Toys R Us Leaving Times Square Flagship
Toys R Us will not be renewing the lease for its flagship store at 1514 Broadway when it expires in 2016.
Toys R Us will not be renewing the lease for its flagship store at 1514 Broadway when it expires in 2016.
Toys "R" Us hopes to boost sales by reinventing itself.
After weeks of speculation, Toys R Us has officially filed for bankruptcy protection.
Despite attempts to keep stores open, Toys R Us may be forced to shutter up to 200 stores across the U.S.
Toys R Us is shuttering 180 stores across the US.
Toys R Us will be shuttering an estimated 180 stores in an effort to emerge from bankruptcy.
Toys R Us will close an additional 200 stores and lay off thousands of employees to emerge from bankruptcy.
CEO David Brandon said the chain will shutter or sell all U.S. locations in the next several months.
After a number of failed attempts to emerge from bankruptcy, the toy maker may be forced to liquidate its entire U.S. operations.
Toys R Us has reportedly rejected an $890M bid from MGA Entertainment CEO Isaac Larian to acquire stores in U.S. and Canada and keep them open.
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