Toys 'R' Us demise means 30,000 jobs, black hole for toy makers

356 views · Published 15 March 2018 · 1:41 · Indexed 6 November 2026

Channel: Eyewitness News ABC7NY · 2018 · News & Politics

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The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.

The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.

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