New story in Business from Time: Toys ‘R’ Us Will Close Nearly 200 Stores Across the U.S.

Toys “R” Us is planning on closing nearly 200 stores as part of a restructuring plan the company hopes will help lift it from bankruptcy. The popular toy store chain has an outline to close 182 stores across the U.S. — about one-fifth of its store fleet — with going-out-of-business sales planned from February to …

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