We could be seeing the end of an era.

A recent article from Bloomberg states that Toys R Us has plans on liquidating all of their U.S. stores after failing to restructure their debt or find a buyer to help keep the retailer operating. While the company itself has not commented on the matter or confirmed anything, Bloomberg says its likely liquidation will be the next step.

After news of this, both Mattel and and Hasbro lost shares in the stock market on Friday.

In September, the toy retailer declared bankruptcy and then in January announced that they would be closing over 180 stores around the country; six of which included locations in Michigan.

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