Sarah Halzack, Columnist

Toys 'R' Us Is a How-Not-To Guide for the Retail Business

It's a cautionary tale about LBOs and strategic shortsightedness.
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Toys “R” Us Inc. is officially packing up its playroom.

The retailer said Thursday it intends to liquidate its U.S. business and shutter all of its 735 domestic toy stores and Babies "R" Us stores. It is exploring a reorganization and sale of its Canada division and other international operations.