Who knew loading up a retail chain with billions of dollars in unnecessary debt could go badly? Who knew right?
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about more lost jobs if for no other reason.Thanks. Twitter will use this to make your timeline better. UndoUndo
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I remember getting my first Game Boy (the special Gold/Silver Pikachu/Pichu one) from the old Toy R Us that was on 8 Mile in Detroit. Sad to see the store shut down. You didn't even need to get something from Toys R Us, just going there was enjoy!
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Haha my kids also ask to go, literally just to go and “look” at the toys
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They were placed in debt by their owners who made a profit by lending the money at crazy rates. Highway robbery, not Amazon.
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Let’s make toys’r us great again
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yeah because it refused to inovate or compete at the same price points.
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Even if they had wanted to innovate they couldn't. All their cash reserves went towards paying the millions of dollars of debt offloaded onto it by the investors that purchased the company. They had no money left to put back into the company to stay competetive.
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Childhood gone
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#iNews9K#SourcesSay: Trump brothers planning safari to stalk, shoot Toys R Us mascot.https://twitter.com/nytimes/status/974046776759148544 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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R ur tax reform scam working yet traitor 45 ryan mcConnell pence & the entire GOP admin & bribed
laundering party? No weapons formed against us Shall Not Prosper or be successful. Down goes 45 & his GOP Traitors!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Also closing the UK operations (via
@BBCBreaking) -https://twitter.com/BBCBreaking/status/973895279962451969 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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Bankruptcy laws don’t allow severance to 31,000 people but permit $16 million in incentive bonuses to 7. Makes sense
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It's a shame for everyone down there, really. All Toys "R" Us stores are staying open here in Canada.
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Only a matter of time before they bundle the Canadian business away too. It's over for TRU globally.
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Tariffs won't fix these kind of business/job issues. Neither apparently did the "huge job creation"; you'll take home so much more money"; "major boon to middle class" MAGIC TAX CUT BILL. Not the first or last company to experience these problems, post "MAGIC BILL".
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#BoycottAmazon and all supporters of the nraThanks. Twitter will use this to make your timeline better. UndoUndo
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Need not close rather copy their style and innovation and fight back.this world is too big two.
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The thing is they can't. Bain Capital leveraged them so hard that they were literally billions in debt and paying $400 million in interest. Amazon didn't kill them, their investors did.
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