The Toys R Us Troubles Thread

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Re: The ToysRUs Troubles Thread

Postby Megatron Wolf » Fri Mar 16, 2018 12:21 pm

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So if a US based company buys TRU canada does that mean theres a chance of them bringing it to the US and other places or would it remain canada only? Would be a good idea since theres going to be a void now for toy sales, especially big ticket items and collectibles.
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Re: The ToysRUs Troubles Thread

Postby ZeroWolf » Fri Mar 16, 2018 12:40 pm

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My toys r us have always been the same since I remember (my earliest memory of the place is about '89 which is about a year or two since it opened) it's range was unparalleled when I was young till I found the Internet of course. That was of course toy's r us start of decline. There wasn't much they could do to compete against the net other than price match. They could of tried to make an experience out of it but that wouldnt have made a difference in the long run, I don't think.
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Re: The ToysRUs Troubles Thread

Postby RK_Striker_JK_5 » Fri Mar 16, 2018 3:32 pm

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The closest TRU for me is in Newington, about a half-hour's drive. I got a lot of good memories of that place. It was the first place I had gotten a Transformer toy, and my first Beast Wars toy. this is gonna hurt. :(
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Re: The ToysRUs Troubles Thread

Postby Ultra Markus » Fri Mar 16, 2018 4:16 pm

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i remember the glory days of G1 transformers toys completely stocked shelves of the entire first season and for the next few years too and it seemed they never was an empty peg or shelf
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Re: The ToysRUs Troubles Thread

Postby Emerje » Fri Mar 16, 2018 5:55 pm

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The only toy I know I got from TRU for sure as a kid was G1 Brawl (my brother got Blast Off). That's it. Outside of commercials the place just wasn't part of my childhood. My parents would rather buy toys locally at Kmart or Zayer/Ames than go 70+ miles to TRU. Even if we went to one of the two in the state that are both next to major malls, they weren't going to take me to a store they weren't interested in going to, not when there was a KB right inside the mall. As you can imagine I spent significantly more time at KB than TRU, I even had one locally for a short time, it closed not long after Machine Wars came out so those were the last figures I bought from that store in 1997.

KB closing in general was much more devastating to me, I bought a ton of stuff from them and their 3/$10 bins. Since my only real experience with TRU was after I was 16 and working (and could convince my brother to drive me) and most of this experience was nothing but disappointment, I really can't say I'm going to miss them.

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Re: The ToysRUs Troubles Thread

Postby chuckdawg1999 » Fri Mar 16, 2018 6:07 pm

Motto: "The man, the myth, the legend... yeah right."
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I don't know if this will happen but I've heard that with the liquidation TRUs might close without notice and without going out of business sales.
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Re: The ToysRUs Troubles Thread

Postby tmthor » Fri Mar 16, 2018 6:37 pm

chuckdawg1999 wrote:I don't know if this will happen but I've heard that with the liquidation TRUs might close without notice and without going out of business sales.



I have heard some may just close but the logistics of shipping product around is expensive so I doubt that it will happen that way
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Re: The ToysRUs Troubles Thread

Postby tmthor » Fri Mar 16, 2018 6:53 pm

I take that back friends of mine have just told me alot of the shelves are empty in the tf area all that was there was the exclusives and movie lines ....and the neca/McFarlane area was devoid of anything other than old stuff that they have had for years...and the dolls and wrestling areas were pretty much empty too. But look on the bright side they told me they had TONs of that interactive star wars stuff still at full price...and a whole shelf mabey 6ft and 5 shelves high completely filled with at-act still at 149.99 lol

Basically seems like if it was old they still have it but the new stuff is going fast people are not waiting for clearance so if you want something better hurry and not wait
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Re: The ToysRUs Troubles Thread

Postby william-james88 » Fri Mar 16, 2018 7:19 pm

chuckdawg1999 wrote:I don't know if this will happen but I've heard that with the liquidation TRUs might close without notice and without going out of business sales.

Yes, they are burning through millions every month to keep stores open, some might just close to stop losing money. They could just mass sell their toys to a discount outlet.
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Re: The ToysRUs Troubles Thread

Postby WreckerJack » Sat Mar 17, 2018 3:05 am

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william-james88 wrote:
chuckdawg1999 wrote:I don't know if this will happen but I've heard that with the liquidation TRUs might close without notice and without going out of business sales.

