Amazon didn’t kill Toys R Us, greedy Wall Street profiteers did it

Amazon didn’t kill Toys R Us, greedy Wall Street profiteers did it

The so-called Retail Apocalypse can be attributed to Amazon and Walmart, but this is only part of the story. Another part belongs to private equity, whose methods of leveraging immense debt are wreaking havoc on the retail landscape. Toys R Us is the most recent victim. In 2005, three Wall Street firms … social experiment by …