Toys R Us Bankruptcy!!! Oh No My Favorite Childhood Store Closing 😥!

in #money7 years ago

HK_Toys_R_Us.jpg Toys R Us is closing 180 of their stores by early Febuary until early part of April! They will at least give their employees a store closing bonus in which i don't really know how i feel about that actually helping their situation any. It is so sad that all of these companies such as sams club now toys r us which on my opinion has always been great money making businesses are all closing down. What will close down next with no warning is the scariest thing to think of right now with so many companies going bottoms up? What are your takes on where the economy is heading?

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Marketing.... Even a homegrown "name" can be bankrupt if not properly handled. In this fast pace era, they need to adopt certain approach to become relevant to that market.

Also the competition between TECH and TOYS are felt today. They need to be aggressive in selling Physical related activity to kids rather than they would sit whole day with their gadgets.

Thank you for sharing this @shelisa42

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