Tri-State stands to lose more than $4 million from Toys R Us bankruptcy
State agencies in Ohio owed $1.3M
7:27 AM, Apr 12, 2018
8:07 AM, Apr 12, 2018
CINCINNATI -- Steve Roberts of Westwood was among the last to claim a bargain at the Toys R Us liquidation sale at 6251 Glenway Ave. WCPO was there when the store permanently closed at 3 p.m. Wednesday.
Roberts spent $43 to claim merchandise originally priced at $204, according to his receipt. He said his best deals involved Star Wars toys, which he got for 20 cents on the dollar and plans to sell at local flea markets.
“A lot of it I got for my niece and nephews for Christmas gifts,” he said. “The LEGO clocks, the Batgirl LEGO clocks, those’ll be a good seller.”
Roberts got some good deals, but the Tri-State is still about $4.2 million in the red when it comes to its commercial interactions with the New Jersey-based retail chain.
WCPO pored through the Toys R Us bankruptcy records for companies and governments with ties to Cincinnati. We found claims for unpaid rent, utility bills, taxes and vendor payments involving at least ten different entities in Ohio, Kentucky and Indiana. Here is a summary: