MarketLine Blog

Posts tagged to toys r us

Toys R Us: Collapse Inevitable as Company Fails to Utilize the Power of the Internet

MarketLine

In recent months, well-established toy retailer Toys R Us has given repeated indications of the state of its finances. In September the US-based parent company announced that it entered into bankruptcy protection proceedings and is planning to close more than ten percent of its US stores in the near future. More recently the UK division made similar announcements, to close nearly a quarter of its stores soon after the New Year. So the recent news that the Pension Protection Fund (PPF), one of the company’s largest creditors in the UK,… Read more