I went to bankrupt Toys R Us and saw how grave the threat of Amazon has really become

Toys R Us has filed for bankruptcy.

The company has said it is not closing any stores or alternating any opening hours.

The specialty toy store has struggled struggled as it increasingly competes with online retailers in its two main businesses: baby goods and toys. Amazon sells more than double what Toys R Us does online in just those two categories alone, according to data from Ecommercedb.com.

We decided to visit Toys R Us' new holiday popup store in Times Square, New York City to see what - if anything - changed now that the retailer has declared bankruptcy.

What we found shows how big of a threat Amazon is.