Toys R Us Closing At Least 100 U.S. Stores: Report

Citing lower than usual holiday sales, Toys R Us says it may close at least 100 United States, according to a report by Bloomberg. Sales in the United States are down 15 percent this holiday shopping season compared to last year, according to the report, citing people with knowledge of the situation.

Toys R Us has 10 Wisconsin locations. It is not known at this time whether any of them are slated for closure. Below is a list of the 10 Wisconsin store. Click on each location for more information.

• Brookfield, WI
• Green Bay, WI
• Greendale, WI
• Janesville, WI
• Johnson Creek, WI
• Madison, WI
• Milwaukee, WI
• Onalaska, WI
• Pleasant Prairie, WI
• Racine, WI

The closings are the latest in a series of rough news for the once-dominant giant since it filed for Chapter 11 bankruptcy protection in September. Toys R Us operates 879 retail stores in the United States, according to Bloomberg, citing the company's latest annual report.

Toys R Us has struggled to compete with online retail giant Amazon and stores like Walmart, the New York Times reported, and owes about $5 billion in debt. The company has a $400 million debt payment due next year and was "burning through cash," the Times reported, and hired law firm Kirkland & Ellis to devise a strategy moving forward.

Story by Daniel Hubbard, Patch staff
Patch File Photo