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re: Toys R US Collapse Impact on Real Estate (Update: Bye Bye)

Posted on 3/15/18 at 1:05 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37237 posts
Posted on 3/15/18 at 1:05 pm to
quote:


TRU was overleveraged to the point that they couldn’t cover their debt obligations. What is a toy vendor supposed to do, subsidize those payments with lower margins?


That CEO is rather full of it, and you have to wonder if that's part of the company's problem.

He's made a number of statements along the lines of "you're gonna miss us when we're gone". Yeah, I don't believe so.
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