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Toys ‘R’ Us stores closing?

 
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StevenHW



Joined: 25 Jul 2005
Posts: 10181
Location: Sacramento, California


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PostPosted: 03/09/18 11:49 pm    ::: Toys ‘R’ Us stores closing? Reply Reply with quote

https://www.cnbc.com/2018/03/09/10-percent-15-percent-of-all-toy-sales-could-be-lost-forever-if-toys-r-us-liquidates.html


http://www.latimes.com/business/la-fi-toys-r-us-20180309-story.html


The company filed for Chapter 11 last September, so this should not be a surprise. But I am a Toys R Us kid! Sad



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Queenie



Joined: 18 Nov 2004
Posts: 15767
Location: Queens


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PostPosted: 03/10/18 3:45 pm    ::: Reply Reply with quote

So far they're mostly focusing on shuttering the Babies'r'Us stores in my area, though my nearest Toys'r'Us is closing. But I read one article that suggests the rest of the chain might follow suit.



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tfan



Joined: 31 May 2010
Posts: 6258



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PostPosted: 03/11/18 3:15 am    ::: Reply Reply with quote

I think we are heading for a day when there are no local stores. I just wish that the big box stores or other companies had gotten into the delivery business better versus Amazon.com. It may end up that virtually everything is ordered from Amazon.com. Although at some point, that would require the government to break them up for being a monopoly.


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