Report: Toys R Us to sell or close all stores

(WYTV) – Toys ‘R’ Us IS telling employees Wednesday it will sell or close all stores.

The Wall Street Journal reports that the company plans to file liquidation papers in bankruptcy court later Wednesday evening.

A hearing is set for Thursday, and 33,000 jobs could be lost nationwide.

Locally, Toys ‘R’ Us has locations in Boardman and at the Eastwood Mall.