Toys"R"Us, Inc. considering closing 200 stores

According to Bloomberg, Toys R Us is considering closing 100 to 200 stores in the United States. Bloomberg adds that the news is due to sales during the critical holiday season being 15% lower compared to 2016. A spokeswoman for Toys R US has referred to the report as "speculation," adding, "Final decisions about our real estate portfolio will be done only after careful consideration about the best interests of our business.

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