Toys R Us' Bankruptcy Could Come by This Week: Sources - NBC 10 Philadelphia
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Toys R Us' Bankruptcy Could Come by This Week: Sources

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    Carolyn Kaster/AP, File
    This Nov. 26, 2009, file photo shows a line of Black Friday holiday shoppers wrapping around the Toys "R" Us in Camp Hill, Pa.

    Toys R Us, which reportedly faces a large debt load as it heads into the new year, could file for bankruptcy by the end of the week, sources familiar with the matter told CNBC.

    The sources said that plans to file for bankruptcy are not set in stone, and if it does go through, the timing could change.

    Declaring bankruptcy would simplify Toys R Us' capital structure, complicated by its three owners — none of whom commented to CNBC.

    Doing so would give vendors like Mattel and Hasbro clarity as the holiday season approaches.

    Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    [NATL] Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    Marjory Stoneman Douglas High senior Emma Gonzalez had a message for president Donald Trump and for other politicians on their failure to enact sensible gun laws: "BS." Gonzalez was one of several survivors to speak at a rally held outside the Federal Courthouse in Fort Lauderdale, Florida, to speak out against the gun lobby.

    (Published Sunday, Feb. 18, 2018)