Ahead Of The Holiday Season, Toys 'R' Us Files For Bankruptcy Protection
The largest U.S. toy chain filed for Chapter 11 bankruptcy protection late Monday. Toys 'R' Us plans to use $3 billion in bankruptcy financing to buy merchandise from vendors and fund operations.
by Doreen McCallister
Sep 19, 2017
2 minutes
The retail landscape has changed dramatically in recent years, and Toys 'R' Us has been trying to maintain its foothold in the industry amid a heavy debt load and the rise of online shopping.
Late Monday, the largest U.S. toy chain protection in Richmond, Va. It was a moved that had been
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