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Toys R Us hires law firm to help weigh bankruptcy

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Toys R Us has hired a restructuring firm and is evaluating a "range of options" and also did not dispute reports that a bankruptcy filing could be a possibility. This could mean the company is considering a significant number of store closings.  No one expects Toys R Us to disappear, but many agree it will need to make radical changes to survive.  In a retail environment where Walmart, Target, Amazon and others are selling toys, any missteps by Toys R Us could give competitors the edge.  

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