Question
This is a general question, no data is missnig. Do you agree with my statement below about Toys R Us? The business that I have
This is a general question, no data is missnig.
Do you agree with my statement below about Toys R Us?
The business that I have selected to talk about that has failed due to their shortcomings of management and competition was, Toys R Us. It was a bittersweet moment when Toys R Us said, they were going out of business, because they were bankrupted, on top of the competition that they were getting. The problem that came along with Toys R Us was, upper management thought that it would be a good idea to make different changes within the business even though everyone else around them was selling their products much more cheaper and toys r us was not buckling on their prices. Due to wanting more revenue instead of thinking of what that was going to do to the business, they went under. Competition like, Walmart, Target, Amazon and so many others started to look better, because their prices make people's pockets more happy and they find ways to stay in the stores longer because they want to see what else the store have to offer. Better deals for the better price, this is what people wanted from Toys R Us, but they never gave it to the public.
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