It has 60,000 employees around the world and around 1,600 stores - all busily preparing for the crucial Christmas trading period. But even that scale hasn't been enough to protect Toys R Us, it seems. The toy-retailing specialist has filed for bankruptcy in the US to provide it with protection against its creditors and huge debts. A comment from an industry analyst in this Sky News report suggests it might:"The past decade has seen a dramatic change in the domestic toy market with new channels, increased competition, and new technology all having a deleterious impact on the sector and traditional toy stores. Unfortunately, Toys R Us has not responded effectively to these challenges and, as a result, has found itself with both a weak balance sheet and falling sales."
