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Toys ‘R’ Us Files For Bankruptcy But Plans To Keep Stores Open For Holiday Shopping
https://consumerist.com/2017/09/19/toys-r-us-files-for-bankruptcy-but-plans-to-keep-stores-open-for-holiday-shopping/
Well, that was quick: Soon after the rumor mill lit up with the news that Toys ‘R’ Us could be preparing to file for bankruptcy, the debt-strapped toy chain has gone ahead and done exactly that.
The largest toy store chain in the country filed for Chapter 11 protection [PDF] late Monday night, and will also seek protection in parallel proceedings for its Canadian subsidiary.