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The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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    The New York Times‏Verified account @nytimes Mar 15

    Toys “R” Us went from planning a turnaround to collapsing. The brand’s downfall shows the risks of private equity in the Amazon era.http://nyti.ms/2FNqoH9 

    7:17 PM - 15 Mar 2018
    • 143 Retweets
    • 240 Likes
    • Nick john krasinski Bob McGwier CHUSQUI Muhammad Akash Khan JCM Dary Sharon Chin 916/279 #WorldCitizen #Resist the #KochCrimeFamily
    33 replies 143 retweets 240 likes
      1. New conversation
      2. dumbfounded‏ @was619now858 Mar 15
        Replying to @nytimes

        Private equity is always a bad thing. Convince me I’m wrong.

        1 reply 0 retweets 2 likes
      3. Full Name‏ @NYRanting Mar 15
        Replying to @was619now858 @nytimes

        Every company I’ve worked for that was owned by private equity: incompetent filter for good leadership; short term ‘wins’, no real investment for long term infrastructure/success; top heavy expensive c suite and organizational leadership; all around cluster fuck

        0 replies 1 retweet 1 like
      4. End of conversation
      1. New conversation
      2. Zman63‏ @Zman631 Mar 15
        Replying to @nytimes

        I’m just curious as to how much the golden parachutes will be for the CEO, CFO, COO and the rest of upper management.

        1 reply 0 retweets 1 like
      3. Full Name‏ @NYRanting Mar 15
        Replying to @Zman631 @nytimes

        Didn’t toys r us go to court a few months ago to ensure that C suite compensation as paid out as they defaulted on other debts—the only way to ensure they had talent to spearhead a turnaround they argued. Trying to find the article.

        2 replies 0 retweets 2 likes
      4. 1 more reply
      1. Gotno Gizmo‏ @GotnoGizmo Mar 15
        Replying to @nytimes

        #ToysRUs uk are having to pay local business taxes and could never compete with tax avoiding #Amazon who live in #EU created tax avoiding environment in which sellers often avoid VAT. #EUexit

        0 replies 0 retweets 2 likes
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      1. WeHearVoicesOutThere‏ @WeHearPodcast Mar 15
        Replying to @nytimes

        In all honesty the are not even trying. Went by there today and only a few unwanted things were even on sale. Full greedy price on toys made in China. That’s their problem. Greed

        0 replies 0 retweets 1 like
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      1. PrezVonClownstick‏ @PrezFuckface Mar 15
        Replying to @nytimes

        They didn't collapse. The owners pulled a Mafia style theft on it, racking up debt to pay themselves and then bankruptcy. Straight out of Goodfellas.

        0 replies 0 retweets 1 like
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      1. David Dennison‏ @stblegenius Mar 15
        Replying to @nytimes

        Thanks @realDonaldTrump

        0 replies 0 retweets 1 like
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      1. Darwin Woodka‏ @darwinwoodka Mar 15
        Replying to @nytimes

        finance companies have been destroying retail companies for years now. They think they'll make money on the real estate but they're wrong. Nobody wants big box store space anymore.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. d  🇺🇸  🔔  🗽  🍂  🍁‏ @dougalpollux Mar 15
        Replying to @nytimes

        d  🇺🇸  🔔  🗽  🍂  🍁 Retweeted David Stockman

        or more accurately the state of our economy...https://twitter.com/da_stockman/status/910962454108270592 …

        d  🇺🇸  🔔  🗽  🍂  🍁 added,

        1:31
        David Stockman @DA_Stockman
        #ToysRUs is a microcosm for everything wrong with the larger U.S. economy. I explain why below. Full intvw: https://www.youtube.com/watch?v=ecSeQdsn2bo&t=431s … pic.twitter.com/K9D53jiO8f
        1 reply 0 retweets 0 likes
      3. WeHearVoicesOutThere‏ @WeHearPodcast Mar 15
        Replying to @dougalpollux @nytimes

        No it was bad marketing of their space. Our ToysRUs went from a fun, cozy, funky atmosphere to a Sam’s warehouse look and people quit going. Same expensive toys but with a Gotham city interior. Bad move.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. aleera‏ @aleera453 Mar 16
        Replying to @nytimes

        And I see @realDonaldTrump stepping right in to protect jobs jobs jobs.

        0 replies 0 retweets 0 likes
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      1. jjlasne‏ @jjlasne Mar 15
        Replying to @nytimes

        Blame LBO’s.

        0 replies 0 retweets 0 likes
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      1. KATHLEEN O'BRIEN‏ @KATHLEE23339303 Mar 15
        Replying to @nytimes

        Sad

        0 replies 0 retweets 0 likes
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      1. Pee Jee‏ @Jweepter Mar 15
        Replying to @nytimes

        @Nordstrom @ToysRUs In this day in age, debt is a suicide mission, really! It is not Amazon that killed all retailer, it's the debt financing restructuring. If the company had taken a business/ operation approach restructuring like offering toy rentals, or even a place for kids..pic.twitter.com/Lay4VxmWRZ

        0 replies 0 retweets 0 likes
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      1. Lynn Marozeck‏ @LynnMarozeck Mar 15
        Replying to @nytimes

        😢

        0 replies 0 retweets 0 likes
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      1. maga‏ @papa121810 Mar 15
        Replying to @nytimes

        By,By!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

        0 replies 0 retweets 0 likes
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      1. thedroidurlooking4‏ @DRSVoR Mar 15
        Replying to @nytimes

        Feel free to report on the huge payout bain capital made on this, yet another desiccated corpse in their wake.

        0 replies 0 retweets 0 likes
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