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Toys "R" Us to close or sell all of its U.S. stores

Toys "R" Us is expected to start court proceedings to liquidate as soon as Thursday, the retailer's CEO told employees. The company could possibly close all of its 850 stores in the U.S. and lay off up to 33,000 workers.
Source: Toys "R" Us to close or sell all of its U.S. stores

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