Thursday, March 15, 2018

Toys R Us will close all stores, 33,000 American jobs at stake

Toys R Us Inc. told employees Wednesday that the struggling retailer will sell or close all its U.S. stores. “I have always believed that this brand and this business should exist in the U.S.,” CEO David Brandon said on conference call with staff. He called out vendors who failed to support the retailer during the holidays, and customers who shopped elsewhere, believing they “will all live to regret what’s happening here.“ The collapse threatens up to 33,000 American jobs in the coming…



from https://www.bizjournals.com/baltimore/news/2018/03/15/toys-r-us-will-close-all-stores-33-000-american.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171896742322

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