Toy R Us bankruptcy? Children will be less a place to buy toys

Bloomberg reports that Toys R Us filed a filing filed with the court on Monday. Toy'R'Us has more than 1,500 stores worldwide and sells toys and baby supplies through sites such as Toysrus.com and Babiesrus.com. According to the company statement, Toy Rudou City in addition to the impact of the impact of online stores, price competition and reduce the flow of people, but also to cope with 12 years ago after the financial burden of privatization. The chain holds $ 3 billion in creditors, which can limit the maturity of the debt to avoid bankruptcy.

David Brandon, the chief executive, took over the Toys-R-Us in 2015, trying to bring a more enjoyable experience to shopping. Launched the "Hot Toy Search", so that customers can accurately in the local store to find "Holiday Toys list" listed in the goods. The chain offers 20 years the most popular 50 annual list of toys.

While Brandon has made some progress in debt reduction, he will not be able to recover the tight chain of financial conditions. The company's net loss for the quarter ended April 29 was $ 164 million, compared with $ 126 million for the same period last year. Has not shown an annual profit since 2013.

Toys-R-Us (Toys'R'Us) is a childhood memory of toys to buy toys, but also now children and father and mother favorite places, if the toy R Us (Toys'R'Us) really bankrupt, we are Taiwan can see toy city (Toys'R'Us)? Or what kind of company will buy Toys R Us (Toys'R'Us) it? Let's keep track of. Before the break, the first weekend to visit a wave of it!