know
It's official: Toys "R" Us will be selling or closing all of their U.S. locations. Not only could this affect 33,000 jobs, but the news has left many new and expectant parents wondering what will become of their Babies "R" Us registries. Now, the store has confirmed that their registries will be shutting down.
A company spokesperson told People that all customer and loyalty programs are currently continuing as normal—including Rewards “R” Us, Geoffrey’s Birthday List and the Babies “R” Us Registry—for the time being. However, the spokesperson elaborated those programs will only be in use for the next couple of weeks, and it will be on the consumer to transfer their registry elsewhere.
If you have a gift card or store credit, you would be wise to use that ASAP, too. A company spokesperson said Thursday that rewards dollars, Endless Earnings, and gift cards are being be honored for the next 30 days.
In the meantime, reports are swirling that MGA Entertainment submitted a bid to buy the retailer's Canadian locations and has further interest in some U.S. locations. That said, the fate of Babies "R" Us seems fairly bleak, so customers who currently have registries there or were considering registering there would do well to hustle over to another chain.