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September 19, 2017 by Quida

Toys ‘R’ US has filed for bankruptcy right before the holiday season!

 

In case you have not heard, Toys ‘R’ US Incorporated, has filed for Chapter 11 to restructure $5 billion of debt. Toys ‘R’ Us Incorporated is the largest U.S. toy store chain. There is now doubt with having 64,000 employees and nearly 1,600 stores which remain open to this day! This timing can be considered one of the worse due to the upcoming holiday season and the need for products in the stores and on the shelf for all the shopping customers that will be looking for deals. Read more info. 

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