Tag Archives: Bankruptcy

TOYS ‘R’ Us has announced it has filed for bankruptcy protection in the US and Canada, becoming another victim in a retail industry dominated by online shopping and discount chains. Daily Express :: City and Business Feed

After struggling to keep its customers against competition from the online shopping industry for more than 10 years, the largest toy chain store in America finally surrenders. Reportedly, Toys ‘R’ Us has filed for bankruptcy on Monday, Sept. 8 in the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond. Thus, ending the story of the toy store ...