It's kind a funny, other retailers are going to go out of business cause they over-bought toys trying to be the new Toys'r'Us this Christmas.
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Toys 'R' Us' $11 Billion Bounty Is An Unprecedented Retail Free-For-AllIt's never happened before in modern American retailing: The dominant player in a market segment goes away, and there is no natural No. 2 to be the primary beneficiary. they booming in Canada TRU was the 2 when child’s world died.
Source: Forbes - 🏆 394. / 53 Read more »
Toys R Us closure hits Toys for Tots hardWhen Toys R Us closed, Toys for Tots felt the loss. The toy giant's decision to close its stores this year left some huge holes for the annual charity drive to fill. Toys R Us shoppers donated more than 250,000 toys last year and the company gave $5 million in corporate contributions —... Disney world success toys for kids .Poor Toys for Tot donation at the White house. Any business or institution that fails to prepare for disruption assumes the risk of accelerated obsolescence. Toys for twats is doin real good tho
Source: ABC - 🏆 471. / 51 Read more »
British tech billionaire Mike Lynch charged with fraud in the US over $11 billion Autonomy saleThe charges allege that Mike Lynch and Autonomy's former VP for finance, Stephen Chamberlain, inflated the firm's earnings from 2009 to 2011. Always seems like the longer the attorney statement on behalf of the client the more likely said person is guilty.
Source: BusinessInsider - 🏆 729. / 51 Read more »
From Bikes to Trains to Videogames to Vacant Properties: Toys ‘R’ Us Stores Are Selling FastThe retailer has closed around 800 stores this year, and many of the closed properties have become hot commodities on the open market. So whatcha sayin is they called Toys Aren’t Us now? Another store bites the dust... thanks to Amazon...
Source: WSJ - 🏆 98. / 63 Read more »
Toy Sellers Come Up Short Without Toys ‘R’ UsDespite vigorous efforts to court customers who would otherwise have shopped at the shuttered retailer, the toy industry appears to have largely missed out on the holiday spending spree during that critical time of year. RT : The loss of Toys 'R' Us left a big gap for the industry during a critical time ...
Source: WSJ - 🏆 98. / 63 Read more »