Toys "R" Us Says It Will Close Every US Store
CONFIRMED82% CONFIDENCEThe announcement that the US business would liquidate was made on 15 March 2018, the date carried by the company's own statement and contemporaneous reporting.[1]
The chain told its staff it would wind down or sell all 735 of its US stores, ending a company that had defined the category-killer format for forty years. A leveraged buyout in 2005 left it carrying about $5bn of debt it never worked off.
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