Wednesday, September 20, 2017

Could this be the last generation of Toys R Us kids?

For decades Toys R Us has made its living by immersing itself in all things toys. So it makes sense that the company's chief executive would use a beloved game as a metaphor to describe how it tumbled into Chapter 11 so suddenly, making the nearly $12 billion toy retailer the third-largest retailer in history to go bankrupt.

In a document filed Tuesday in federal bankruptcy court, CEO David Brandon said news reports in early September that the retailer had engaged an adviser to help with its $5 billion debt load had "started a dangerous game of dominos.". . . more

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