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USA - Economy - Holiday Shoppers

Source: Ramin Talaie / Getty

Hobbled by $5 billion in debt, Toys R Us has fallen in sales to giants like Amazon.com and chain stores like Walmart, will now close 20 percent of its U.S. stores which comes close to 180 locations in the next few months.

The Toys-R-Us company filed for bankruptcy protection back in September 2017.

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