Toys R Us
Not playing around: Toys R Us to shutter all 735 US stores The iconic brand is discussing a sale of 200 top locations with Canadian counterpart
(Credit: Wikipedia, Max Pixel, Pixabay)
The death of the once ubiquitous toy retailer Toys R Us is near, after the company announced it planned to close all of its 735 nationwide stores, ending months of efforts to salvage the iconic brand.
The closures include its Babies R Us brand and come six months after filing for bankruptcy in September. Its December effort to pull itself out of bankruptcy by closing 180 stores apparently failed to help save the company, which employs 33,000 people nationwide, according to the Wall Street Journal.
Toys R Us operates around a dozen stores阿爱上海同城 in the Los Angeles area, although the company already planned to close four of those in December. It has about the same number in Miami, according to its website, but none of those was on its上海夜网 list of 11 Florida stores planned for closure in December.
There are around two dozen stores between the New Jersey and the New York City area, according to the company. One of those, the Union Square location in Manhattan, was scheduled for closure in December.
Toys R Us爱上海同城对对碰 said in a news release that it was discussing a sale of 200 of its top performing U.S. stores to be combined with its Canadian outfit, although didn’t specify if that discussion was related to the Larian bid.
Vornado Realty Trust, Bain Capital, and KKR Co purchased Toys R Us in a leveraged[……]