Toys R Us files bankruptcy

A+fellow+senior+student+Nicholas+Rico+is+holding+Uno+Cards.+Uno+Cards+are+a+traditional+family+game.
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Toys R Us files bankruptcy

A fellow senior student Nicholas Rico is holding Uno Cards. Uno Cards are a traditional family game.

A fellow senior student Nicholas Rico is holding Uno Cards. Uno Cards are a traditional family game.

Erika Quezada

A fellow senior student Nicholas Rico is holding Uno Cards. Uno Cards are a traditional family game.

Erika Quezada

Erika Quezada

A fellow senior student Nicholas Rico is holding Uno Cards. Uno Cards are a traditional family game.

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Toys R Us might shut down due to their major debt. And yes, that saddens East students.

Toys R Us reported- something that happened in order to get information- for bankruptcy because they’re roughly $5 billion in debt, yet that doesn’t mean they’re closing their stores completely. Stores will remain open for business as usual. Toys R Us was affected by online sales such as Amazon. Since they filed for bankruptcy, Toys R Us has been working with lawyers at Kirkland and Ellis to address it’s debt. The debt restructuring would help provide Toys R Us the financial flexibility to invest in it’s business as it repositions itself to the retail landscape again. In a survey of 100 Morton East students, 80 percent said yes they’ve been to Toys R Us and 20 percent said no.

A student from Morton East High School understands why they’re going out of business.

“I see many kids not play with toys anymore because I see most of them use electronics now,” junior student Destiny Ledesma said.

One of the local teachers at Morton East agrees with the student.

“I’m not surprised that Toys R Us is going out of business because of electronics,” art teacher Robert Moriaty said.

A fellow colleague of Moriaty was also not surprised that the company was losing business.

“It doesn’t surprise me that the store is going out of business, thanks to electronics and services like Amazon,” math teacher Daniel Elkins said.

Fellow math teacher Courtney Miller also agreed with her colleagues that Toys R Us was not going to last long.

“Online shopping was soon going to take over most stores,” junior math teacher Courtney Miller said.

Another Morton East student was not surprised of the failing business of Toys R Us.

“I don’t care because I don’t really shop there anymore because of online shopping and electronics,” senior Chris Rodriguez said.

Honors English teacher knew the tragedy was going to come sooner or later.

“Online shopping was going to take over stores sooner or later,” Daniel Tondelli said.

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