Toys 'R' Us Said To Be Preparing To Liquidate All Its U.S. Stores After Bankruptcy

For millions of Americans who made countless visits to Toys "R" Us as kids, they'll likely be saying goodbye to the beloved toy store in the near future. Back in September, the retailer filed for Chapter 11 bankruptcy in an effort to deal with its $5 billion dollar debt load, hoping to turn things around by revamping stores and operations. But after a disappointing holiday season hurt plans to reorganize or find a buyer, its prospects aren't looking good. "While a Chapter 11 bankruptcy provides a company with breathing space, it is incumbent on the debtors’ management to show how...