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Toys R Us: Bankruptcy

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Toys R Us, the all too familiar American toy retailer, filed for chapter 11 bankruptcy protection on September 18. This type of bankruptcy protection is also known as “reorganization” bankruptcy, meaning that the debtor (Toys R Us) typically delivers a proposal on sustaining its business and paying back creditors over time.
Some analysts like Juli Lennet, an analyst for The NPD Group, believe that “Kids, who are the majority of toy consumers, aren’t paying any attention to this...the holiday season will be business as usual for consumers”. While this may hold true of this upcoming season, the future years are uncertain as it is unclear whether or not Toys R Us will be able to rebound from its $7.9 billion debt.
Others say that this filing

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