Comment on Retail chains filing for bankruptcy protection in 2017

Retail chains filing for bankruptcy protection in 2017

Toys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape altered by technology and changing consumer tastes. There is even a new term that has emerged which points to the dire state of the industry: Chapter 22. Those are companies that have been forced to seek bankruptcy protection for a second time.

 

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