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