Hobby Lobby May Take Up Shop In Former Toys R Us Stores
PYMNTS
JULY 6, 2018
based assets, the toy retailer planned to shutter its brick-and-mortar locations by June 29. Some locations were to close earlier, while the company’s eCommerce operations have been already closed for about three months, Fortune reported. Since a leveraged buyout, Toys R Us has been burdened with over $5 billion in debt.
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