Yes, they are burning through millions every month to keep stores open, some might just close to stop losing money. They could just mass sell their toys to a discount outlet.

Like I said a few days ago - keep your eyes peeled at Ross and TJmaxx.
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Re: The ToysRUs Troubles Thread

Postby Chibi Starscream » Sat Mar 17, 2018 4:44 pm

Motto: ""You and what army, you maxi turkey?!""
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I went to my local TRU yesterday....prolly for the last time, but I'll try to go again if I can within the next two weeks. There was no Closing sign or special sales. The store was almost devoid of staff except for 4 cashiers, a lady stocking the Beanie Boos section, and the announcer lady. The electronics section had huge gaps in their game inventory, and their TF section was lacking. However, I picked up the last Skullitron they had (a TRU exclusive TLK fig with a dragon alt mode), as well as some Sonic the Hedgehog plush dolls (Sonic Boom "emoji" Sonic, Tails, and Knuckles), and 2 amiibos (Pit and Kirby). I had also picked up a pink and a blue Yarn Yoshi and a Sailor Moon transformation rod (Sailor Moon's) but I had to put them back. If I can get there again before they close and they have those, I'll get them next time and maybe another TF or 2. Will see. It'ssad TRU is closing....."I don't wanna grow up. I'm a Toys R Us kid!" *dies a little inside*
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Re: The ToysRUs Troubles Thread

Postby JelZe GoldRabbit » Sat Mar 17, 2018 4:49 pm

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My wife went to our local TRU today and the employees there are well caught up with the current news upon being asked. Furthermore, they're expressing hope that the Canadian buyout will translate into at least US stores staying open, but if the worst comes, they'll be closing by May 14th.
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Re: The ToysRUs Troubles Thread

Postby chuckdawg1999 » Sat Mar 17, 2018 7:05 pm

Motto: "The man, the myth, the legend... yeah right."
Weapon: Saber Blade
I do a lot of surveys online for points that can be redeemed for various gift cards like TRU. Today I got a notice from one of my sites that TRU will stop accepting gift cards on April 15th. I'm not sure if this is 100% accurate and I don't know if that includes reward coupons like the $5 one I have.
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Re: The ToysRUs Troubles Thread

Postby tmthor » Sat Mar 17, 2018 8:05 pm

Some sites are saying the Canada sale will probably not happen or at least the 200 American stores part won't....not sure if vendors would sell merch to them if they did get saved and if they do it could be at a higher price/cod payment terms to get some of their losses back. One issue I forsee with the MGA purchase is they cold give their products more space in stores or even take revenge on Mattel for the Bratz lawsuit and just shut them out completely. Also some vendors might not want a competitor to have sales knowledge of their product think of it as company secrets...MGA could use the info gained from it to boost sales accross the board

Just read on another site the legally the sale would also hinge on the creditors ie Mattel being owed the most and with the Bab blood between MGA and Mattel they might say "blank" you liquidate and give us as much as you can
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Re: The ToysRUs Troubles Thread

Postby william-james88 » Sat Mar 17, 2018 8:37 pm

tmthor wrote:Some sites are saying the Canada sale will probably not happen or at least the 200 American stores part won't


Yeah, the 200 stores part opens so many issues, its not longer clean. With just selling the canadian part, its a whole company run on its own. Like Proctor and Gamble selling a product/subsidiary. Its just equity.

But with the 200 US stores, then you open yourself up to the same trouble you already have, plus the debt. With TRU Canada, you would just sell the business and use the money you got from the sale to pay what is owed.

I know the MGA offer did not have the 200 stores as part of it and many other investors are interested in the Canadian subsidiary (as far as the financial times say) just not the US portion.

And anyways, the 200 store number is pretty arbitrary, the document says any additional store aside from the canadian equity is up to the bidder:

Bids for Canadian Equity: A Qualified Bid must offer to purchase at least the Canadian Equity, and may also identify which, if any, subset of the Debtors’ U.S. stores it proposes to purchase. A single bidder or group of bidders may submit a Bid.
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Re: The ToysRUs Troubles Thread

Postby WreckerJack » Sat Mar 17, 2018 8:59 pm

Motto: "The complain train is leaving the station."
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chuckdawg1999 wrote:I do a lot of surveys online for points that can be redeemed for various gift cards like TRU. Today I got a notice from one of my sites that TRU will stop accepting gift cards on April 15th. I'm not sure if this is 100% accurate and I don't know if that includes reward coupons like the $5 one I have.


