When Toys “R” Us sought bankruptcy protection last September, there was good reason to believe the iconic retailer would work through its problems and emerge a leaner but viable company. Its suppliers were confident enough they continued to fill its shelves with toys. On March 15, however, to the surprise of most people involved, the 70-year-old company announced it was shutting for good. Vendors now face at least $350 million of losses. The toy maker Mattel Inc. took a big hit to its...

Source: Wall Street Journal August 23, 2018 14:28 UTC