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kleinbl00  ·  2403 days ago  ·  link  ·    ·  parent  ·  post: Toys R Us files for bankruptcy in US and Canada

Under bankruptcy they have 90 days to emerge profitable. 80 percent of their sales are the Christmas season. They were holding out as long as they could, hoping to make it to December 27. They're a week shy.

And they're five Billion. Dollars. In debt. They haven't been paying their vendors half an aircraft carrier's worth.

Let that sink in for a minute.

Retail vendors extended Toys'r'us enough credit to buy five stealth bombers. To shoot Avatar ten times over. To pay for three weeks of the Iraq War.

I suspect we're about to find out if a retailer can be too big to fail.