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Bankruptcy rumours hit Toys ‘R’ Us

21 September 2017 at 10:40 by Simon Crisp

Kids entertainment retailer Toys ‘R’ Us looks to be in a tight spot after sources quoted by Reuters and other outlets claimed that it could file for bankruptcy before the end of the year. The firm is reportedly having a tough time managing its £3.6 billion in debt and is struggling to keep up with repayments because lenders are already taking action due to the likelihood of ... Read full article »