- Wed Nov 08, 2017 2:57 pm
#1101778
It was only the US and Canadian part of the company that filed for Bankrupty so they could sort out a payment program for their debt
UK is not affected
No. Toys R US says its UK subsidiary is not affected and it's "business as usual".
The company's separate operations outside the US and Canada - including the UK, Asia and Australia - are not part of the Chapter 11 filing.
It assured customers that its 1,600 Toys R Us and Babies R Us stores worldwide and its online shops will remain open.
Stores in the US and Canada will continue normal business operations while the company seeks relief through a bankruptcy court in the state of Virginia and a court in Canada.
Toys R Us, owned by a private equity firm, says it is working with suppliers to ensure that its shelves are fully stocked and products are delivered on time in North America.