Toys ‘R’ Us files for bankruptcy protection after struggling to compete with online retailers (AMZN, SHLD, MAT, M, WMT, JAKK)

Reuters Toys ‘R’ Us, the largest US toy store chain, filed for bankruptcy protection, the latest sign of turmoil in the retail industry caught in the grip of online shopping and discount chains. Toys ‘R’ Us said it received a commitment for over $ 3 billion in debtor-in-possession financing from lenders including a JPMorgan-led bank […]