You're factually wrong, as described in the linked case study and a million other similar ones - whether they're about Toys R Us specifically or otherwise.
Toys R Us still exists where I live (Canada). I admit I don't go in often outside of holiday shopping, but it's still the same Toys R Us it's always been, natural shifts in toy inventory notwithstanding, of course.
I'm not sure why you're riding for the predatory PE firms, here. "That's why they don't exist"? My brother in Christ, they still do - and still would if it weren't for this aggressive bullshit.
How is he "riding for PE firms"? The writing was on the wall for Toys R Us (in the US at least) long before they went private. It had been surpassed by WalMart, speciality stores like GameStop were increasingly stealing valuable segments, the company's online presence failed, and online competition from Amazon and other retailers was just getting started. Meanwhile physical Toys R Us stores were the exact opposite of "comfortable" or "welcoming" - think Staples for toys. Nothing is impossible but their survival was really only feasible with a "burn it all down and start over again" strategy, not just small tweaks to the legacy Toys R Us model.
Toys R Us still exists where I live (Canada). I admit I don't go in often outside of holiday shopping, but it's still the same Toys R Us it's always been, natural shifts in toy inventory notwithstanding, of course.
I'm not sure why you're riding for the predatory PE firms, here. "That's why they don't exist"? My brother in Christ, they still do - and still would if it weren't for this aggressive bullshit.