Toys “R” Us may be planning a sad end to its toy story: the liquidation of its bankrupt U.S. operations. The retailer has yet to find a buyer or secure a debt restructuring deal with its lenders, according to Bloomberg News. That means a shutdown of the company’s U.S. division could happen within days, Bloomberg reported, citing sources close to the situation.
The chain filed for bankruptcy in September with the goal of finding protection from creditors before the holiday shopping season. That provided some reassurances to vendors that it would be able to pay for merchandise, which is essential in the weeks leading up to the holidays.