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Toys 'R' Us to shut about 180 US stores in bid to exit bankruptcy

Published Wed, Jan 24, 2018 · 09:50 PM
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New York

TOYS "R" Us Inc is planning to close about 180 US stores as part of a reorganisation plan to emerge from its September bankruptcy, according to a court filing.

The move to shutter about 20 per cent of its US store base, which needs court approval, comes four months after the world's largest toy chain filed for protection from its creditors, a response to years of lacklustre results and an…

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