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Toys R Us is expected to file for bankruptcy this week

Yikes.

It’s not quite as dire as it seems — a lot of the maneuver seems to be to reorganize debt from multiple investors, in time to stock up for holiday toy sales. But it’s yet another sign of deep weakness in the US retail sector, an aspect of the economy that doesn’t get mentioned as much as it should.




Toys R Us could file for bankruptcy as soon as this week, sources say
The potential bankruptcy comes ahead of the crucial holiday season, when the retailer does the majority of its sales.

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