Toys R Us sets auction date for store leases amid uncertainty about its future (NorthJersey.com)

March 1, 2018

Toys R Us plans to auction off the leases for 157 stores — the first stores it has target for closing as it struggles to emerge from bankruptcy — on March 29.

The retailer is preparing to sell the leases on those stores, which are part of a group of 182 targeted stores announced in January, amid growing speculation that it will be announcing hundreds of additional store closings.

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