Toys R Us made 2 fatal mistakes that led to a death spiral

Reuters Toys R Us is reportedly filing for bankruptcy as soon as this week.  The iconic American toy retailer is considering bankruptcy as a part of its potential plan to restructure roughly $ 400 million in debt due in 2018, CNBC reported.  Toys R Us made several key mistakes that are killing its business Neil Saunders, managing director […]

DALIO: The US and UK might be facing a ‘downward spiral’

Business Insider The past 24 hours – with Jim Comey’s testimony and the UK’s snap election – are a cause for alarm to the founder of the world’s largest hedge fund. The US and UK, in effect, are becoming dysfunctional, billionaire Ray Dalio said Friday in a statement posted to his LinkedIn page. “Over the last […]

‘THIS IS A DEATH SPIRAL’: The tsunami of store closures is doubling in size

Skye Gould/Business Insider Nicholas Eckhart Retailers are closing stores at a staggering rate. About 2,000 store closures have been announced just within the last six weeks, bringing the total number of planned closures this year to nearly 5,100. That number is expected to keep growing, and reach more than 8,600 before the end of the year, […]

The Viral Spiral

Shrina Begum, the owner of Karri Twist, and the fake news story that’s ruining her business. Shrina Begum couldn’t understand why people were calling her Indian restaurant to accuse it of selling human meat. The calls started on May 11, and by the next day Begum says she and her staff had answered hundreds of […]

Cholera outbreak in Yemen kills 34 people, may spiral out of control – WHO & MSF

An acute outbreak of cholera-related cases in war-torn Yemen has claimed the lives of at least 34 people in the past two weeks with over 2,000 people still sick, WHO has said. Meanwhile, Doctors Without Borders has warned that the outbreak could spiral out of control. “There have been 34 cholera-associated deaths and 2,022 cases […]

Emmerdale spoiler: Laurel set to spiral back into alcoholism after husband Ashley’s death?

Her husband Ashley Thomas (played by John Middleton) has been suffering from dementia for the last year, but his health is set to deteriorate next week. Laurel (Charlotte Bellamy) will bring her ailing partner back home where he will die of pneumonia surrounded by his friends and family. Speaking to this week’s Woman’s Own, actress […]