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Toys 'R' Us Could Shut All U.S. Stores, Risking 33,000 Jobs

Toys 'R' Us Could Shut All U.S. Stores, Risking 33,000 Jobs
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Wednesday, 14 March 2018 06:15 PM

Toys 'R' Us Inc will sell or close all its U.S. stores in the coming months, risking up to 33,000 jobs, the Wall Street Journal reported on Wednesday.

The announcement was made to workers by Chief Executive David Brandon at the toy-store chain's Wayne, New Jersey headquarters, the Journal said http://on.wsj.com/2tPultm.

The closure of Toys 'R' Us would be a blow to generations of consumers and hundreds of toy makers that sold their products at the chain's 885 U.S. locations, including Barbie maker Mattel Inc, board game company Hasbro Inc and other large vendors such as Lego.

© 2018 Thomson/Reuters. All rights reserved.

   
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Toys 'R' Us Inc will sell or close all its U.S. stores in the coming months, risking up to 33,000 jobs, the Wall Street Journal reported on Wednesday.
toys r us, jobs, close, stores
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2018-15-14
Wednesday, 14 March 2018 06:15 PM
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