Network Toys "R" Us may close all stores in the US next week

Bankrupt known chain stores Toys Toys 'R' Us next week can close all of its stores in the US, writes CBS.

Фото: Depositphotos

The company is trying in every way to reorganize and balance its huge debts. Last year, the company filed for bankruptcy and in January announced the closure of some 180 stores.

Representative Toys 'R' declined to comment on rumors about the liquidation of stores.

Recall guide Toys 'R' has applied on bankruptcy protection to restructure long-term debt in the amount of 5 billion dollars.

The US retail industry, with an annual turnover of about $ 5 trillion, has experienced a strong decline in the past few years. Since October, 2016, more than 100, thousands of retail workers have lost their jobs due to the closure of stores or the reduction in company spending.

Since the beginning of 2017, many retailers in the United States have announced the closure of stores, among them Sears, JC Penney, Payless Shoe Sourceand Ralph Loren flagship store in New York, a wave of store closures continues Macy's.

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