Car Toys filed for Chapter 11 bankruptcy on Aug. 18, announcing that the company will sell a majority of its stores to tenured employees and local competitors. The 38-year-old Washington car accessory ...
AUBURN, Wash. — An Auburn-based car equipment business will sell off the majority of its stores nationwide and has filed for voluntary Chapter 11 Bankruptcy to "facilitate" the transactions.
Car Toys plans to sell many of its brick-and-mortar locations after filing for bankruptcy, following years of struggling with falling sales and mounting debts. The company, an Auburn-based car audio ...