(Wayne, NJ) -- One-time toy giant Toys R Us may be making a comeback.
The retail company is canceling the bankruptcy auction of its intellectual property assets, according to court documents filed this week. This could lead to the opening of new Toys R Us and Babies R Us stores and the creation of other business under its familiar brand.
Toys R Us filed for Chapter 11 bankruptcy protection last year, then announced a shut down of all its American stores while selling off its international operations. The Toys R Us store and Babies R Us stores in Dutchess County closed this past summer.
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