One of the most well known examples of activists leveraging the power of an investor to achieve a material campaign goal – a type of action known as a Capital Strategy – is the case of Toys "R" Us workers' fight for severance after the company's bankruptcy.
This case study provides the story of that case from the perspective of Capital Strategies – how did financial actors create the problem in the first place? Why did labor leaders decide to work with investors, in this case pension funds, to try to mitigate the harm of this bankruptcy on workers? What made the campaign at least partially successful? These questions are answered in this case study.