Home About Archives Search Feed


Toys R Us to close all 800 of its U.S. stores - The Washington Post

🔒 www.washingtonpost.com

Large amounts of debt, and declining brand value.

The liquidation of Toys R Us is the unfortunate but inevitable conclusion of a retailer that lost its way,” Neil Saunders, managing director of the research firm GlobalData Retail, wrote in an email. Even during recent store closeouts, Toys R Us failed to create any sense of excitement. The brand lost relevance, customers and ultimately sales.”

Probably the $7.9 billion in debt was impossible to get around.

Posted on March 14, 2018








← Next post    ·    Previous post →