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March 16, 2018

Demise of Toys R Us leaves some big holes

  • Toy makers, toy shoppers and landlords who depended on the chain will now have to scramble for alternatives.
    • By ANNE D'INNOCENZIO
    AP Retail Writer

    NEW YORK — The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.

    The 70-year-old retailer sought court approval Thursday to liquidate its remaining 735 stores, eliminating the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.


     
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