Everything Must Go: Brookfield, Madison Toys 'R Us Closing Sales

Retailer Toys R Us' kicked off its going-out-of-business sale at about 170 stores nationwide, including ones in Brookfield and Madison, the company has confirmed.

According to reports, 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 Wisconsin locations, which also includes Babies R Us stores, that are holding liquidation sales:

• 18550 W. Bluemound Rd., Brookfield WI
• 2161 Zeier Road, Madison WI

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:

2 Wisconsin Toys R Us Stores To Close

With reporting by Kara Seymour and Eric Heyl, Patch Staff

Photo: Getty Images