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Toys 'R' Us Closing Flagship Times Square Store

Toys R Us is closing its flagship store in Times Square at the end of the year.
Toys R Us is closing its flagship store in Times Square at the end of the year. Photo Credit: Wikipedia.com

Toys R Us is closing its flagship store in New York City's Times Square at the end of year, according to reports.

Toys R Us spokeswoman Alyssa Peera told Business Insider that the beloved toy store which features an indoor Ferris wheel, a life-size Barbie dollhouse, and a giant Tyrannosaurus Rex dinosaur, will not renew its lease.

The store, which opened in 2001, will officially close on Dec. 30, said the Business Insider.

A company spokeswoman told Business Insider that they are searching for another space for a store in Manhattan.

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