My MIL's friend who lives in CT was up for a visit this weekend, and said that the one nearest her, she lives in New Haven, closed last week.
here's the info I found on kidsrus.com
Closing of Freestanding Kids "R" Us and Imaginarium Stores
The company plans to close the 146 freestanding Kids "R" Us and the 36 freestanding Imaginarium stores as well as 3 distribution centers that support these stores. The majority of these facilities are expected to close on or before January 31, 2004. These actions are expected to generate significant cash flow in 2003 and to increase free cash flow in 2004 and beyond. In addition, these actions are expected to yield improvements in operating earnings of approximately $8 million in 2004 and approximately $20 million annually thereafter.
I'd say by reading this, it can happen any time between now and 1-31-04.
Brandy