» MUST-READ BUSINESS NEWS: Toys ‘R’ Us files for bankruptcy: What’s really going on?
“We have shut down the website for any purchases but our brick and mortar stores are open and holding going out of business sales. We encourage you to stop by your local store and take full advantage of the deep discounts and deals available,” the company said on its website.
Toys “R” Us, Inc. voluntarily filed for relief under Chapter 11, in September 2017. Toys R Us was $5 billion in debt, as of April 29.
FIVE FAST BUSINESS READS
• No retail apocalypse for these companies: 5 retailers opening stores in 2018
• Franco's Ristorante Italiano owner dies
• Former DP&L power plants to lay off 370 workers in Ohio
• Amazon looking to buy abandoned Toys 'R' Us storefronts
• Check out this $1 million home for sale in Clearcreek Twp.
About the Author