Toys R Us closed its iconic Times Square store yesterday after 14 years as rent costs ballooned more than five times to more than $42million per year for the ground-floor space alone
My 4 year old didn't believe Mom and Dad that Toys R Us was closed so we took him there so he could see for himself. He tried yelling, knocking, kicking, and even my car keys trying to get into Toys R Us.
The following is a partial list of Toys R Us store closings. The company has not released a complete list; this list is taken from various local news reports. This list will be added to as additional closings come to light.
NEW YORK (AP) — Toys R Us is closing its iconic FAO Schwarz store, citing the high and rising costs of running the retail space on New York City’s pricey Fifth Avenue.