(WWJ) – The kids may not wanna grow up, but they’ll still have to do it — and without Toys ‘R’ Us.

The retailer is expected to announce this week that it’s liquidating its entire U.S. operation, going out of business, and closing all of its 620 remaining stores.

In January, Toys ‘R’ Us announced that it would close 20 percent of its U.S. stores, or 180 locations (including multiple stores in Michigan), within months. Squeezed by giants Amazon.com and Walmart, and hobbled by $5 billion in debt, the retailer that once dominated toy sales in the U.S. filed for bankruptcy protection back in September.

Reports say