Toys R Us closing multiple US stores! 3-15-2018 - all stores expected to close

Discussion in 'Transformers News and Rumors' started by Prime135, Jan 23, 2018.

  1. Geof7609

    Geof7609 Brake Pioneer

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    Weird, the store closest to my work (Fullerton, CA) is telling customers they'll still be around throughout May, possibly into June. They, like the other TRU near my home, is still at the "up to 30% off" stage of the liquidation. I'm curious about how the closing schedule varies from store to store now.
     
  2. iacon45

    iacon45 Missing: One Custom Title

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    Could be their TRU store was one of the stores on the earlier closings list that started their closing sales before the announcement that the rest of the stores were going into liquidation.
     
  3. Lazerwave

    Lazerwave My Most Prized Treasure

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    I'm still wondering what's going to happen to those Toysrus Exclusives that were announced at this year's Toy Fair.
     
  4. mcart

    mcart I'm not fat, it's Prime Armor

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    visited my local TRU, still only 10% off Transformers but they did have the studio series TRU exclusive Thundercracker so I grabbed 2 of those (I'll wait and see if they do an official Skywarp and if not may try painting the blue purple!)

    Thinking of getting a couple more Ptero, he works so well!

    2018-04-15 13.44.06.jpg 2018-04-15 14.48.07.jpg
     
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  5. mirarage

    mirarage Agent of Primus

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    The building owner, IKEA, decided not to renew the lease another month.
    Liquidation schedule had to accelerate.
     
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  6. teemu8

    teemu8 Well-Known Member

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    Many stores will be. June 30th is the scheduled last day.

    Sale percentage depends on sales,which are in decline right now and quite possibly no raise in percentage until all the warehouses are emptied.
     
  7. NeilJam

    NeilJam Resident Audiophile

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    That is correct. Had it not been for their lease expiring, this location would have still been open for another month.
     
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  8. Optimus423

    Optimus423 Toys"R"Us Veteran

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    Ah, I see. I'm not completely familiar with how the whole process works or how the bidding goes. Thank you for your clarification!
     
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  9. G.B. Blackrock

    G.B. Blackrock Autobot Ally

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    For what it's worth, I've always understood the reference to mean "200 of the most profitable" rather than "the 200 most profitable." There's a slight, and important, difference.

    While a store must demonstrate that it's doing well, there can be other factors (geography would be one example) beyond JUST being in the top 200 that could lead to inclusion.

    Just my take.

    I wouldn't necessarily assume that it stays at TRU (unless it was always exclusive to TRU Canada to begin with), but would assume that the toys get released somehow, assuming anyone shows interest in carrying. Exclusivity contracts tend to be region-specific, and if there's no TRU in the US (and I would consider TRU Larian to be separate for these purposes), I assume it's fair game if others are willing.
     
    Last edited by a moderator: Apr 18, 2018 at 12:17 AM
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  10. GoLion

    GoLion I'm just doing my job

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    Honestly, unless it's Transformers, Power Rangers, Voltron, or an occasional Marvel Legends figures, I have no idea about toys. I did watch one video, but I thought the guy might've been exaggerating - It really is bad.
     
  11. artimus prime

    artimus prime SCALE Debater TFW2005 Supporter

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  12. TFXProtector

    TFXProtector Well-Known Member

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    I read what I could before they blocked me with their "Subscribe to us and you could read the whole thing!" crapola...

    It seems like they just want to close and let it die. They say he didn't reach the bid threshold, but $675 million for 200 stores, plus $210 million for the Canadian branch is nothing to sneer at when they're done as is.

    They just want to wash their hands of it and move on, from what I'm gathering.
     
  13. artimus prime

    artimus prime SCALE Debater TFW2005 Supporter

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    He might have better luck using the money to buy the Canadian branch since it's for sale.
     
  14. teemu8

    teemu8 Well-Known Member

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    of course it was....Why not just start up a whole new toy store/name, instead of buying and hanging onto a now dead, Name Brand. If he thinks toys for kids are still a viable market, start fresh and with something NEW.
     
  15. AzT

    AzT Azlaroc, Yeargroup 431 Moderator News Staff TFW2005 Supporter

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    Billionaire toy maker's bid to save Toys R Us stores rejected
     
  16. WishfulThinking

    WishfulThinking "Don't touch it! It's evil!"

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    Yep. Now we know he lowballed. If there were absolutely no other offers on the table, it might have been considered. But for the judge to decide this quickly, I think it was a foregone conclusion.

    The silver lining here is that there ARE other lower-profile bids, apparently, that is not a "publicity stunt". So, there's still a chance someone may do a similar buyout...just not one we're privy to.
     
  17. netkid

    netkid Where's my Goddamn shoe!

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    Rumor was Amazon would buy up the stores and make them Amazon retail hubs to deliver same-day shipping on new & essential products nation-wide. So imagine ordering a new Transformer or some laundry detergent and getting it delivered that same day because the store/warehouse is in your area/state.
     
  18. G.B. Blackrock

    G.B. Blackrock Autobot Ally

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    I'm not going to bother to include the specific comment that I'm replying to, because it's obvious that continued debate with him is pointless, but I do feel the need to point out that the Toys R Us name would be a far better boost to anyone who wanted to run a toy store than just starting one on one's own without a recognized name.

    Name recognition is important. To suggest that the TRU name is forever tainted with the stench of "failure" is to judge too quickly.
     
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  19. WishfulThinking

    WishfulThinking "Don't touch it! It's evil!"

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    Already is happening with WalMart and Kroger. It's the one thing Amazon can't do on a national scale yet, so that would make sense, if true.
     
  20. netkid

    netkid Where's my Goddamn shoe!

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    Yeah, there have been numerous news reports on it since March. Wouldn't surprise me to be honest since it would place them near Walmarts and Targets and they definitely could compete with those guys.
     

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