Business News: Toys R Us considers filing for bankruptcy

Business News: Toys R Us considers filing for bankruptcy


rt TO THE CONVERSATION. ON PAPER THE SACRAMENTO AREA CERTAINLY TAKES A LOT OF — TICKS A LOT OF THOSE BOXES. KELLY: THE ONE THING THEY DO NOT rtIS BUSINESS FRIENDLY. WE ARE FRIENDLY, BUT CALIFORNIA IS ALWAYS 49TH OUT OF 50 STATES WITHrt THE ABILITY TO PUT TOGETHER TAX PACKAGES AND INCENTIVES. WE HAVE NOT BEEN GREAT AT THAT. MAYBE WE COULD CHANGE THrtINGS. COULD YOU IMAGINE AMAZON AT THE RAIL YARD? YOU COULD THROW IN THE ARENA AS A DISTRIBUTION CENTER. I THINK PEOPLE WOULD LOVE IT AND IT WOULD BE AN UNBELIEVABLE KICKrt TO OUR ECONOMY. THIS IS PROUDLY — BUSINESS FRIENDLY FOR CALIFORNIA HAS BEEN A CHALLENGE AND AMAZON MIGHT BE THINKINGrt LET’S PUT IT IN THE EASTERN HALF OF THE COUNTRY. WE WILL HAVE TO WAIT AND SEE. IT WILL BE A COUP FOR SOMEONE. THE LABOR MARKET IS FEELING THE rtEFFECTS OF HARVEY. INITIAL JOBLESS CLAIMS UP 62,000 LAST MONTH. THAT’rtS THE BIGGEST JUMP IN FIVE YEARS SINCE HURRICANE SANDY CAME TO SHORE. THE DOW IS IN POSITIVE TERRITORY CONTINUING TO DIG ITS SELF OUT — IT SELF OUT.

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About the Author: Oren Garnes

3 Comments

  1. Sorry to say, but Toys R Us glory days have been over since the early 2000's! The company served it's purpose in the 80's & 90's, but their failure to expand and innovate has hurt them just like many of the other companies of the 80's & 90's such as Circuit City, Blockbuster, Sports Authority, Comp USA and the list goes on.

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