Toys ‘R’ Us has declared bankruptcy.
Toys ‘R’ Us might file for bankruptcy as soon as today, according to Bloomberg. That should help the toy giant restructure the $400 million in debt that comes due for it next year, which it was saddled with after getting bought out a decade ago. While the retail chain has been suffering declining sales for five years, Amazon has continued to grow its own toy sales, taking a bigger share of the industry.
玩具公司已宣布破产。
彭博社说,玩具公司可能会在今天立即申请破产。这应该有助于玩具巨头重组明年的4亿美元的债务,这在十年前被买下来之后就受挫了。零售连锁店五年来一直在下降销售,亚马逊继续发展自己的玩具销售,占据了行业的更大份额。
https://www.engadget.com/amp/2017/09/18/toys-r-us-might-declare-bankruptcy-soon/
Toys R Us files for bankruptcy