Toys'R'Us faces more closures

Toys'R'Us faces more closures
By Emily Commander
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American retail giant, Toys'R'Us has announced store closures in the US over the coming months on top of those in the UK over the next six weeks. Other global locations are expected to follow suit.


US retail giant Toys 'R' Us says it will sell or close all its American stores in coming months, a move that puts up to 33,000 jobs in jeopardy.

It had already announced that it would close its UK operations in the next six weeks, putting some 3,000 people out of work.

The 70-year-old toy store chain filed for bankruptcy in September.

The company is expected to go into liquidation in France, Spain, Poland and Australia and to sell its operations in Central Europe, Canada and Asia.

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