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Toys R Us joins bankruptcy list as Amazon exerts influence

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Karl Havard, retail and digital expert at PA Consulting Group, discusses the Toys R Us Chapter 11 bankruptcy protection filing and Amazon's influence on the global retail sector. 

Karl says: "Amazon has the level of convenience that so far surpasses the ability of traditional retailers can offer."

He adds: "There's a lot of inertia in the retail boardroom" and traditional retailers are "not prepared to take the risk."

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