Categories Retail

No playtime for Toys R Us, shuts 200 more stores

What used to be your favorite childhood haunt is going through some slippery time. Toys R Us, a name synonymous with the innumerous toy brands it stocks, closed 200 more stores in line with its reorganization under the Chapter 11 bankruptcy process.

With this move, the toy retailer would cut its store count to half from the total 800 US stores. Consolidation retailers such as Best Buy, Kohl’s, JCPenney, and the disruption giant Amazon bolstering their toy inventory seems to have taken a big chunk out of Toys R Us.

While Toys R Us might get some respite from its $5-billion long-term debts with this move, jobs of its very many employees hang in the balance. Market analysts expect the total store closure to affect about 8,000 employees.

Toys R Us closing 200 more stores might affect about 8,000 employees

The child-friendly retailer is also seeking bids for its European stores, with its move to put its British operations into administration as part of the bankruptcy process.

The winding down operations of a brand, whose shelves once housed many a toy that made its way into the rooms of generations of kids worldwide, has international implications. While the changing landscape in commercial retail could be the culprit, it is to be noted that the traditional big players and their reluctance to adapt to change catalyzed this process.

With more names to follow Toys R Us, we would soon see a polarizing sector with one end clearly nailed to the ground by the giant that is Amazon Inc.

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

Comments

  1. Pingback: Arie Baisch
  2. Pingback: Chirurgie Tunisie
  3. Pingback: Student life
  4. Pingback: Economics
  5. Pingback: Dental Medicine
  6. Pingback: Dental hygiene
  7. Pingback: fue
  8. Pingback: political reform
  9. Pingback: fue contact
  10. Pingback: pulleys machine
  11. Pingback: Fiverr Earn
  12. Pingback: Fiverr Earn
  13. Pingback: Fiverr Earn
  14. Pingback: fiverrearn.com
  15. Pingback: fiverrearn.com
  16. Pingback: flatbed broker
  17. Pingback: fiverrearn.com
  18. Pingback: french bulldog
  19. Pingback: frenchie san diego
  20. Pingback: morkie poo
  21. Pingback: aussiedoodle
  22. Pingback: swimsuit for women
  23. Pingback: future university
  24. Pingback: tridelta necklace
  25. Pingback: bulldogs puppy
  26. Pingback: Fiverr.Com
  27. Pingback: lean manufacturing
  28. Pingback: Warranty
  29. Pingback: FUE
  30. Pingback: FUE
  31. Pingback: FUE
  32. Pingback: Furniture handling
  33. Pingback: Moving company
  34. Pingback: Classic Books 500
  35. Pingback: FiverrEarn
  36. Pingback: Speaker
  37. Pingback: Media
  38. Pingback: FiverrEarn
  39. Pingback: pupuk cair
  40. Pingback: partners
  41. Pingback: metaboflex
  42. Pingback: Sport analysis
  43. Pingback: FiverrEarn
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: live sex cams
  47. Pingback: live sex cams
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: FiverrEarn
  54. Pingback: FiverrEarn
  55. Pingback: FiverrEarn
  56. Pingback: FiverrEarn
  57. Pingback: FiverrEarn
  58. Pingback: FiverrEarn
  59. Pingback: FiverrEarn
  60. Pingback: digital marketing
  61. Pingback: Kuliah Termurah
  62. Pingback: FiverrEarn
  63. Pingback: gluconite scam
  64. Pingback: tea burn legit
  65. Pingback: cheap sex cams
  66. Pingback: live sex cams
  67. Pingback: live sex cams
  68. Pingback: live sex cams
  69. Pingback: freeze dried
  70. Pingback: rare breed-trigger
  71. Pingback: Ice Kream
  72. Pingback: 늑대닷컴
  73. Pingback: Slot progresif
  74. Pingback: One Peace AMV
  75. Pingback: nangs sydney
  76. Pingback: superslot
  77. Pingback: allgame
  78. Pingback: 918kiss
  79. Pingback: หวย24
  80. Pingback: Beauty essentials
  81. Pingback: pg slot
  82. Pingback: catskills hotel
  83. Pingback: 6.5 grendel ammo
  84. Pingback: 44 mag ammo
  85. Pingback: 6mm arc ammo
  86. Pingback: 300 wsm ammo
  87. Pingback: itsMasum.Com
  88. Pingback: itme.xyz
  89. Pingback: ItMe.Xyz
  90. Pingback: FB URL Shortener
  91. Pingback: masumintl
  92. Pingback: itme.xyz
  93. Pingback: MasumINTL.Com
  94. Pingback: Bulk URL Shortener
  95. Pingback: ItMe.Xyz

Comments are closed.

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top