"The removal and auction of the Toys R Us sign marks the end of an era and the beginning of exciting new retail for Ipswich," said IBA chairman, Colin Kreidewolf.

Beginning in July, Macy's will start the process of bringing the "beloved Toys"R"Us brand to every Macy's store in America this holiday season," according to a press release.

YouTuber Ben Laurence has explored an abandoned Toys R Us store, revealing eerie empty shelves, discarded signs, and haunting relics of a once-iconic toy store chain ...