Toys ‘R’ Us

10 Things to Know for Friday

March 16, 2018 (AP)(STLRealEstate.News) — Your daily look at late-breaking news, upcoming events and the stories that will be talked about Friday: 1. US SAYS RUSSIA HACKED ENERGY GRID The Trump administration accuses Moscow of a concerted hacking operation targeting the U.S. energy grid, aviation systems and other infrastructure. 2. BRIDGE COLLAPSES ONTO TRAFFIC A … Continue reading 10 Things to Know for Friday

Toys R Us’ liquidation will send ripples

NEW YORK/March 15, 2018 (AP)(STLRealEstate.News) — The likely liquidation of Toys R Us, the nation’s largest independent toy seller, could add stress for the companies that make toys and games, and mean changes for the owners of the strip malls where most of its stores are. Not to mention its impact on more than Toys R … Continue reading Toys R Us’ liquidation will send ripples

Without Toys R Us, 30,000 jobs, a black hole for toy makers

NEW YORK /March 15, 2018 (AP)(STL.News) — The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords. The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of … Continue reading Without Toys R Us, 30,000 jobs, a black hole for toy makers

Toys R Us is planning to liquidate its US operations

NEW YORK /March 14, 2018 (AP)(STL.News) — Toys R Us is headed toward shuttering its U.S. operations, jeopardize the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot. The closing of the company’s 740 U.S. stores … Continue reading Toys R Us is planning to liquidate its US operations

Toys R Us cites holiday “missteps,” says 182 stores to close

NEW YORK/January 24, 2018 (AP)(STL.News) — Toys R Us, a nostalgic favorite even as many shoppers moved to Amazon and huge chains like Walmart, plans to close up to 182 stores, or about 20 percent of its U.S. locations. The company that once dominated toy sales in the U.S. has been operating under bankruptcy protection since last … Continue reading Toys R Us cites holiday “missteps,” says 182 stores to close

Toys R Us, hobbled by competition, will shutter some stores

NEW YORK/January 24, 2018(AP)(STL.News)— Toys R Us, squeezed Amazon.com and huge chains like Walmart, will begin closing a number of its stores starting in February. Hobbled by $5 billion in debt, the company that once dominated toy sales in the U.S. filed for bankruptcy protection in September. Chairman and CEO Dave Brandon said in a … Continue reading Toys R Us, hobbled by competition, will shutter some stores

Toys ‘R’ Us files for bankruptcy but keeps stores open

NEW YORK/September 19, 2017 (AP)(STL.News) — Toys ‘R’ Us, the big box toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual. The company based in Wayne, New Jersey, … Continue reading Toys ‘R’ Us files for bankruptcy but keeps stores open