AP
- Toys R Us is reportedly planning to close another 200 stores, as well as lay off a “significant portion” of corporate workers.
- The toy retailer already announced plans to close roughly 182 stores across the US.
- Toys R Us filed for bankruptcy in September, after struggling to compete with budget retailers like Walmart and e-commerce giants like Amazon.
Toys R Us is reportedly planning to close another 200 stores and lay off more workers.
The retailer plans to close an additional 200 locations and lay off “a significant portion of its corporate staff,” people familiar with the matter told The Wall Street Journal. See the rest of the story at Business Insider
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