Bankrupt retailer Toys "R" Us may shut all its US stores as soon as next week, according to several reports. A spokesperson for Toys "R" Us declined to comment on the liquidation chatter. Toys "R" Us recently went into administration in the UK, paving the path for stores there to shut their doors. According to recent regulatory filings from both companies, Toys "R" Us accounted for nearly 10% of the companies' overall sales. Toys "R" Us is the last megastore dedicated to toys.

Source: CNN March 09, 2018 17:15 UTC