Fortune.com has written a fantastic article on why the Toy Industry would suffer if Toys R Us goes belly up. I have heard and seen many comments by readers ‘happy’ or ‘indifferent’ to see TRU’s demise because of various reasons, but there is a bigger picture. And Fortune goes into detail about it. Check out the article and then come back here to comment.
The brick and mortar retail Toy Store apocalypse continues, this time in France. French JTA reader Patrice P. send us word of France’s #2 toy retailer in financial woes. Click through for Patrice’s translation summary of the article’s main points.
Toys R Us UK is filing for insolvency. After the company failed to find a buyer and a 15 million pounds VAT bill was due on Tuesday, Toys R Us UK went into administration today. (more….)
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