It's True: Johnson City Toys R Us Store is Hiring

Posted March 21, 2018

Amazon is understood to be mulling an expansion into former Toys R Us sites across the U.S. as the toy retailer begins its final wind down. The company's acquisition of Whole Foods past year added 450 locations and it's also opening a small line of bookstores and expanding its line of cashless convenience stores.

Read the Bloomberg story here.

Back in late January, the company announced plans to close just 170 Toys R Us and Babies R Us stores. The meeting has been called to help allay fears among Whole Foods suppliers as the grocery store undergoes changes under its new owner.

It could also provide physical store, floor space to showcase and sell its popular Echo range of tech.

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All 740 Toys R Us stores in the USA will close. In 2015, Amazon held discussions about acquiring some RadioShack locations around the time of the electronics retailer's bankruptcy filing, people familiar with the matter said.

We have a follow up involving a popular toy store going out of business.

Toys "R" Us was the last remaining specialty toy retailer in the United States and hundreds of companies relied on it as a showcase for innovative toys as well as classics.

Toys "R" Us has 735 stores nationwide, including one in Terre Haute.

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Toys "R" Us' Canadian operation has reportedly received multiple bids.

"We have a $14-$15m payment due that hasn't been paid", Isaac Larian, chief executive of Bratz dolls maker MGA Entertainment, said.

They plan to have their stores up and running before Christmas.

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