Toys R Us seeks to halt payments ahead of liquidation

Toys R Us, has asked the U.S. Bankruptcy Court for permission to stop
paying its suppliers while it lines up buyers for its international
business.

The plans to liquidate North American stores has put 30,000 jobs at risk.

It's not only U.S. stores that are likely to be affected. Ones in
France, Spain, Poland and Australia will likely be liquidated, while
it looks to sell shops in Canada, Central Europe and Asia.

U.S. Correspondent, Frances Read, has more.

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