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© (c) Copyright Thomson Reuters 2018.Toys 'R' Us will likely shut all U.S. stores, risking 33,000 jobs: Wall Street Journal
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TumbleDry
Toys ‘WERE’ Us
darknuts
The end of an era. This retail apocalypse really is going to change the face of America. I can only hope it's for the better.
taj
I don't wanna grow up... :-(
derpderp
"And this breaking news just in: Amazon to open self-checkout toy stores in major cities across the US and next month."
lostrune2
Besides competition from online stores, another reason is
Kids nowadays play with digital --rather than with physical-- toys
Arrrgh-Type
That's too bad. A lot of good memories going there as a kid, that was always the place to see the coolest stuff. And it wasn't that close to home, so we rarely got to go, which made it even more of an event. But nothing lasts forever, I suppose.
CoconutE3
A lot of questions come to mind with as to why TRS didn't liquidate real estate? They should have shuttered stores(maybe 1/2 of holdings) before it came to this. How much was the CEO and executives being paid while company was in decline year after year? Why didn't they invest online to sell along with smaller number of brick and mortar stores? Obviously US unemployment data will see red with 33000 out of a job with this single bankruptcy.
WA4TKG
Fear not; everything there was from china anyway, so, you can just buy it all from "chinaDirect" now.