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On the non-political front, all hope may not be lost:

CNN Money:

Toys "R" Us had planned to auction off the rights to its name and the Babies "R" Us brand. Bidders had already made offers for them, according to the filing. But the company's owners decided to cancel the auction.

The company said it is considering "a new, operating Toys 'R' Us and Babies 'R' Us branding company," the filing said. The plan would "create new, domestic, retail operating businesses under the Toys "R" Us and Babies "R" Us names, as well as expand its international presence and further develop its private brands business."

The details of when and how the brand would be brought back to life were not disclosed.

Even though I didn't shop there much anymore the demise of Toys "R" Us hit hard because it was so closely linked to my now-adult daughter's childhood. It's unlikely that whatever brand revival is being considered involves a massive brick and mortar presence like the old days, but it would still be nice to have around in some form.

Now wait until we find out that Jeff Bezos was one of the "bidders" to the rights.