60,000 People Probably Losing Their Jobs as Toys 'R' Us Shuts Down
60,000 People Probably Losing Their Jobs as Toys ‘R’ Us Shuts Down
Paul Ziobro and Lillian Rizzo (WSJ paywall link): Toys ‘R’ Us Inc. told employees Wednesday the struggling big-box retailer will sell or close all its U.S. stores, a collapse that threatens up to 33,000 American jobs in the coming months. This place that I think almost everyone has good memories of was driven to waste by vultures who burdened it with debt. They bought Toys ‘r’ Us with loaned cash…
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