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Report: Toys 'R' Us to close all U.S. stores

bizjournals Wednesday, 14 March 2018
Embattled toy retailer Toys 'R' Us is reportedly closing or selling all of its 800 stores in the United States. Referencing a source familiar with the matter, the Washington Post reported on Wednesday that the closures will affect as many as 33,000 jobs across the country. According to the report, Toys 'R' Us told its employees the closures will occur over time and not at once. The New Jersey-based company has four remaining locations in Hawaii, three Toys 'R' Us stores and one Babies 'R' Us…
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News video: Toys R Us May Keep 200 to 400 US Stores Open

▶ Toys R Us May Keep 200 to 400 US Stores Open 00:35

While it seems Toys "R" Us could indeed close all of its US stores, there is still one avenue of hope. A new report revealed that Toys "R" Us sent an email to its employees preparing them for impending closings due to the company's continued bankruptcy woes. There is currently a bid though that could...

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