Don't Panic! Toys 'R' Us Isn't Closing

This is the type of thing that could cause parents to panic... hearing that Toys 'R' Us has filed for bankruptcy, just a couple months before the Christmas shopping frenzy.

(Stop right there if you've already finished your shopping... no one wants to hear that in September.)

No, the stores aren't closing. The company says it's committed to keeping its 16-hundred Toys 'R' Us and Babies 'R' Us stores open while it reorganizes.   

Yes, your gift cards are still good.

And yes, you can still get your Christmas shopping done in the usual manner.

 
 

Twitter was quick to respond to the news-- 

 
 
 

And some were quick to point out that others may gain from Toys 'R' Us' pain-- 

 
 

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