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Toys 'R' Us prepares plan to liquidate

Published 03/14/2018, 04:02 AM
© Reuters.  Toys 'R' Us prepares plan to liquidate
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  • Blow to the toy industry... After more than half a century in business, Toys "R" Us could file a court motion for its liquidation plan by the end today, resulting in the closing of all 800 stores in the U.S.
  • Shares of Mattel (NASDAQ:MAT) have dropped 8% since reports that the retailer was weighing a bankruptcy filing in September, while rival Hasbro's (NASDAQ:HAS) stock has shed almost 5%.
  • Now read: Collectibles Drive The Toy Market And Funko Is At The Wheel


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