• Toys R Us is preparing to potentially close all of its US stores as part of a liquidation, according to several reports.
  • Blowout clearance sales at its roughly 800 stores could begin within a matter of weeks, according to Corali Lopez-Castro, a bankruptcy lawyer and managing partner at Kozyak Tropin and Throckmorton.

Toys R Us is preparing to potentially close all of its US stores after weak holiday sales thwarted its plans to restructure the business through bankruptcy proceedings, according to several media reports.

That means blowout liquidation sales at its roughly 800 stores could begin within a matter of weeks, according to Corali Lopez-Castro, a bankruptcy lawyer and managing partner at…