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Toys 'R' Us to close all U.S. stores, report says

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(Leon Neal / Getty Images)


MIAMI – After failing to find a buyer, Toys "R" Us will close all 800 of its U.S. stores.

The Washington Post reports the closings will come and affect as many as 33,000 jobs.

Fortune reported earlier this week the shutdown of U.S. operations was a "fluid" situation, but closing all the company's stores is becoming likely.

The company had previously announced plans to close 182 U.S. stores, including ones in Coral Springs and Royal Palm Beach, after entering bankruptcy in September. The closings would affect a fifth of the Toys "R" Us stores in the country.

Poor sales during the holidays deepened worries that the company could not turn itself around