15-03-2018 00:16 via ocregister.com

Toys R Us will close or sell all U.S. stores

Toys R Us’s management has told its employees that it will sell or close all of its U.S. stores, according to a toy industry analyst who spoke to several employees who were on the call Wednesday.
Jim Silver, a New York-based long-time toy industry expert, says Toys R Us’s CEO David Brandon told employees the company’s plan is to liquidate all of its U.S. stores and after that, it could do a deal with its Canadian operation to run some of the U.S. stores.
The Wayne, New Jersey-b
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