Edit ModuleShow Tags

Oh No! Toys “R” Us Is Bankrupt and Closing 12 NJ Stores

Toys "R" Us will close 12 of its New Jersey locations.


Courtesy of Toysrus.com/Facebook


You and the kiddos have likely heard the news: Toys “R” Us filed for bankruptcy and is planning to close some storefronts, including 12 in New Jersey. The Wayne-based company has approximately $5 billion of debt and will close around 180 locations as a result. How will this affect you, the shopper? Here, we answer your biggest questions:

Which New Jersey locations are closing?

Say goodbye to stores in these Garden State locations: Phillipsburg, Eatontown, Bridgewater, Union, North Brunswick, Burlington, Cherry Hill, Wayne, Paramus, East Hanover, Elizabeth and Mt. Olive.

When will stores close?

Closings will begin in February and continue through April, as well as going-out-of-business sales.

What about Babies "R" Us?

Some store locations will combine Toys "R" Us and Babies "R" Us locations.

Can I still use my gift cards?

Even if the Toys "R" Us location closest to you is shutting its doors, that doesn't mean your gift cards are invalid. You may have to travel farther, or stick to online shopping. According to Consumerist, you should use your gift cards as soon as possible because they may have no value very soon. The store filed for a “Chapter 11 Bankruptcy,” which may void the store’s past gift cards. Better safe than sorry: Make sure you get to Toys “R” Us while they’re valid so your kids can snag that toy.

Edit ModuleShow Tags

Archive »Related Content

Meet the Mom Boss: Priya Virmani

This Short Hills mom of two got her inspo to be a stylist from years of living in Paris.

Meet Up With Some of NJ’s Most Successful Mom Bosses at This Event

Join Hip NJ and New Jersey Family at Short Hills Mall for a free event celebrating modern motherhood.

How to Keep Bugs at Bay This Summer

Keep the kiddos bite-free this mosquito season.

5 Father's Day Gifts He'll Love

Skip the ties and macaroni art this year.

This NJ Beach Is at No. 2 on the List of the World’s 14 Best Beaches

MONEY Magazine ranked it above Myrtle Beach, VA and Long Beach, CA.

Add your comment: