Toys “R” Us announced late Monday it filed for Chapter 11 bankruptcy protection, yet the company’s stores – including those under the Babies R Us brand – will continue operations as the holiday season approaches. “Today marks the dawn of a new era at Toys“R”Us where we expect that the financial constraints that have held us back will be addressed in a lasting and effective way,” CEO Dave Brandon said in a statement. The bankruptcy filing is far from a surprise as the iconic retailer…
from https://www.bizjournals.com/baltimore/news/2017/09/19/toys-r-us-files-for-bankruptcy-protection-but.html?ana=RSS%26s=article_search
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