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Toys R Us has done some stupid things but this takes the cake.

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  • Teemu
    Persistent Member
    • Dec 15, 2010
    • 1742

    #16
    Reality is....The Economy sucks,many are broke and they don't need Toys to live as they are luxuries

    Toys R Us are in financial trouble....they just announced they are closing 100 stores

    They are in HUGE Debt and the Lender's are soon calling in that Debt, while then TRU won't be able to re-finance because Lender's won't lend to them anymore.

    It won't happen over-night,but in the next few years (possibly 5-10 years) TRU will face the same fate as Kay-Bee Toys

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    • jreinhardt
      New Member
      • May 10, 2007
      • 46

      #17
      But TRU bought Kaybee...

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      • darkmonkeygod
        Career Member
        • Sep 5, 2005
        • 850

        #18
        Originally posted by jreinhardt
        But TRU bought Kaybee...
        TRU bought the name from a bank that held as an asset after KB's liquidation in order to kill any possible competition which might result from a resurrection. The company and all it's stores and website were out of business.

        Here's a great article on how a capital investment firm bought and cannibalized the company:

        Greed-and-Debt

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