Insight Report 3 minutes PremiumToys“R”Us Files for Bankruptcy, Due to Debt and Intensifying Competition Coresight Research September 19, 2017 Executive Summary Toys“R”Us announced on Monday that it has filed for Chapter 11 bankruptcy protection in the US and Canada in an effort to restructure its debt obligations. The company’s long-term debt totals over $5.2 billion, including $444 million of debt that is due next year. The company’s operations outside of the US and Canada, including its approximately 255 licensed stores and joint-venture partnership in Asia, are not part of the Chapter 11 filing. Toys“R”Us emphasized that its roughly 1,600 locations worldwide will continue to operate as usual ahead of the holiday season. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: CGI and 3D Product Imagery: The Future of Visual Merchandising in E-CommerceWeekly US and UK Store Openings and Closures Tracker 2023, Week 37: Wilko Again Drives UK ClosuresNext-Generation Product Information Management: From Spreadsheets to AI—Free InfographicWeak Demand Hampers 6.18 Shopping Festival: China Consumer Tracker