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Post by Admin on Mar 10, 2018 9:59:08 GMT -4
Report: Toys R Us likely going out of business NEW YORK , N.Y. -- Toys R Us may be ready to liquidate stores, reports say. Toys ‘R’ Us considers closing all of Its U.S. stores. Troubled toy chain Toys “R” Us Inc. is preparing to liquidate all of its U.S. stores and abandon efforts to restructure through the bankruptcy process, people familiar with the matter said, after a... The Wall Street Journal reported that the toy retailer is preparing to abandon restructuring efforts and liquidate all of its stores. The newspaper also reported Toys R Us execs are slated to appear in bankruptcy court on Monday. The toy store giant filed chapter 11 protection in September. The Wall Street Journal reported the company wanted to "reorganize" its roughly $5 billion debt load. Toys R Us had a weak holiday season. Toys "R" Us may shut all its US stores as soon as next week, according to several reports. While reports of a possible closure loom, CNBC is reporting that this is a very "fluid" situation. In January, Toys R Us made the announcement 182 of its stores were closing, including a Babies R Us in Nashville.
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Post by mistaken7 on Mar 19, 2018 22:55:21 GMT -4
oh i know super sad - my BFF's son cried, i think she said? Super Super Sad
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