Toys “R” Us plans to close more than 180 U.S. stores

Toys “R” Us is planning to shutter a fifth of its U.S. stores.

The troubled retailer, which declared bankruptcy in September, is looking to close down as many as 182 outlets across the country, according to a court filing late Tuesday.

The news comes after a brutal year for retailers in the U.S. in which store closings across the country hit a record.

Over nearly seven decades in business, Toys “R” Us has built up 1,600 stores around the world. About 880 of them are in the U.S.

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