, Columnist
Here's What Toys 'R' Us Needs to Do Now
All is not lost, but business as usual won't cut it.
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Another day, another retailer walloped by an unmanageable debt load: Toys "R" Us Inc., the privately held big-box chain, said Monday night it had filed for Chapter 11 bankruptcy. The company said its stores would continue to operate normally as it builds a healthier capital structure.
Easier said than done. As Toys "R" Us tries to pick up the pieces, I'd argue selling more dolls and plastic light sabers isn't necessarily the place to start. The company needs to take a hard look at its baby business, which lately has been an albatross.