Ugh. You saw our earlier report on Toys R Us on the front page recently, and how they were considering filing for bankruptcy, but creditors already see them in a death spiral as their debt load seems almost incurable from their viewpoint). According to some sources, Toys ‘R’ Us could file for bankruptcy as soon as next week, and they note that “nervous suppliers have scaled back shipments and tightened terms to the retailer ahead of the crucial holiday selling season, on worries they may not got repaid and their payables would be lumped alongside other unsecured pre-petition claims.” While it’s always sad to anyone lose their job, it also makes us wonder if this will impact the availability of their exclusives that were announced for Force Friday II. We wish them the best. Check out the new update at ZeroHedge.com.
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