March 14 (UPI) -- Toy retailer Toys 'R' Us told employees Wednesday it plans to close all of its stores in the United States, affecting as many as 33,000 jobs.
CEO David Brandon notified employees at the company's Wayne, N.J., headquarters about the closure of its approximately 800 U.S. stores as it plans to file liquidation papers Wednesday evening prior to a bankruptcy court hearing on Thursday, the Wall Street Journal reported.