After more than 70 years in business, Toys R Us has confirmed to close or sell all of it’s more than 800 stores in the US.
Do you have a Toys R Us gift card or Reward? Be sure to use it within the next 30 days or as soon as possible! Stores are slated to close as soon as this week. Gift cards along with Rewards dollars and Endless Earnings are being honored for the next 30 days.
The company declared bankruptcy in September of 2017. The retailer disclosed it had about $5 billion in debt and was spending about $400 million a year just to service that debt.
As many as 33,000 employees may lose their job due to the closing of stores.