Target to Re-Launch Toys ‘R’ Us Brand
ToysRUs.com relaunched today with videos and articles on the latest toy trends and brands. The website will be powered by Target.
October 11, 2019
Target | Toys "R" Us
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Toys ‘R’ Us Settles with Lenders
The Wall Street Journal reported that bankrupt retailer Toys “R” Us has reached a settlement with a group of lenders that will protect the company from future litigation.
July 20, 2018
Toy Mogul Larian Bids $900MM For Toys ‘R’ Us
Isaac Larian, CEO of MGA Entertainment, put in a formal bid of $675 million to buy Toys “R” Us’ U.S stores and $215 million to buy its stores in Canada. Jerry Gonzalez illustrates Larian’s dream of recreating the stores as “mini-Disneylands” in every neighborhood.
June 6, 2018
Gordon Bros., Hilco, Tiger, Great American Begin Toys “R” Us Liquidation
A team of disposition firms consisting of Gordon Brothers, Great American Group, Hilco Merchant Resources and Tiger Capital Group began going-out-of-business sales at all 735 Toys “R” Us and Babies “R” Us locations throughout the U.S. and Puerto Rico on March 23, 2018.
March 26, 2018
Toys ‘R’ Us to Shutter 180 Stores
Toys “R” Us will be closing 180 stores. According to documents filed with the U.S. Bankruptcy Court of the Eastern District of Virginia, Tiger Capital Group, Great American Group, Gordon Brothers Retail Partners and Hilco Merchant Resources will be conducting the liquidation.
January 24, 2018
WSJ: Toys ‘R’ Us Petitions Court to Pay $16MM Executive Bonuses
The Wall Street Journal reported Toys ‘R’ Us is seeking approval from the bankruptcy court to pay $16 million in bonuses to its senior executives, including Chief Executive David Brandon, as it enters the critical holiday season.
November 16, 2017
Toys ‘R’ Us Files Bankruptcy, JPMorgan-Led Syndicate Provides DIP
JPMorgan agented a $3 billion debtor-in-possession loan for bankrupt retailer Toys “R” Us. Illustrator Jerry Gonzalez depicts the lender as Santa with a generous gift for the ailing toy seller.
November 7, 2017
Toys”R”Us Receives Final Court Approval for $3.1B DIP
Toys”R”Us received approval from the U.S. Bankruptcy Court for the Eastern District of Virginia to access the full amount of its more than $3 billion in DIP financing. JPMorgan is serving as administrative agent for the financing.
October 25, 2017
BofA Amends Summer Infant Facility Following Toys “R” Us Bankruptcy
In response to the Toys “R” Us Chapter 11 filing, Summer Infant, a manufacturer of infant and baby products, amended its existing credit agreement to allow for greater flexibility.
October 23, 2017
It’s All in a Name: Brands and Trademarks as Loan Collateral
Branding has become the buzz word of the 21st century for marketers promoting their products. But brands themselves have value and can be used as collateral when structuring a loan. Hugh Larratt-Smith explains how these loans are created and explores the successes and the pitfalls of lending against brands.
March 24, 2017