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DHL Global Forwarding this week revealed that last year’s performance by the division had been ...
Toys R Us last night filed for Chapter 11 bankruptcy protection. It has debts of some $51.2m for shipping and storage and expects a further bill of $35.9m.
It has some $243.2m-worth of merchandise currently in transit, the majority being shipped by APL Logistics.
The toy store was forced to file for protection in the US and Canada after it claimed a news story this month questioning its liquidity had resulted in suppliers refusing to ship product without cash on delivery.
It claimed the article ...
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Comment on this article
Amanda Noble
April 20, 2018 at 5:20 pmThe closed a store near my area. I used to buy all the toys for my kids in Toys R Us