Toys R Us May Liquidate US Operations: Sources

Toys R Us is considering liquidating its operations in the United States, sources told CNBC.But the situation remains fluid, according to one of the sources. Beach Communities Push for Short-Term Vacation Rental Rules In September, the popular toy retailer filed for bankruptcy with nearly $5 billion in debt. It announced in Janurary plans to close up to 182 stores by mid-April as part of its bankruptcy reorganization plans. But in February, after a disappointing holiday season, CNBC reported that it was at risk of breaching the covenant on a $3.1 billion loan. Man in Hospital Gown Found Dead in Hillcrest: SDPD Photo Credit: Scott Olson/Getty Images, File This story uses functionality that may not work in our app. Click here to open the story in your web browser.
Source: NBC San Diego