Say It Ain't So: Toys R Us facing possible bankruptcy
- 7 years ago
Beloved toy retailer Toys R Us is on the verge of filing for bankruptcy. It seeks refuge from the $5 billion in debt it carries. Toys R US hired the law firm Kirkland & Ellis LLP to look over its options and determine the next course of action, which could come this week, according to Bloomberg. Toys R Us has struggled to compete with online powerhouses, like Amazon.