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MGA Entertainment On Mattel: 'Simply Too Much Mess To Clean Up'
Wednesday, June 19, 2019 - 8:30am | 238Mattel Inc (NASDAQ: MAT) shares are down Wednesday morning following a report MGA Entertainment CEO Isaac Larian has abandoned interest in a merger deal. "With close to $4 billion in debt at an average interest rate of 6.58%, a staggering 42% in operating expenses, and a major legal liability...
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Could Nostalgic Toys 'R' Us Kids Crowdfund The Bankrupt Retailer's Rescue? One Billionaire Investor Hopes So
Friday, March 23, 2018 - 4:16pm | 428Just six months after toy retail giant Toys ‘R’ Us declared bankruptcy, the company announced it will be liquidating its remaining assets and closing its remaining stores. For millions of Americans, the Toys ‘R’ Us brand holds nostalgic value in their hearts. But before the...
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Toys 'R' Us CEO's Turnaround Plan: Become More Of A 'Toy Store,' Less Of A 'Garage Sale'
Monday, September 19, 2016 - 1:22pm | 578Dave Brandon is the CEO of Toys "R" Us, and he isn't happy at all with what he sees inside the retail locations. According to a Bloomberg report, Brandon visited a Toys "R" Us store in Secaucus, New Jersey, and needed just five minutes before spotting problems....