Toys R Us Is Closing Its Stores News Video | Big Box Retailer Goes Bust

26 sec read

Toys R Us is no more, at least in its current form. The company has filed for bankruptcy, and is due to close all of its stores in both the U.S. and the U.K.

This video shows CNBC news anchors and financial experts discussing the end of Toys R Us, and trying to figure out exactly what went wrong.

Most people are pinning the blame on Amazon, which is knocking out retail stores left, right, and center, but the biggest problem seems to have been debt.

Either way, the end result is the loss of yet another big name retailer, and one which most of us will remember visiting as children. Which makes it even sadder.

Watch 2 Killed, Many Injured at German Christmas Market…

“Two people are dead and at least 60 injured after a car was driven into crowds at a Christmas market in the eastern German...
JM
16 sec read

Watch Party City Closing All Stores After Nearly 40…

“Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. “CEO Barry Litwin told corporate employees...
JM
18 sec read

Watch What Really Happened To Brett Cooper YouTube Celeb…

“But as Cooper said, the rumors are “mostly” true, whatever that means. In the video where Cooper says farewell, she happens to be wearing...
JM
20 sec read