Could Toys R Us Crisis Collapse Give Shoppers Closing Down Sales Discount Bargains?
Personal_Finance / Retail Sector Dec 20, 2017 - 05:23 PM GMTThe British arm of Toys R Us has been teetering on the brink of collapse for several months now following it's american parent company filing for bankruptcy protection in September 2017 that triggered a downsizing programme through rapid store closures that are likely to see at least 200 of it's 866 US stores close in an attempt at reducing its $5 billion debt mountain which dates back to its leveraged buy out of 2005 that costs Toys R Us $400 billion a year in interest payments and thus acts as a huge noose around Toys R Us's corporate neck.
So what's in store from British arm of Toys R Us with its 106 stores?
By Nadeem Walayat
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