Toys R Us joins bankruptcy list as Amazon exerts influence
NEW YORK (AP) " In filing for bankruptcy, Toys R Us joins a list of dozens of store chains that have done so already this year as online leader Amazon increasingly exerts its influence over a huge part of the retailing world.The toy chain, hobbled by $5 billion in debt and more intense competition, filed for protection from its creditors ahead of the key holiday season. Like so many retailers that find it harder to co-exist with Amazon, analysts say Toys R Us needs to improve its [...]
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