NPR

Game Over For Toys R Us: Chain Going Out Of Business

Toys R Us plans to close or sell all U.S. stores. The chain has struggled through a bankruptcy process, facing heavy debt inherited from a 2005 buyout and intense competition from Walmart and Amazon.
Numerous locations of Toys R Us, including this one in London, are offering going-out-of-business sales.

Updated at 7:10 p.m. ET

After decades of being the go-to toy store for many Americans, Toys R Us is officially going out of business. Unable to get its finances in order through a months-long bankruptcy process, the retail chain has reached the end of the line.

Toys R Us has informed employees that the company plans to sell or close all of its U.S. stores, according to a person familiar with the plans

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