Thread regarding Mattel Inc. layoffs

UK Bankruptcy of Toys R Us next week...

The dam is bursting and I'd be surprised if they make it to 2019 without at least a MAJOR haircut in number of stores, with the real possibility of complete collapse.

https://www.theguardian.com/business/2018/feb/23/toys-r-us-faces-bankruptcy-putting-3200-jobs-at-risk

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Apparently they will be closing an additional 180 stores on top of the 200 or so they're already in the process of closing in the US. This takes the total number of closures close to 50% of their pre bankruptcy total. Looks tough. Hopefully they can pull through.

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