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Is it safe to shop Toys R Us after bankruptcy?

Don't Waste Your Money
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It's a rite of the holiday season: shoppers rushing the doors of Toys R on Black Friday.

But will those doors open this year, following the company's bankruptcy?

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Many parents are looking warily at the store, now that the retail giant (and its sister store, Babies R Us) is in Chapter 11 bankruptcy protection.

Some parents wonder if gift cards, baby registries, and more will be safe.

Store responds to concerns

The retailer says everything will be normal for the 2017 holiday season. It is reorganizing -- not going out of business, despite some online and Facebook rumors.

The chain isreassuring shoppers by saying:

  • All stores will be open this holiday season.
  • No store closings have been announced.
  • Gift cards will be sold and honored.
  • Return policies will not change.
  • Layaway will be open once again this holiday season.

Some short supplies possible

However, there is a chance you may find some expected items missing.

According to areport in the New York Post, some Toys R Us suppliers are holding back shipments until they get paid.

Reuters News says makers of fidget spinners, slime kits and other novelty items are holding back sending new stock.

As a result, some shelves may be a bit emptier than usual this year, which could have your little ones saying "doesn't that stink."

So it's fine to give a gift card, but you may want to be sure that junior uses it soon... just in case.

To protect yourself with any retailer, use a gift card as soon as possible. Don't tuck it away in a drawer for months, where it may be forgotten.

That way you don't waste your money.

CLICK HERE TO WATCH THE YOUTUBE VIDEO OF THIS REPORT

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