Sep 19, 2017

Where Toys "R" Us ranks among retail bankruptcies

Toys "R" Us is the second-largest retail bankruptcy of all time, in terms of assets at the time of going under, according to S&P Global Market Intelligence. The only one with more assets was Kmart back in 2002.

Data: S&P Global Market Intelligence; Chart: Chris Canipe / Axios

  • Breakdown: Nearly half of the company's $6.6 billion in assets are in property and equipment, while another $2.4 billion relates to inventory (data through April 29, 2017).
  • Symmetry: $6.6 billion is also the same amount that private equity firms paid to acquire Toys "R" Us in 2005, a deal whose giant debt-load helped contribute to today's bankruptcy filing.

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The generational confidence gap

Data: The Conference Board, DB Global Research; Chart: Axios Visuals

November's consumer confidence report showed the largest gap between the confidence of consumers under 35 and those over 55 in the history of the Conference Board's report.

The state of play: Younger people have typically had higher confidence scores, but that has changed in recent years, the data show.

Go deeperArrowJan 3, 2020

Tesla short sellers wish Elon Musk had funding secured at $420

Data: Money.net; Chart: Axios Visuals

Tesla has been among the most derided companies in the world, but CEO Elon Musk has been getting revenge against hated short sellers since the electric car company's June swoon.

Why it matters: Many probably wish Musk had taken the company private at $420 a share, as he said he would in an August 2018 tweet in which he claimed to have "funding secured" for the move.

Go deeperArrowJan 14, 2020

The world's 500 richest people saw their collective net worth grow by 25% in 2019

Priscilla Chan and Mark Zuckerberg. Photo: Ian Tuttle/Getty Images for Breakthrough Prize

The world's 500 richest people added $1.2 trillion to their collective net worth in 2019, boosting their holdings by 25% to $5.9 trillion, according to Bloomberg.

Why it matters: Income inequality has become a key issue for politicians around the globe, highlighted by the fact that the wealthiest 0.1% of Americans now hold a larger share of wealth at any point since 1929 — the start of the Great Depression.

Go deeperArrowDec 27, 2019