Detailed text transcripts for TV channel - CNN - 20171024:09:58:00
Dramatically over the past decade. the company lost $70 billion in value this year alone. it plans to slash $20 billion in costs. >> toys 'r' us, it's collapse is hurting toy maker sales right before the holiday season. shares of hasbro down 10% yesterday. it says it's holiday sales will be lower than expected blaming the recent bankruptcy of toys 'r' us. also hitting mattel. >> another sign of the rise of amazon. more people shopping on line. toys 'r' us trying to restructure and give a new kind of retail experience for people to try to come on the other side. >> you're on the spot. there are...
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