Toys R Us is closing or selling all of its over 800 remaining US stores, according to a report from the Washington Post, signaling an end of an era for the famous toy store. The news was apparently announced to workers today by CEO David Brandon ahead of a bankruptcy court hearing on March 15th.
In a later conference call with staff, Brandon apparently pinned the blame on vendors and customers who failed to support Toys R Us during the holiday season — typically the busiest and most lucrative time of year for the company — ominously intoning that they “will all live to regret what’s happening here.”
It’s not only US stores that are likely to be affected — stores in France, Spain, Poland and Australia will likely be…
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