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EMERYVILLE, CA - MARCH 15: The Toys R Us logo is displayed on the exterior of a store on March 15, 2018 in Emeryville, California. Toys R Us filed for liquidation in a U.S. Bankruptcy court and plans to close 735 stores leaving 33,000 workers without employment. (Photo by Justin Sullivan/Getty Images)

That didn’t last too long. After shutting down last year, Toys R Us is reportedly making preparations to reopen in time for the 2019 holiday season. Under the banner Tru Kids Inc., former Toys R Us exec Richard Barry is planning to launch a retail website and several brick-and-mortar locations in the U.S. later this year, Bloomberg reports.

The new stores will be smaller than traditional Toys R Us locations, Barry says. Barry says he’s confident the new venture will work because no other retailer has filled the gap left by the shuttering of Toys R Us in March 2018. “We have a once-in-a-lifetime opportunity to write the next chapter of Toys R Us by launching a newly imagined omnichannel retail experience for our beloved brands here in the U.S.,” he says.