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Toys 'R' Us Shutting Down All U.S. Stores?

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News video: Toys 'R' Us Shutting Down All U.S. Stores?

According to The Wall Street Journal, Toys ‘R’ Us will sell or close all its U.S.

stores in the coming months, risking over 33,000 jobs.

The announcement was made to workers on Wednesday by Toys 'R' Us Chief Executive David Brandon at the chain's main headquarters in Wayne, New Jersey.

The closures are also expected to be a blow to hundreds of toy makers that have sold their products at the chain’s nearly 900 U.S. locations, including Mattel, Hasbro, and Lego..

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