Everything Must Go: NJ Toys R Us, Babies R Us Closing Sale On Now

WAYNE, NJ — Retailer Toys R Us' kicked off its going-out-of-business sale at about 170 stores nationwide, including 11 in New Jersey, the company confirmed.

Stores are offering discounts of up to 30 percent off. Store furniture and fixtures are also available to purchase.

Closing stores will continue to honor customer programs, including gift cards, Endless Earnings and credit card specials, the company confirmed.

Here are the New Jersey locations, which also includes Babies R Us stores, that are holding liquidation sales:

• Phillipsburg 1280 Route 22 and St. James Ave.
• Bridgewater 100 Promenade Boulevard
• Union 2700 Route 22 East
• North Brunswick 909 US Highway 1 South
• Burlington Route 541 and Cadillac Road
• Cherry Hill 2135 Route 38
• Wayne 7 Wayne Hills Mall
• Paramus 545 Route 17 South
• East Hanover 98 Route 10 West
• Elizabeth-KidsWorld 900 Center Drive
• Mount Olive 50 International Drive South

The closing sales are being operated by a special consortium.

The Wayne-based Toys R Us filed for bankruptcy in September amid slumping sales and mounting debt, which grew to about $5 billion. The once-popular chain faced increasing competition from Amazon, Walmart and Target. The chain was set to close about 180 of its stores, or about 20 percent.

A federal bankruptcy judge ruled late last year that Toys R Us may pay 17 executives about $14 million in incentive bonuses if it hits a certain earnings amount. Attorneys representing the company argued that the bonuses would help executives focus on increasing sales during the past holiday season.

Related: Toys R Us Closing 12 New Jersey Stores

With reporting by Kara Seymour and Eric Heyl, Patch Staff

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Photo: Getty Images