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Did you know that Toys’ T’ Us had an enormous debt of $5 billion pre-bankruptcy, and years of weak sales as business?


Did you know that Toys ‘R’ Us filed for bankruptcy protection
on the summer 2017?

Did you know that the struggling toy retailer Toys ‘R’ Us has closed an enormous
number of stores, 180 stores to be specific or nearly 20% of its fleet,
as it tries to get back to being a viable chain?

Did you know that Toys ‘R’ Us had asked federal bankruptcy
court in Richmond, Virginia for permission to close those 180 stores, saying
it has “faced a challenging commercial environment”?

Did you know that Toys’ T’ Us had an enormous debt of $5 billion pre-bankruptcy, and years of weak sales as business?

Did you know that Toys ‘R’ Us CEO Dave Brandon said that through the first three quarters of this
had a net lost of $862 million?
fiscal year, the chain

Did you know that nearly
half of the locations closing will be Babies ‘R’ Us stores?

Did you know that baby products
generated 45% of company revenues in the first nine months of the fiscal
year?

Did you know that Toys ‘R’ Us stores generated $925 million last year, according to court filings?

 Now if you didn’t know, now you know…

To see more did you know that trivia click here

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