Being $5 million in debt, the toy company that once dominated toy sales in the United States filed for bankruptcy protection back in September. Chairman and CEO, Dave Brandon said in a letter that
“very tough decisions are being required in order to save Toys R’ Us.”
As well as this, he also said that the majority of the targeted stores will be closed mid-April and that there will be very big discounts at those store locations. Locally, the store on 9730 Katy Freeway is on the closures list. Seven more locations in Texas are also being planned to close.