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Toymakers brace for disruption from closing of Toys R Us stores

Toymakers brace for disruption from closing of Toys R Us stores Toymakers big and small braced for severe disruption as bankrupt retailer Toys R Us Inc. confirmed Thursday that it plans to liquidate its U.S. business. Toys R Us, which for decades was the nation's go-to store for toys and games, said it plans to shutter all 735 stores in the United States and Puerto Rico, including 22 in the greater Los Angeles area and 87 in California overall. The move jeopardizes 33,000 jobs at Toys R Us, or an average of 45 employees per store, which means job losses in California could total 3,900. The Wayne, N.J., company said it was in talks with unidentified parties for possibly combining up to 200 of its top-performing U.S. stores with its Canadian operations but would continue winding down its U.S. locations in the meantime. Toys R Us also is pursuing a sale of the Canadian unit, along with its operations in Asia and Central Europe, and it's looking e