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Toy R Us went bankrupt in large part due to executives selling itself to a private capitol firm that saddled it with so much debt that even with its stores main
by ineedasername 5y ago
Toy R Us went bankrupt in large part due to executives selling itself to a private capitol firm that saddled it with so much debt that even with its stores maintaining decent operating profits the company as a whole could not maintain the debt payments.
Amazon certainly didn't help their bottom line, but it wasn't the nail in the coffin either.