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 Body Of Missing TV Presenter Michael Mosley Found…

“The wife of TV and radio presenter Dr Michael Mosley has paid tribute to her “wonderful, funny, kind and brilliant” husband, whose body was...
JM
16 sec read

Watch Disneyland Employee Dies After Falling Off Golf Cart…

“A Disneyland Resort employee has died after an accident left her “in grave condition” Wednesday, according to authorities. “The Anaheim Police Department and Anaheim...
JM
19 sec read