Toys R Us will have its second quarter earnings call on Tuesday, September 26.
Toys R Us owners Kohlberg Kravis Roberts, Bain Capital Partners and Vornado Realty Trust either declined to comment or did not immediately have a comment. Kirkland also did not immediately have a comment.
The potential restructuring comes amid increased competition from both brick-and-mortar and online players. Big box stores such as Wal-Mart have for years driven down prices of toys to draw parents into their stores to buy other more expensive goods. E-commerce giant Amazon.com has become an increasingly formidable competitor.
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Read the full article at: https://www.cnbc.com/2017/09/06/toys-r-us-weighs-possible-bankruptcy-filing.html