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Toys R Us was actually making a profit at the time it filed for bankruptcy and closed all its U.S. stores. How is that possible? The answer isn't only about competitors like Amazon - Wall Street had a major role too.
Learn more:
Toys “R” Us Employees Seek Severance From Private Equity by Axios
www.axios.com/toys-r-us-priva...
Retail Reckoning: How Private Equity Is Boosting Some Brands and Crushing Others by Reuters
fortune.com/2018/04/24/retail-...
The Silent Crisis of Retail Employment by The Atlantic
www.theatlantic.com/business/...
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