Re: Toys Toys Toys Files for Bankruptcy
Its the store overhead that killed them. Rent at premium rates with utility bills even if you shut down lights and HVAC. 5 locations, with 3 months of no walk in traffic, has got to be around 75k-100k in unrecoverable losses which is brutal for the small business owner. Plus these are mall locations so likelihood of the corporate landlord applying for CECRA is pretty low.
|