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This Toys R Us location in Middle Village could be on the chopping block.

International toy store chain Toys R Us is reportedly closing up to 182 locations nationwide, including two in Queens, as part of the company’s reorganization after filing for Chapter 11 bankruptcy.

The list of possible closures includes the Toys R Us inside the Metro Mall-Middle Village at 66-26 Metropolitan Avenue and the Babies R Us on 20th Avenue in College Point. According to a USA Today report, the company said that some store closings may be avoided if lease terms can be renegotiated, but most of the stores on the list are expected to shut down.

In total, Toys R Us is expected to cut its number of stores by about 20 percent if all 182 stores close. Back in September 2017, the company filed for bankruptcy because of significant debt and the need to restructure the company for the modern era, the report said. At that time, the company faced a 120-day deadline for rejecting store leases.

In December, however, the company won a ruling that extended the deadline to April 2018 because it argued that operating during the holidays would be crucial to deciding the fate of its stores. On Tuesday, Toys R Us won a Bankruptcy Court ruling that approved a plan to pay landlords $1.3 million to extend store leases beyond the April deadline, the report said.

The company also plans to merge a number of locations into combined Toys R Us and Babies R Us stores.

Going out of business sales are expected to begin in February and be completed in April.


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