The Billings Toys 'R' Us store will remain open and unaffected by its parent company declaring bankruptcy this week.
"Our stores are open, including Billings, and continuing to provide customers with great service and a curated assortment of merchandise in the toy and baby categories," Toys 'R' Us spokesman, Joseph Contrino, said by email Tuesday morning.
Toys 'R' Us, Inc. filed for chapter 11 bankruptcy in U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond on Monday in an effort to restructure $5 billion of long-term debt.
"The filing has not changed our organizational structure or payroll dollars," Contrino said.
The company's 1,600 Toys 'R' Us and Babies 'R' Us stores are gearing up for the holiday season and preparing to hire seasonal employees. Its filing for chapter 11 bankruptcy includes seeking authorization from the court to continue paying employees, vendors and suppliers.