Toys “R” Us liquidation sales are expected to start on Friday.
A company spokesperson told CNNMoney sales are likely to start on Friday. The retailer will shut or sell all of its 735 U.S. stores. Customers should use any gift cards before April 20.
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Toys ‘R’ Us, Inc. voluntarily filed for relief under Chapter 11, in September 2017. Toys R Us was $5 billion in debt, as of April 29. At the time of bankruptcy, the company said it would close about one-fifth of its store locations. Closing sales are expected to conclude in April.
Approximately 31,000 employees will ultimately be laid off due to the store closings. The retailer has locations in Miami Twp. and Beavercreek.
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