👀 You are watching:
Jump to content
👉 Click here to explore Remote Jobs, Work From Home & Global News – USA 🇺🇸 | UK 🇬🇧 | Canada 🇨🇦 | Pakistan 🇵🇰 ×
🚫 Guest Access Notice ×
  • entries
    183,749
  • comments
    31
  • views
    447,989

l_178383_085915_updates.jpg
178383_3000856_updates.jpgAll 83 Toys "R" Us (Canada) Ltd stores will remain open for business as usual, said the president of the Canadian unit, Melanie Teed-Murch, in a letter to customers. Photo: file
 

The Canadian arm of Toys ?R? Us Inc said on Tuesday that about 180 of its stores will be shut in the United States in the coming months, as the toy store chain tries to emerge from one of the largest ever bankruptcies by a speciality retailer.

All 83 Toys "R" Us (Canada) Ltd stores will remain open for business as usual, said the president of the Canadian unit, Melanie Teed-Murch, in a letter to customers. 

The company filed for Chapter 11 bankruptcy protection in September, just ahead of the crucial holiday season, to restructure $5 billion of long-term debt, casting doubt over the future of its 64,000 employees and nearly 1,600 stores.


0 Comments


Recommended Comments

There are no comments to display.

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...