Toys R Us 'set to close all US stores'

Toys R Us 'set to close all US stores'

Toys R Us is set to close or sell all of its 885 stores in the US in the coming months, US media have reported.
That move would put about 33,000 jobs at risk.
The giant toy-store chain was already in the process of closing one fifth of its shops as part of efforts to emerge from one of the largest ever bankruptcies by a specialty retailer.
Toys R Us said earlier that all its stores in the UK will close in the next six weeks.
"I have always believed that this brand and this business should exist in the US," chief executive David Brandon said on a conference call with staff, the... read more

15 March 2018 in Business, Views: 64
Source: BBC

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