11:32am Sep 19, 2017
National National Economy
The largest U.S. toy chain filed for Chapter 11 bankruptcy protection late Monday. Toys R Us plans to use $3 billion in bankruptcy financing to buy merchandise from vendors and fund operations.
Fewer people filed for bankruptcy in the Piedmont Triad in 2014 than any year in the past decade. Analysts are split as to what this means for the local economy.