It's official, the largest toy chain in the world is shutting down, liquidation sales have begun at many Toys 'R Us stores in the U.S. and overseas, and that includes Kennewick.
A call to the Kennewick store near Columbia Center gave little detail, except the workers saying they themselves were told they would "stay open for the next 60 days...
We've been following reports of the last retail toy giant, Toys 'R Us, and their attempts to stay afloat.
Now, according to CNBC and other business networks and experts, liquidation of the company is 'imminent,' and papers could be filed as early as Wednesday, March 14...
Spokespeople for the struggling toy retailer declined comment, but multiple sources are reporting Toys R' Us could go out of business as early as next week, or the next.
KTLA-TV in Los Angeles reported Friday multiple reports on Wall Street say the last remaining giant toy chain could close it's stores soon...
A Pennsylvania shopping mall once valued at nearly 200 million dollars and is now in foreclosure, was purchased Wednesday by the company that holds the debt on the mall.
According to sources Chapter 12 was filed in March, and the chain was going to close 140 stores and two distribution centers. That has been done already. However, now some apparently erroneous reports are making the rounds in the news world.
Detroit has become the largest city in U.S. history to declare bankruptcy. While a lower-circuit judge ruled it was invalid, it's just a few pieces of paper and a gavel away from happening as that judge had no authority or judicial power to stop it.
So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted. -President Obama. January 17th, 2008 - San Francisco Chronicle