Toys "R" Us files Chapter 11 case in US to restructure US$5bn in debt
The filing (Credit: Screenshot from document)
US and Canadian arms of international toy store Toys "R" Us have filed for bankruptcy protection in Virginia, citing a shift in consumer demand towards online shopping - and Canadian proceedings are due to follow imminently.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now