Toys R Us Goes Bankrupt: Here’s Why Video Games are to Blame

September 19, 2017

Toys R Us has filed for bankruptcy in the US and Canada, with the once mighty retailer having racked up $5 billion in debts before filing Chapter 11, marking a last-ditch effort to restructure its finances.

The company is facing around $400 million in debt repayments that are due to be made in 2018, though has secured around $3 billion from various lenders during this difficult…

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