Geoffrey the Giraffe Up to His Neck in Debt
“It’s no wonder that Tom Hanks’s character in the movie Big, finding himself transformed into an adult, wants to get out of the toy business and go back to being a kid.” The Toys R Us bankruptcy is of course a story about the pressures created by online shopping. But it’s just as much (if not more) a story about debt. From Amy Merrick in The New Yorker: How Toys R Us Succumbed to Its Nasty Debt Problem.