Toys R Us considers filing for bankruptcy
Toys R Us is reportedly exploring the possibility of filing for bankruptcy as it considers plans to restructure its debt. The retailer is considering bankruptcy as a part of its potential plan to restructure roughly $400 million in debt due in 2018, CNBC reported on Wednesday. Toys R Us has hired lawyers from the firm Kirkland & Ellis to help address the issue of restructuring the debt prior to the holiday season. : REPORT