In early February, Diane Zaccagna learned that the Bed Bath & Beyond store in New Jersey where she had been working for 18 and a half years was closing and she would be laid off.
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Toys R Us’ long-awaited comeback is finally official. Its owner, Tru Kids Brands, announced Thursday that Toys R Us is being reborn in the United States with two new stores. The return comes more than a year after the chain collapsed, resulting in the closure of all 700 of its American stores. The new stores will […]
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Two of the former owners of Toys “R” Us have agreed to pay $20 million to help laid-off employees. Bain Capital and KKR, private equity firms that owned part of the toy retailer, set up a severance fund to pay former workers who lost their jobs when the company closed its stores. The third owner, […]
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There may be a second act for Toys R Us, the retail wonderland for children that turned out the lights at hundreds of stores for what was thought to be the final time over the summer. After joining the parade of retailers that never recovered from the recession and radical changes in the way Americans […]
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Just one day before a North Carolina Toys R Us location was set to close for good, an anonymous person bought $1 million worth of the remaining toys to donate to children in need. WNCN reports staff at the Raleigh store would instead spend the final day in operation boxing up the few remaining toys left […]
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Indio, CA The Toys R Us location in Indio is just one of the 182 stores across the country that will be closing. The toy retailer filed for bankruptcy protection last September. However, while the Coachella Valley will no longer have a Toys R Us location, other businesses in Indio are about to open. Related: Fire Destroys Business at Indio Strip […]