YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Toys R Us is considering filing for Chapter 11 bankruptcy before the holidays.
Citing a report from The Wall Street Journal, USA Today posted the chain's suppliers are not shipping new items until Toys R Us can pay cash for them up-front.
The toy retailer had $5 billion in debt as of April 29, according to USA Today. The company posted a net loss of $164 million in its first quarter that ended April 29.
Read more from USA Today.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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