I'd spend any TRU giftcards or store credit as soon as you can rather than it go to waste.
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Re: The ToysRUs Troubles Thread

Postby Simplify » Sun Mar 18, 2018 2:30 am

The Cause and Consequences of the Retail Apocalypse"
Private equity firms overburdened businesses with debt, and now workers are paying the price. Will policymakers do anything about it?
By DAVID DAYEN, The New Republic, Nov. 14, 2018

[...] RadioShack, The Limited, Payless, and Toys 'R' Us are among 19 retail bankruptcies this year. Some point to Amazon and other online retailers for wrestling away market share, but e-commerce sales in the second quarter of 2017 only hit 8.9 percent of total sales. There’s still plenty of opportunity for retail outlets with physical space.

The real reason so many companies are sick, as Bloomberg explained in a recent feature, has to do with debt. Private equity firms purchased numerous chain retailers over the past decade, loading them up with unsustainable debt payments as part of a disastrous business strategy.


Damn you, Cyclomney.

Buyout managers, including Bain Capital and longtime firm Kohlberg Kravis Roberts, stripped out nearly $2 billion in cash while debt levels rose.


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Re: The ToysRUs Troubles Thread

Postby Chibi Starscream » Sun Mar 18, 2018 4:20 am

Motto: ""You and what army, you maxi turkey?!""
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JelZe GoldRabbit wrote:My wife went to our local TRU today and the employees there are well caught up with the current news upon being asked. Furthermore, they're expressing hope that the Canadian buyout will translate into at least US stores staying open, but if the worst comes, they'll be closing by May 14th.


That's good to know. I just dumped a bit over $100 into them...not that that eill cure any debt....but here's to that small shred of hope! Now if we can get more kids unstuck from tablets and put Optimus Primes in their hands instead....but we're asking for a miracle. Note....if I ever have a kid, I will buy them toys. When they're 14 they can have a phone...maybe....
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Re: The ToysRUs Troubles Thread

Postby WreckerJack » Sun Mar 18, 2018 12:47 pm

Motto: "The complain train is leaving the station."
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I won't be having any kids. My toys are for ME! :-D
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Re: The ToysRUs Troubles Thread

Postby -Kanrabat- » Sun Mar 18, 2018 12:51 pm

Motto: "Love it? GET IT!
It's that simple."
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WreckerJack wrote:I won't be having any kids. My toys are for ME! :-D


YOU MONSTER!

Me too by the way.
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Re: The ToysRUs Troubles Thread

Postby william-james88 » Sun Mar 18, 2018 4:12 pm

Having kids is awesome, you can go to the store and pretend the toys you're buying are for them instead and nobody gives you weird looks.
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Re: The ToysRUs Troubles Thread

Postby Va'al » Sun Mar 18, 2018 4:23 pm

Motto: "Till All Are Pun!"
The staff did a thing, and we'd like others to join us too: share your memories of Toys R Us!

https://www.seibertron.com/transformers ... -us/40914/
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Re: The ToysRUs Troubles Thread

Postby -Kanrabat- » Sun Mar 18, 2018 4:35 pm

Motto: "Love it? GET IT!
It's that simple."
Weapon: Mace
william-james88 wrote:Having kids is awesome, you can go to the store and pretend the toys you're buying are for them instead and nobody gives you weird looks.


I have to admit that in the first two years of toy collecting, I was genuinely embarassed and even ashamed when I shopped for toys.

Then I "grew up" and I no longer give a phoque.

Your turn, CS Lewis:

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Re: The ToysRUs Troubles Thread

Postby ZeroWolf » Sun Mar 18, 2018 4:42 pm

Motto: "My past no longer binds my future..."
Weapon: Battle Blades
I love that quote of his, and oddly enough I never had much of a problem buying them, there was no odd stares or questions, just the look of someone who would rather be elsewhere then serving customers.
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Re: The ToysRUs Troubles Thread

Postby chuckdawg1999 » Sun Mar 18, 2018 5:08 pm

Motto: "The man, the myth, the legend... yeah right."
Weapon: Saber Blade
CNN Money had an article up. Long story short they don't know when exactly stores are closing but apparently there will be sales. Also Tuesday they have to go back to court to get permission to put up store closing signs.
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