On this episode we break down how Toys R Us ended up filing for bankruptcy, what its odds are of coming out of it and what this all means for the market and competitors.

Bankruptcies are a hot topic in retail, spawning a slew of hyperbolic headlines about the "retail apocalypse." On the show, the Retail Dive team breaks down why the industry is reporting a record number of bankruptcies and what retailers need to do to successfully restructure.