Toys R Us Files for Bankruptcy Protection

Toys R Us Files for Bankruptcy Protection

On September 18, toy retail giant Toys R Us filed for voluntary Chapter 11 bankruptcy protection in the U.S. and Canada. The bankruptcy filing is just the latest in a string of bankruptcies that are shaking up the retail world. According to CNBC, Toys R Us has $4.9...
Retail Bankruptcy Numbers Continuing to Rise

Retail Bankruptcy Numbers Continuing to Rise

As of June 13, more than 300 retailers have filed for bankruptcy this year. The year is less than half over, but the number of bankruptcies is set to become the highest since the Great Recession. Among the casualties thus far: Gymboree, rue21, Payless ShoeSource,...