Business Insider -
16 Mar 2018 18:04

AP/Gunnar Rathbun Toys R Us saysAmazon, Walmart, and Targetdiscounted toys so steeply over the holidays that the toy chain couldn't compete. Toys R Us relies "exclusively on toys for profit," whereas Amazon, Walmart, and Target sell a broad array of merchandise to make up for profit losses on toys, the company said in a filing. Toys R Us blamed Amazon, Walmart, and Target for creating a "perfect storm" over the holidays that sent the toy chain into a death spiral that could end in the closure of...
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