The Eagle Eye

Bankruptcy R Us

Bankruptcy R Us

Brittany Kaplan and Mia Ross

October 23, 2017

Filed under News, Showcase

Toys ‘R’ Us filed a chapter 11 bankruptcy claim Monday, Sept. 18 in a Virginia federal court due to long-term heavy debt. According to the New York Times, the popular toy company has struggled to pay off more than $5 billion in debt for years. Toys ‘R’ Us will join Gymboree, Payless, True Rel...