Local News


Babies "R" Us closing Las Vegas stores

Posted at 6:58 AM, Jan 24, 2018
and last updated 2018-01-24 10:34:14-05

UPDATE: Due to financial troubles and a recent bankruptcy, Toys "R" Us has decided to shut down two Las Vegas Babies "R" Us locations as a part of their nationwide closures.

The Babies "R" Us locations on Rainbow and Lake Mead boulevards and Rainbow Boulevard and the 215 beltway will close in the coming weeks.

No Las Vegas Toys "R" Us locations have been impacted by the closures.

ORIGINAL STORY: Toys "R" Us, squeezed by Amazon.com and huge chains like Walmart, will begin closing a number of its stores starting in February.

Hobbled by $5 billion in debt, the company that once dominated toy sales in the U.S. filed for bankruptcy protection in September.

Chairman and CEO Dave Brandon said in a letter Wednesday that tough decisions are required to save Toys "R" Us.

The letter also didn't disclose how many stores would be closed and the company did not immediately return a message seeking details.

Brandon said that the majority the targeted stores will be closed by mid-April and that there will be deep discounts at those locations.

Toys "R" Us is based in Wayne, New Jersey.