CONFIRMED: Toys R Us & Babies R Us OFFICIALLY closing all US Stores
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.
© Simple Coupon Deals, Inc. simplecoupondeals.com 2018
Unauthorized use and/or duplication of this material without express and written permission from this site's author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Simple Coupon Deals, Inc. and simplecoupondeals.com with appropriate and specific direction to the original content.
This post may contain affiliate links or sponsored content. See Disclosure Policy. Simple Coupon Deals, Inc is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.