Toys R' Us went under in 2018, but it is planning a comeback in 2021. The toy giant is set to compete in the toy space with actual brick-and-mortar locations. Toys R' Us & Babies R' Us was sold to WHP Global and they have announced its plans to reopen in the U.S. by the end of the year. "We're in the brand business, and Toys R Us is the single most credible, trusted and beloved toy brand in the world," a spokesperson said.