As I wrote last week HERE Isaac Larian of MGA Entertainment put in a $890 Million bid to save some of the Toys R Us Stores- But his bid was rejected for not being enough money to save part of the stores. So it sounds like Toys R Us is officially done and can not be saved.
On another note- According to the emails the clearance should be up to 30% now.
Thanks @ USA Today
UH OH! Billionaire’s Bid to Save Toys R Us REJECTED!