Toys R Us has moved to wind down its U.S. operations. On Thursday, the toy retailer filed a motion in federal bankruptcy court . The liquidation could leave some 30,000 store and distribution employees without jobs. Attorneys for Toys R Us noted in a court filing that the company's plan does not "[preclude] the prospect of any going concern option for U.S. stores."
Saddled with debt and tipped into bankruptcy by a supplier panic, Toys R Us went into Chapter 11 in September hoping to use the process to fix its business for the long-term. It appears now that won't happen. On Thursday, the company requested court permission to wind down its U.S. operations after failing to find a buyer or new capital to keep it afloat after a wretched holiday season. The toy seller had been losing market share for years to mass merchants.
The next few weeks could determine the ultimate fate of Bon-Ton stores. When the department store retailer filed for Chapter 11 early in February, it had no clear path out of bankruptcy. Or rather, it had a few. The company said after filing that it would try to draw a buyer, while also planning to close more than 40 stores and pursue a reorganization. Meanwhile, the retailer has been flanked in court by a group of bondholders that have been clamoring for asset liquidation to pay off lenders.
Here is a Wall Street analyst's take on the wave of tax cut/wage hike PR from #retailers: "Now retailers are going through round 2 of wage investment, under the cover of tax cut reinvestments, but the reality is market forces would have required it regardless." $WMT$TJX$DGD
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".