5 Billion Reasons Toys ‘R’ Us Struggles as Amazon Soars – Wall Street Journal (subscription)
Toys “R” Us Inc. will get a new website this summer as it struggles to compete online with its cash-rich rivals. The toy retailer, laden with $5 billion in debt, has spent $100 million over the past several years to help boost its online sales.
That won’t stop the toy chain from falling further behind its rivals. Wal-Mart Stores Inc. bought Jet.com last August for $3.3 billion and since then has purchased three more online retailers….