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. Stykthyn

    Stykthyn Well-Known Member

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    50% on garbage. Candy, pencil boxes, generic crap. Anything of value only has a 5-10% discount or has already been auctioned off to wholesalers
     
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  2. Deadend

    Deadend Spark of Creation

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    Must be only yours then. My local ones have nearly everything at 30% at the minimum, only thing not is Lego which is at 15%. But all other building block brands are currently at 30% off. All action figures were at 30% too(including transformers and role play toys of action figure lines).
     
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  3. Stykthyn

    Stykthyn Well-Known Member

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    I think it depends on when the store closure was announced.. Some went on sale much earlier than others due to some stores not being scheduled to close until the hearing was over.
     
  4. Super4Ever

    Super4Ever Well-Known Member

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    Like others have said, all the ones around me are at least 30% off. It’s very strange that yours is still doing a 5-10% discount.
     
  5. TGS1985

    TGS1985 Well-Known Member

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    I think it was announced before mine received a restock in TFs because it litterally had the same figures it had before bankruptcy was originally announced which is a bunch of wave 1 prime Masters and legends plus a couple of the 3 headed dragon from the movie, and the $150 Cybertron figure. So basically leftover crap.
     
  6. Deadend

    Deadend Spark of Creation

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    Mine were two of the ones that would have stayed open until the all stores closure was decided from bankruptcy. Had even pushed back the clearing out sale date due to the courts.
    So you may want to check your local ones again for how they've since adjusted prices.
     
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  7. G.B. Blackrock

    G.B. Blackrock Autobot Ally

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    It's called a "leveraged buyout" and they're increasingly popular. The "plan to make money" involves lots of things, and they don't always work out. I'm too tired of all this to get into more detail yet again. This was discussed months ago.

    Suffice it to say, a few people DID make money off of this, but it wasn't the company itself, and especially not its workers.
     
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  8. Optimus423

    Optimus423 Toys"R"Us Veteran

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    Action figures are now 40% off, Lego is now 20% off. Some other stuff dropped too as of today but, it's still all 30-50% off (certain exclusions apply).
     
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  9. Night Flame

    Night Flame TFW2005 Supporter

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    GB Got most of it, but he missed one essential step. While saddling the bought company with the debt used to buy it, there's a MASSIVE amount of management fees handed back to the corporate parasites. . . er, um, parent company. And if there's ever any sign that the bought company is beginning to right the ship, they increase those management fees. In their perfect vision, they can keep it going indefinitely (See Guitar Center, rumored to be on the brink year after year, yet still somehow plugging along), but they don't much care if they accidentally tip the bought company over the edge and kill it, because there's dozens of other purchased companies all balancing on that knife-edge feeding the parent company.

    If you want to feel a little queasy, do some research on the companies Bain Capital has purchased over the last couple decades. It's fascinating just how utterly devoid of sense it seems on the surface, yet how completely understandable it is when greed is considered above all else.
     
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  10. G.B. Blackrock

    G.B. Blackrock Autobot Ally

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    It's less that I "missed" it and more that I intentionally glossed over it, because I'm sick and tired of talking about it. Also, there is some debate on the news sources out there as to whether or not this actually worked in the TRU purchase (that is, whether Bain, et al., actually made money on the TRU deal), which was the specific point that the poster was trying to pressure TRU about (TRU being the wrong entity, of course).

    But you certainly describe the intention well enough, and if you or anyone else wants to supply all those dirty details, have at it!
     
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  11. Rated X

    Rated X Well-Known Member

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    F**k em. Walmart is the new TRU.
     
  12. Night Flame

    Night Flame TFW2005 Supporter

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    That was pretty much as much as I wanted to say about it. I've watched the spiral happen to several other companies I've enjoyed over the years, and it's always fascinating to watch, even as it makes your stomach churn.
     
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  13. WishfulThinking

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

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    Not...exactly. If Hasbro were to go belly up, assets would be sold off. That includes all the companies absorbed into Hasbro's corporate webbing you mentioned...Kenner, Galoob, Milton Bradley, Tonka, Fisher-Price...all would be either packed together for another entity to slurp up or piece-mealed out to other companies (like Revell). But I highly doubt all of them would spontaneously stop existing. They'd just change hands.
     
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  14. GizmoTron

    GizmoTron Roobaticon Commander

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    Went looking today for a Grotusque but found nothing. Action Figures are 40% off now, but the only Transformer of note I found was Infernicus and frankly to me that's still too much for him.

    Also saw enough Power Rangers Lion Fire Fortress Zords today that could be put together to probably make a single one to scale, and a enough WWE World Champion title belts to wrap around his waste, too.
     
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  15. Sportimus

    Sportimus Well-Known Member

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    How depressing it is then to see so many Walmarts with toy isles with bare shelves and empty pegs most of the time....
     
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  16. G.B. Blackrock

    G.B. Blackrock Autobot Ally

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    For what it's worth, I've not found Grotusques at any TRUs in my area that I've been to (specifically in the LA area, if that helps). I imagine that they were just sent to a few.

    I did find Arcees back in that weird time that they were showing up at TRUs, but those have long since been sold.
     
  17. Mark

    Mark Just here for the toys

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    Walmart sucks, Ray.
     
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  18. RKillian

    RKillian http://www.rktoyandhobby.com

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    Retail is a tough enough business without being actively sabotaged.
     
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  19. Nighthawkblack

    Nighthawkblack Well-Known Member

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    I know how it was purchased, that wasn't my question which you read literally. I'm just upset that when it happened, I never saw any significant changes over the years so I doubt there was ever any intent to make it better. Having worked there as a kid and always enjoying seeing so many toys in one place it is just frustrating. Those that put the plan together walk away richer than before the plan while jobs are lost and now we will have an childhood brand name turned into adult sites. Even more so Babies are us will go and there are so many things people want or need when kids are born and it was so easy to go to one place. It's all just sad.

    Now it looks like JC penny will fail next. Retail is not going to survive if they don't change things up significantly.
     
    Last edited: May 17, 2018
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  20. TFXProtector

    TFXProtector Well-Known Member

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    I bought toys, games, baby food and even car seats there. All in one trip and I didn't even have to go to Walmart. It was so nice...
     
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