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Another industry leader files for bankruptcy  – Toys ‘R’ Us

Toys ‘R’ Us joins a list of one time industry leaders who tried to hold on to their bricks and mortar dominance which is no longer relevant.

‘…like many other big-box chains, including Borders, Circuit City and Sports Authority, Toys ‘R’ Us struggled with the rise of discounters like Wal-Mart StoresInc. and Target Corp. , and more recently,Amazon.com Inc. It was late to develop and expand its e-commerce business and placed big bets on licensed toys for “Star Wars” and Lego movies that missed expectations.’

https://www.wsj.com/articles/toys-r-us-once-a-category-killer-is-forced-into-bankruptcy-1505792620?mod=e2fb

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