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September 29, 2017

Comments

You incorrectly imply that TRU owes vendors $7.5 B. That figure includes all outstanding liabilities, the vast majority of which are loans, not trade payables.

Thank you for your comment. I got the information from the Washington Post article cited in my post. Here is the full quote from the Washington Post:

"Toys R Us owes $14.06 million to Jakks, which last year posted a profit of $1.2 million, making the California-based toy supplier one of more than 100,000 creditors sideswiped by the toy chain’s bankruptcy in the run-up to the all-important holiday season. In total, Toys R Us owes $7.5 billion to a group that includes virtually every major toymaker in the country: Mattel (owed $136 million), Hasbro ($59 million), Spin Master ($33 million), Lego ($32 million), Radio Flyer ($12 million), Crayola ($2.6 million)."

Please let us know where you got your information from so we can know what is accurate.

Richard

you don't let a $11.3 Billion business go down the drain. Someone will bail them out. They will still be in business 20 years from now. They need someone at the Helm that knows the toy business and can bring them back as the Toy Store to visit. They need to increase their SKU base and make it a Destination Store not just a Toy Store.They have to become more competitive and increase their Import Selection. The Import Selection will give them the Margin to offset the competitive pricing of Amazon, Target, etc.

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