Closing Time Looms for All Toys R Us Stores
The already-bleak situation for the Toys R Us retail chain is getting grimmer amid reports the company is preparing to shut down all of its remaining stores.
Only two weeks ago, the company was said to be getting ready to close 200 more stores across the country. Toys R Us in January had announced it was going to shut down 182 locations, including five in upstate New York.
Workers at the store on Harry L Drive in Johnson City haven't been told what to expect about the future of that location.
Toys R Us now has about 800 stores in the United States. The company filed for bankruptcy protection less than six ago.
Toys R Us executives had hoped a major restructuring of operations could keep the 70-year-old company alive but that effort was dealt a blow by poor sales during the holiday shopping season.