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Toys ‘R’ Us pushes credit cards on workers for sales boost - THOMAS DISHAW.COM


Toys ‘R’ Us pushes credit cards on workers for sales boost

Retailers during the Christmas shopping season use plenty of incentives to get employees to increase sales and new credit card accounts.

Bonuses and in-store discounts could be among the most popular.

But pressing employees to open credit card accounts because it would help boost the company’s Ebitda, an arcane term used infrequently outside the C-Suite? That is a new one.

But that is exactly what the brass at Toys R Us did.

The toy retailer has signs on tables in employee break rooms urging them to increase Ebitda, or earnings before interest, depreciation ad amortization, by pushing company credit card accounts, a store employee told The Post.

“On the back side are mathematical formulas for calculating incremental sales and Ebitda, as though some clerk were actually going to sit down and do this to see just how much money they can make for the bosses,” the employee told The Post.

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