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    Toys R Us files for bankruptcy protection as the holiday shopping season nears

    by By James F. Peltz, Los Angeles Times Sep 19, 2017 3 minutes

    Toys R Us Inc. has filed for bankruptcy reorganization, a victim of the sea change in retailing and the company's own heavy debt burden, but said it would continue to operate as usual heading into the crucial holiday shopping season.

    With its spacious, high-ceiling stores that hold thousands of items, Toys R Us pioneered the big-box format for toy sales and once was the go-to destination for people shopping for toys, baby products and birthday gifts.

    But like many brick-and-mortar retailers, Toys R Us was overwhelmed by consumers' rapid shift to buying goods on the internet at sites

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