Many retail companies are facing challenging financial situations as online shopping and low-priced competitors. Toys R Us seems to be a sign of what's to come for other retailers. Some are calling it the 'Retail Apocalypse'. Some retail chains have been able to refinance in order to avoid bankruptcy. What other strategies can these retail chains with large debts adopt in order to avoid bankruptcy? What lessons can learned from this and would it help other companies? Discuss.

Answer rating: 100% (QA)

Retail chains with large debts can adopt several strategies to avoid bankruptcy 1 Restructuring debt ... View the full answer