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posted by Fnord666 on Tuesday September 19 2017, @08:58PM   Printer-friendly
from the bankruptcy-r-us dept.

Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts.

The firm was once a dominant player in the US toy market, but has struggled against larger rivals such as Amazon.

The move casts a shadow over the future of the company's nearly 1,600 stores and 64,000 employees.

The firm's European operations are not part of the bankruptcy proceedings and Toys R Us says it does not expect any immediate impact on its UK stores.

Toys R Us's operations in Australia, about 255 licensed stores and a joint venture partnership in Asia are also not included in the bankruptcy move.

[...] The bankruptcy filing is more evidence that traditional retailers are struggling in the US, as online retailers continue to capture market share.

Amazon marches on, or we're just at 'Peak Toy'?


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  • (Score: 2) by VLM on Wednesday September 20 2017, @12:53PM

    by VLM (445) on Wednesday September 20 2017, @12:53PM (#570599)

    Day care? Something like a tupperware party for kids? Youtube, kids love lets play videos?

    Also most gifts are bought by declared affinity (She likes hello kitty, here is the hello kitty fishing rod (a real product btw)) or looks nice enough to be a gift. It doesn't matter if it falls apart or looks worn out as long as the kids done with it first.

    Thinking back on my own kids experience they didn't destroy much before having their fun with it. Some expensive stuff like lego or thomas the tank engine wooden track products are pretty indestructible. Something that is junk out of the box is $1 special seasonal toys like water guns (which are probably banned now OMG guns!) or similar water/pool toy garbage.

    I would say most of toys r us is/was good enough with the exception of stuff that will last generations like lego/wooden thomas.

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