Following today’s report, Toys’R’Us executives have contacted employees to report that they’re closing all their remaining stores in the US. According to the Wall Street Journal, 33,000 jobs are at risk and the company is expected to file for liquidation this evening ahead of its bankruptcy court hearing on Thursday.
We’ll be sure to follow-up as more information is available. It’s unfortunate news and we send our condolences to the families affected by this.
