Toys R Us Files for Bankruptcy, Staggered by Competition, Debt

Toys R Us announced Monday that sharp competition, lagging sales and crippling debt left over from a decades-old buyout has pushed it to file for Chapter 11 bankruptcy protection. WASHINGTON (CN) ... Read More

Retailer Express Seeks Bankruptcy Savior in Toys ‘R’ Us Owner

Express Inc. is looking to a stakeholder best known for its revival of Toys “R” Us to swoop in with a takeover bid once the retailer enters bankruptcy court, according to people with knowledge of the ... Read More

Toys R Us files for bankruptcy in the US

The largest toy store chain in the US, Toys R Us, has started bankruptcy proceedings due to debt and online sales competition As customers increasingly shop online, reduced foot fall in store has ... Read More

Private-Equity Debt Drives Toys R Us to Liquidate

Since that time, Toys R Us faced new competitors in mass retailers like Walmart and Target, as well as online competition from Amazon. Brandon told his workers that the company would file liquidation ... Read More

Huge consumer lender misses payments, files Chapter 11 bankruptcy

However, it's rare for major financial services companies to file ... related bankruptcy was credit repair company PGX Holdings' Chapter 11 filing on June 4, 2023. But a good-sized consumer ... Read More

Taco Bell rival files Chapter 11 bankruptcy; sells company

Fast-casual Tex-Mex chain Tijuana Flats Restaurants has ambitious plans in its bankruptcy filing that it hopes will turn the company around to success. The debtor on April 19 filed for Chapter 11 ... Read More

Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load

CURO Group Holdings has filed for Chapter 11 bankruptcy with a restructuring agreement reached with creditors, after the consumer credit lender faced a host of difficulties including rising ... Read More

WeWork Eyes Exit From Chapter 11 Without Additional Bankruptcy Loans

Co-working space provider WeWork plans to exit bankruptcy without taking on more loans to fund the rest of its chapter 11 proceedings. Read More

After a surprise shutdown, a popular retailer makes a big return

That's why Macy's has Toys "R" Us ministores in its department ... Related: Another major radio chain files Chapter 11 bankruptcy In some cases, brand revivals take what people liked most about ... Read More

Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies

FILE - People walk into and out of a Joann store, Sept. 6, 2007, in Garfield Heights, Ohio. The fabric and crafts retailer has filed for Chapter 11 bankruptcy protection, as consumers continue to ... Read More

Huge consumer lender misses payments, files Chapter 11 bankruptcy

But a good-sized consumer lender with retail locations has filed for Chapter 11 protection in 2024. Curo Group files bankruptcy to restructure and eliminate debt Consumer finance company Curo ... Read More