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Toys R Us begins liquidation sales ahead of store closings - TL;DR CNBC

Toys R Us begins liquidation sales ahead of store closings

Publishing timestamp: 2018-02-07 14:38:31


Summary

Toys R Us has received court approval to close about 180 stores, with liquidation sales starting immediately. The company is restructuring to become more competitive in the retail industry after losing market share to competitors like Amazon, Target, and Walmart.


Sentiment: NEGATIVE

Tickers: WMTAMZNTGT

Keywords: business newsamazon.com inctarget corpwalmart incretail industry

Source: https://www.cnbc.com/2018/02/07/toys-r-us-begins-final-sales-ahead-of-store-closings.html


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