Toys ‘R’ Us closes 20 percent of US stores, including Babies ‘R’ Us locations

Following a declaration of bankruptcy in September, Toys ‘R’ Us plans to close as many as 182 outlets across the country in early 2018. Lawyers for the retailer say shutting down the stores is due to increased market competition and sales hurt by online shopping. Court approval is needed for the closures, which CEO Dave…

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