Could Toys 'R' Us be filing for bankruptcy?

KTRK logo
Monday, September 18, 2017
Could ToysRUs be filing for bankruptcy?
Could ToysRUs be filing for bankruptcy?Toys 'R' Us hasn't said anything yet about a report that it may soon file for bankruptcy.

HOUSTON, Texas -- Toys "R" Us hasn't said anything yet about a report that it may soon file for bankruptcy.

According to other media reports, the toy giant is having problems paying suppliers, which could lead to them filing for Chapter 11 just before the holidays.

As of April 29, the retailer listed a debt of $5 billion.

Toys "R" Us has more than 1,600 stores worldwide.

Some favorite retailers closing all or some of their stores
Copyright © 2024 KTRK-TV. All Rights Reserved.