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Stocks seeing effects of Toys ‘R’ Us store closure announcement

Jan 25, 2018 |

Following a Toys ‘R’ Us announcement this week that the retailer would shutter hundreds of stores, the estimated sale growth figures for two of the nation’s largest toymakers are falling. Linda Bolton Weiser, Institutional Research Analyst for D.A. Davidson, comments on the effects in “Toys ‘R’ Us says to shut a fifth of its U.S. stores,” an article written by Ismail Shakil for Reuters.

Read the full article here.