The retail apocalypse is ripping through America, with more than 5,300 store closures announced so far in 2019.
Toys R Us completed the process of liquidating all of its 735 US locations following an unsuccessful attempt to restructure the business through bankruptcy in 2018.Toys R Us won't be the last retailer that dies as the retail apocalypse rips through the US.
At least 16 major US retailers filed for bankruptcy or announced liquidations in 2018, including Claire's, Nine West, and The Bon-Ton StoresPayless, Gymboree, and Charlotte Russe are among the companies that have filed for bankruptcy and announced full or partial liquidations so far in 2019.
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