Toys R Us stores in Framingham, Northborough on closing list, records show

Toys R Us, squeezed Amazon.com and huge chains like Walmart, will begin closing a number of its stores starting in February.

Hobbled by $5 billion in debt, the company that once dominated toy sales in the U.S. filed for bankruptcy protection in September.

Court documents indicate Millbury, Northboro and Framingham are on the list of those slated to close. The Auburn store is not on the list. The Millbury location is a Babies R Us.

Chairman and CEO Dave Brandon said in a letter Wednesday that tough decisions are required to save Toys R Us.

The letter also didn’t disclose how many stores would be closed and the company did not immediately return a message seeking details.

Brandon said that the majority the targeted stores will be closed by mid-April and that there will be deep discounts at those locations.

Toys R Us is based in Wayne, New Jersey.

 

Wednesday

Telegram staff and wire reports

Toys R Us, squeezed Amazon.com and huge chains like Walmart, will begin closing a number of its stores starting in February.

Hobbled by $5 billion in debt, the company that once dominated toy sales in the U.S. filed for bankruptcy protection in September.

Court documents indicate Millbury, Northboro and Framingham are on the list of those slated to close. The Auburn store is not on the list. The Millbury location is a Babies R Us.

Chairman and CEO Dave Brandon said in a letter Wednesday that tough decisions are required to save Toys R Us.

The letter also didn’t disclose how many stores would be closed and the company did not immediately return a message seeking details.

Brandon said that the majority the targeted stores will be closed by mid-April and that there will be deep discounts at those locations.

Toys R Us is based in Wayne, New Jersey.

 

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