Business & Tech
Liquidation Sale At Cherry Hill Toys R Us Begins Thursday
Details about the sale weren't available because the terms of the sale are up to the liquidation company.

CHERRY HILL, NJ — Following the news that Toys R Us will close all, or most, of its hundreds of U.S stores, an associate at the Cherry Hill store confirmed that store’s liquidation sale begins Thursday, March 22. Details about the sale weren’t available because the terms of the sale are up to the liquidation company.
The Cherry Hill store is located at 500 Route 38. It is currently open until 9:30 p.m., Monday through Saturday, and 10 a.m. to 8 p.m. on Sunday.
Last week, the company confirmed reports that it will be "winding down" operations and sell or close 735 U.S. stores. The announcement comes about six weeks after Toys R Us confirmed that it would close about 180 of its U.S. stores, including 11 in New Jersey. This includes the Cherry Hill Babies R Us at 2135 Route 38.
Find out what's happening in Cherry Hillfor free with the latest updates from Patch.
That announcement came six months after it filed for Chapter 11 bankruptcy protection in federal court. Weak holiday sales are to blame for the chain’s ultimate demise, according to a CNBC report.
Toys R Us is studying one proposal that could keep the business alive and keep open roughly 200 U.S. and Canadian stores open after the retailer liquidates, the company said in a press release issued Wednesday.
Find out what's happening in Cherry Hillfor free with the latest updates from Patch.
With reporting by Daniel Hubbard, Patch Staff
Photo: Getty Images
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.