No Mere Child’s Play: Toys “R” Us Chapter 11 and What We Can Learn From It | |
By West McDonald, Oct 10, 2017 1:31:02 PM | |
If you’ve been following the news you may have discovered, like I did, that Toys “R” Us has filed for Chapter 11 bankruptcy protection. The company employs over 65,000 employees around the world and operates over 1,000 brick and mortar store locations as well as being a giant online retailer. Somehow they’ve accumulated over $5 billion dollars in long-term debt and find themselves having to restructure or die. Child’s play this is not. | |
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