Originally Posted by
Chris Ryser
Something to think about .....................................
The nation’s most iconic and beloved toy store, Toys ‘R Us, is officially bankrupt.
The End of an Era? Once the nation’s most iconic and beloved toy store, Toys ‘R Us, is officially bankrupt. Its decline is just the latest in a growing trend of big box stores closing doors as eCommerce platforms gain traction and as consumer behavior shifts away from in-store visits.
Toys ‘R Us faced imminent deadlines to pay off hundreds of millions in debt, and with no way out was forced to file Chapter 11. For investors, this and other big box lessons underscore the importance of investing in companies that are pouring resources into adapting their business models with the times. Companies like Walmart and Target, even with their big box approach, have managed to grow over the last few years as other retailers like Toys ‘R Us and JC Penney have failed to evolve quickly enough.
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