Toys "R" Us is planning to close 200 more stores, according to the Wall Street Journal.
New Jersey-based Toys R Us announced that it had filed for bankruptcy protections on January 23.
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There is no list of stores expected to close in the new round yet.
Read the complete Wall Street Journal report here (subscriber content).
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To go along with the report of Toys R Us closing more stores is talk about what it plans to do with its employees.
Record has learned that Toys R Us plans to hold a staff meeting today at its Wayne headquarters.
Toys "R" Us has struggled with debt since private-equity firms Bain Capital, KKR & Co. and Vornado Realty Trust took it private in a $6.6 billion leveraged buyout in 2005.
The Journal cites people familiar with the matter who said that the additional store closures are connected to disappointing holiday sales.