Toys ‘R’ Us announced this week closure of 182 stores. The retailer filed for bankruptcy back in September 2017, reported CNN Money.
When we contacted the CoolSprings location of Toys ‘R’ Us (1735 Galleria Boulevard) a store employee told us they weren’t aware of the Franklin location closing anytime soon. Babies ‘R’ Us store located on Nolensville Pike in Nashville will be closing.
Currently, there are 880 stores in the US. The closures will begin in Feb. after court approval and be completed by April.
In a letter to customers on the Toys ‘R’ Us website, CEO Dave Brandon says, “The reinvention of our brands requires that we make tough decisions about our priorities and focus,” he continued, “To that end and following a top-to-bottom assessment of our business, we have decided to close a number of our U.S. stores.”
Some stores will be co-branded as Toys ‘R’ Us and Babies ‘R’ Us.
“While our store roster may be getting smaller, what is not changing is our desire or commitment to serving you,” Brandon stated. “For the past 70 years, we have worked hard to earn your business and look forward to being champions of play and a best friend to parents everywhere for decades to come.”