Toys R Us is planning to liquidate its US operations

  • This Jan. 24, 2018, file photo shows a person walking near the entrance to a Toys R Us store, in Wayne, N.J. Toys R Us’s management has told its employees that it will sell or close all of its U.S. stores. That’s according to a toy industry analyst who spoke to several employees who were on the call Wednesday, March 14, 2018. Jim Silver, a toy industry expert, says Toys R Us’s CEO told employees the plan is to liquidate all of its U.S. stores and after that, it could do a deal with its Canadian operation to run some of its U.S. stores. The company declined to comment. (AP Photo/Julio Cortez, File)

NEW YORK — Toys R Us is headed toward shuttering its U.S. operations, jeopardize 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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