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Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

September 20, 2017 Bisnow

Toys R Us Files Bankruptcy As

Holiday Season Fast Approaches

Toys R Us Inc., the largest toy store chain in the world, filed Chapter 11 bankruptcy Monday night in the face of $400M in debt payments coming due in 2018 and a total debt of $4.9B. The move in the latest in a series of retail bankruptcies, following Radioshack, HHGregg and BCBG Max Azria, and it stirred fear throughout the market as the holiday season fast approaches.

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16 Things You Need to Know This Morning

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