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.

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