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More closures for Toys 'R' Us

Published 02/22/2018, 02:36 AM
Updated 02/22/2018, 02:36 AM
© Reuters.  More closures for Toys 'R' Us
  • Toys "R" Us plans to close another 200 stores and lay off a significant portion of its corporate staff following a disappointing holiday sales season, WSJ reports.
  • The latest wave - which follows 180 closures announced in January - would cut nearly in half the number of U.S. stores it had before its bankruptcy filing.
  • Toymakers like JAKKS Pacific (NASDAQ:JAKK), Mattel (NASDAQ:MAT) and Hasbro (NASDAQ:HAS) are watching.
  • Now read: Long Idea Highlights And Lowlights From 2017


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