
Did you know that the struggling toy retailer Toys ‘R’ Us has closed an enormous number of stores, 180 stores to be specific or nearly 20% of its fleet, as it tries to get back to being a viable chain?
Did you know that Toys ‘R’ Us had asked federal bankruptcy court in Richmond, Virginia for permission to close those 180 stores, saying it has “faced a challenging commercial environment”?
Did you know that Toys' T' Us had an enormous debt of $5 billion pre-bankruptcy, and years of weak sales as business?

fiscal year, the chain
Did you know that nearly half of the locations closing will be Babies ‘R’ Us stores?
Did you know that baby products generated 45% of company revenues in the first nine months of the fiscal year?
Did you know that Toys 'R' Us stores generated $925 million last year, according to court filings?

No comments:
Post a Comment