Toys R Us to sell or close all stores in United States Company plans to file liquidation papers Wednesday night
Toys "R" Us is planning to sell or close all of its stores across the country. (WDIV)
DETROIT – Toys R Us is planning to sell or close all 800 of its stores across the country, including Babies R Us.
According to the Wall Street Journal, CEO David Brandon said the company plans to file liquidation papers Wednesday night in advance of a bankruptcy hearing Thursday.
The news comes six months after the retailer filed for Chapter 11 bankruptcy.
The closures are expected to happen over time and will affect as many as 33,000 employees.
Copyright 2018 by WDIV ClickOnDetroit - All rights reserved.
About the Author Derick Hutchinson headshot
Derick is the Lead Digital Editor for ClickOnDetroit and has been with Local 4 News since April 2013. Derick specializes in breaking news, crime and local sports.
Tolls on Ambassador Bridge to increase Jan 1 ▶ 0:45
Tolls on Ambassador Bridge to increase Jan 1
Coyote carrying dinner seen in Oakland County ▶ 0:13
Coyote carrying dinner seen in Oakland County
The Great Lake that wasn't: Lake Champlain ▶ 1:49
The Great Lake that wasn't: Lake Champlain
Detroit Family Dollar video sparks shoplifting response ▶ 0:27
Detroit Family Dollar video sparks shoplifting response
Local elementary school principal rings bell after completing chemotherapy treatments ▶ 2:17
Local elementary school principal rings bell after completing chemotherapy treatments
'Evil, sadistic' Oakland County doctor sentenced ▶ 1:21
'Evil, sadistic' Oakland County doctor sentenced
$1K reward for info in Detroit home invasion ▶ 0:25
$1K reward for info in Detroit home invasion
Sights and sounds of shoppers on Black Friday inside Somerset Collection ▶ 0:53
Sights and sounds of shoppers on Black Friday inside Somerset Collection
What are you thankful for this Thanksgving? ▶ 1:39
What are you thankful for this Thanksgving?
Why do the Detroit Lions play on Thanksgiving? ▶ 1:10
Why do the Detroit Lions play on Thanksgiving?
More audio from secret recording of Campbell's VP ▶ 1:11
More audio from secret recording of Campbell's VP
Police seek suspect in Partridge Creek shooting ▶ 0:32
Police seek suspect in Partridge Creek shooting
Red-Tailed Hawk released ▶ 0:17
Red-Tailed Hawk released
Sterling Heights officer saves infant from choking ▶ 1:41
Sterling Heights officer saves infant from choking
Amazon launches drone delivery in Metro Detroit ▶ 1:29
Amazon launches drone delivery in Metro Detroit
Trump signs Epstein transparency act ▶ 0:33
Trump signs Epstein transparency act
Detroit woman finds gator in son's room ▶ 0:28
Detroit woman finds gator in son's room
Old Belle Isle Zoo demolition underway ▶ 1:33
Old Belle Isle Zoo demolition underway
Wayne County man stops at casino after police chase ▶ 1:49
Wayne County man stops at casino after police chase
House votes to release Epstein files ▶ 1:09
House votes to release Epstein files
FBI links Dearborn raid to 2021 Westland shooting ▶ 0:35
FBI links Dearborn raid to 2021 Westland shooting
Deputy fires weapon in traffic stop; suspect held ▶ 0:33
Deputy fires weapon in traffic stop; suspect held
Suspected gunman shot after carjacking, chase, crash ▶ 0:49
Suspected gunman shot after carjacking, chase, crash
Skelton brothers' father charged with murder ▶ 1:16
Skelton brothers' father charged with murder
Epstein emails discuss Trump and victim, say Dems ▶ 0:39
Epstein emails discuss Trump and victim, say Dems
Previous photo Next photo