Discussion in 'Transformers News and Rumors' started by alldarker, Feb 28, 2018.
I miss zodiac, and being 10
Then Toys R Us should have, too. Some bars diversify and make money on the food, games feature dlc or iap's. Toys R Us didn't adapt. They sold products that were more expensive and had a problem with availability. If I have to go out of my way to travel out of town to some area where there's a toys r us and they HAVEN'T got what I want, then I'm going elsewhere.
Sing with me now!
"There’s a tragic old place
With no staff that cares
Where kids and their parents
All leave in a huff
It’s Called Toys’R’Us!
So it's about time
When stock prices fall
Share-holders and owners feel sad for
The stock is so poor
Plus increasing price-hikes
They took us for fools
So online was liked
‘Where's Millions?’, says bankers
"Please give us the proof"
We've all had enough,
Had enough, had enough!
TRU does fairly well in some other countries such as Asia / Japan.
The price of not downsizing is what we are seeing now.
See Instore Displays and scroll down for some TF pics
strip mall rent is 10-19X higher than a standalone plot in a shopping retail space rent wise.
Barnes and Noble were on the news here last month....they're starting to draw up a list of faltering stores to close...they lost their ass last year income and sales wise during the holiday season....
they are entering the sears/k-mart retail vortex of death....just higher on on the spin cycle than sears....I'd give them probably 2 or 3 years before they'll have to file for bankruptcy.
sears I've got no idea on...i thought they were dead man walking back when I got a job doing phone orders for their parts Dept in 2005....now they are a zombie status.
Brickset.com: Toys R Us UK goes into administration
Being privy to the prices Walmart actually pays for items (inside connection ftw), their toy department is not a loss leader. In fact, it is highly profitable. However, they do use *some* toys as loss leaders. The number of these is very small, and they are usually found in the Black Friday ad.
I find that impossible to be true (at least in the United States), otherwise there would be a lot more standalone businesses. Now if you compare a lease to just paying the taxes on a building already owned outright (i.e., no mortgage left), then sure.
If TRU goes, toy hunting will really become competitve. For people that don\'t/can\'t order online and do most of their hunting at stores, it might get ugly. Retailers like Walmart and Target have limited space for toys. Plus the fact that collectors will really have to compete with regular kids, this more so where there is a TRU.
If the problem of TRU in the west is the competition, they should at least evolve at the level of their competitors just to be in the race of competition. But will TRU US or UK allow themselves to transform into a Walmart or Target like stores?
Like a one-stop shop? But of course, it will no longer be called Toys R Us.
Unless they can offer something else that Walmarts, Wallgreens or Targets cannot or will not.
But have they done that?
toys r us was usually my go to for the leader class and things like that, hamleys is terrible asda was decent but like most places they are going rid and movie only sadly I think my purchase of optimus the other day will be the last time I go to toys r us. unless I decide to go get the 86 movie pack with magnus springer kup arcee and blurr
Man Tru in my Canadian city is always bumping. Hopefully it stays profitable enough to stay open. Although Walmart has been releasing waves before Tru lately sooooo.
There are reports that TRU is trying to sell off their stake in the Asia business.
Apparently TRU Canada is pretty healthy. Unfortunately they are linked to the US through some sort of profit sharing though.
Those little handheld scanners reveal a lot more information than you might think. You just have to know someone who works there and they can find out exactly how much Walmart pays for any item in the store.
Always cheaper at target or wally. I am a hardcore collector and I have kids so I go there more than anyone in my family but it\'s kind of a thing to avoid it if you want a good price. I definitely use the rewards program to balance that out but even my mom will tell other people for lego, figures, and almost anything, better off skipping Toys r us. With rewards you can absolutely make it worth your while. I will miss the exlusives, fun hunting for them. Babys r us on the other hand is good, if you find yourself with one of those mini class humans. So far my area is not on the close list, hopefully it makes it.
Haha, sorry that was meant to be a longer response that mostlyy agreed with you. I always forget that this board saves everything you type.
Customer FAQ From https://www.toysrusinc.com/uploads/tinymce/uploaded/ToysRUs UK Press Release_2.28.18.pdf
Just had a "closing down sale in all stores" email from TRU UK :-(
And, there’s one other example of “overpriced” toy store no one has mentioned yet: FAO Schwartz.
They were WAY worse than KB or TRU. I honestly don’t know how they stayed in business as long as they did, because their prices were awful. Like you said, TRU is just trying to make a profit while Walmart is taking a loss. FAO Schwartz blatantly gouged customers.
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