This is an appallingly researched and worded article, with no credible source and fundamental misunderstanding of how this market works. Credit insurers have been supporting Toys R Us for years in the face of poor and deteriorating performance, and I can assure you they are not taking the dramatic action described, although they do have genuine concerns and are in close dialogue with Toys R Us. Misinformation such as this does great harm to an industry dedicated to providing suppliers with the peace of mind to offer credit terms to their customers.
This is an appallingly researched and worded article, with no credible source and fundamental misunderstanding of how this market works. Credit insurers have been supporting Toys R Us for years in the face of poor and deteriorating performance, and I can assure you they are not taking the dramatic action described, although they do have genuine concerns and are in close dialogue with Toys R Us. Misinformation such as this does great harm to an industry dedicated to providing suppliers with the peace of mind to offer credit terms to their customers.
So, are you saying that the credit Insurance Companies haven’t removed Toys “R” Us from some policies and not declining to renew coverage for some?
Are you saying that ToysRUs’ performance is not worrying and that they won’t be filing for Bankruptcy soon?
So, are you saying that the credit Insurance Companies haven’t removed Toys “R” Us from some policies and not declining to renew coverage for some?
Are you saying that ToysRUs’ performance is not worryinh and that they won’t be filing for Bankruptcy soon?