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.
Plaza Shopping Center gained an arcade with the March 1 opening of The Flying Lap LLC; the repurposing of space operated by Burrell Behavioral Health resulted in the March 18 opening of the company’s second autism center; and a group of downtown business owners teamed up to reopen J.O.B. Public House.