Toys R Us Just Made 182 'Tough Decisions'

That's the number of US stores it may close
By Newser Editors,  Newser Staff
Posted Jan 24, 2018 8:21 AM CST
In this Sept. 19, 2017, file photo, shoppers walk into a Toys R Us store, in San Antonio.   (AP Photo/Eric Gay, File)

(Newser) – "The reinvention of our brands requires that we make tough decisions," says Toys R Us CEO David Brandon. The company has just made 182 of them. That's the number of US stores it may close—so long as it gets the OK from bankruptcy court, and if it can't agree on more favorable lease terms at select locations—between February and mid-April, reports USA Today. That represents about 20% of its US presence, reports CNBC, and would mean reducing its footprint by 6.9 million square feet. The AP reports Brandon said to expect deep discounts at the closing locations. See the full list of stores in the crosshairs here. The company filed for Chapter 11 bankruptcy protection in September.

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