Toys "R" Us is closing its doors after 70 years in business. The toy retailer will close all of its stores and plans to liquidate the remaining inventory. In total, Toys "R" Us had around 800 stores. This means that approximately 33,000 people will lose their jobs. The company filed for bankruptcy six months ago and has been struggling to restructure its debt since then.
In other bankruptcy news, iHeartMedia is filing for bankruptcy protection. The largest U.S. radio company said it reached an in-principle agreement with investors to restructure its debt.
Currently, the company has more than $20 billion in debt. iHeartMedia, which owns iHeartRadio, has been faced with declining sales and a shrinking customer base in recent years.
The former CEO of Walmart.com joins us to talk about his new book. Carter Cast gives readers an honest look at his own career path in "The Right and Wrong Stuff: How Brilliant Careers Are Made and Unmade." He opens up to Cheddar about his many successes and failures over the years.
Plus, we talk to the cast of "Love, Simon" about their new movie that hits theaters this Friday. Jennifer Garner stars alongside Nick Robinson and Katherine Langford from Netflix's "13 Reasons Why" in this coming-of-age story. The cast agrees that the time was right for this film, which centers around a gay high school student. "Love, Simon" hits theaters Friday, March 16.
Genesis just committed to 22 new vehicles by 2030. The brand's COO joins us live to break down their luxury takeover, NY Auto Show reveals, and what's next.
Super League is redefining brand advertising, inside Roblox and Minecraft, reaching 300M gamers with results traditional ads can't touch. Here's how they do it.
As OpenAI and Anthropic eye public markets, Mizuho analyst Lloyd Walmsley tells us which AI giant has the stronger case for investors and what to watch next.
Hershey's VP of Marketing Dan Mohnshine reveals the brand's newest products, the story behind Dirty Soda Twizzlers, and how an iconic brand stays relevant.
Lavu CEO Saleem Khatri joins to explain how AI-powered POS systems are changing how major franchises like KFC take orders, cut costs, and serve customers faster
BillionToOne's Jen Hoskovec breaks down the Unity test, the latest in prenatal genetic screening, and what it means for those born with genetic conditions.
