Toys R Us stores in Australia will continue to operate as normal despite the US based toy giant filing for bankruptcy protection.
The company has filed for Chapter 11 of the Bankruptcy code in the US and Canada that will allow a restructure of its finances amid billions of dollars in debt.
Toys R Us said its 1,600 Toys R Us and Babies R Us stores and online operations around the world will continue to trade as normal.
"The company's operations outside of the US and Canada, including its operations in Europe and Australia and its approximately 255 licensed stores and joint venture partnership in Asia, which are separate entities, are not part of the Chapter 11 filing," the company said.
Toys R Us expects this process will enable it to restructure its outstanding debt, which will provide greater financial flexibility for it to invest in growing the company.
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