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Toys R Us | ASHARQ AL-AWSAT English Archive 2005 -2017
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People walk past Toys R Us in Times Square the day after Christmas in the Manhattan borough of New York, U.S., December 26, 2015. REUTERS/Carlo Allegri/File Photo


Toys “R” Us Files for Bankruptcy

Toys “R” Us Files for Bankruptcy

Toys “R” Us Inc (IPO-TOYS.N) has filed for bankruptcy protection in a United States court, the company said, amid heavy debt and a tough environment for bricks and mortar stores. The Chapter 11 filing by the biggest US toy store chain, to restructure $5...