Get ready for another piece in the Toys”R”Us bankruptcy saga. Following this morning’s announcement of UK stores closing, Wall Street Journal is reporting that Toys”R”Us is set to sell or close all locations within the US as well. (This includes Babies”R”Us stores that survived the first round of closures.)
The future of Toys”R”Us will continue to be updated throughout the week as liquidation papers are filed tonight, ahead of Thursday’s bankruptcy court hearing.
We’ll continue to follow this story as it develops.Leave a Comment