YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Following speculation, Toys R Us filed for Chapter 11 bankruptcy.
The retailer reported $4.9 billion in debt. Of that, $400 million has interest payments due in 2018 and $1.7 billion is due in 2019.
The company plans to continue operating its 1,600 global Toy R Us and Babies R Us stores.
Read more from CNBC.
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