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Re: The Toys R Us Troubles Thread

PostPosted: Sun Mar 25, 2018 7:56 am
by Galactic Prime
Qwan wrote:Even so, it seems unlikely that taking Canada and Mexico into account could reduce the statistic from 5% down to less than 0.01%. That works out to one five hundredth of 5% - are the Canadian and Mexican markets really so large / their online sales so unfathomably miniscule that they bring the number down that much? Realism when estimating figures (or perhaps citing a source as Seibertron did?) is your friend.


I am quoting a source, ME. I work there. The USA has 517 Costco warehouses, Canada has 98, and Mexico has 38.

The Average Costco warehouse makes between 700k and 1 million each day. So let's use the low end of 700K as an average when you multiply that you get 456.4 million, let's round down to 450 million. Online sales in Canada and the USA from costco.com and costco.ca amount to 20-25 million each day combined. Is it higher than .01% yes, it is, I was exaggerating a bit, but the fact is, it's hardly a drop in the bucket, and that's without adding in the Costco stores from Taiwan, the UK, Japan, South Korea, Iceland, Spain, France, or Australia which is an additional 95 locations and the Japan, Taiwan, and South Korea Costco's all average over a 1 million per day.

And that is just the statistics for the 7th LARGEST retailer in the world. Think about that. Online sales are Minuscule compared to Brick and mortar sales.

Re: The Toys R Us Troubles Thread

PostPosted: Sun Mar 25, 2018 9:38 am
by Seibertron
Galactic Prime wrote:I never said the USA did I? I said North America, that includes The USA, Canada, and Mexico. Comprehension when reading is your friend.


I was trying to help you out by clarifying what you wrote.

I work at Costco, you know what our company wide daily sales in North America are compared to our North American online sales are? Not even .01%


That statement above states that store sales are not even .01% of online sales. My comprehension of what you wrote was that you meant to state that online sales were .01% of store sales. It appears that is not what you intended to write. Just trying to help!

Re: The Toys R Us Troubles Thread

PostPosted: Sun Mar 25, 2018 5:21 pm
by Galactic Prime
Seibertron wrote:
Galactic Prime wrote:I never said the USA did I? I said North America, that includes The USA, Canada, and Mexico. Comprehension when reading is your friend.


I was trying to help you out by clarifying what you wrote.

I work at Costco, you know what our company wide daily sales in North America are compared to our North American online sales are? Not even .01%


That statement above states that store sales are not even .01% of online sales. My comprehension of what you wrote was that you meant to state that online sales were .01% of store sales. It appears that is not what you intended to write. Just trying to help!



Ok, but I didn't need help clarifying it. The simple fact is that online sales for EVERY company (unless they are strictly an online business) are tiny compared to their brick and mortar sales.

It will be a VERY long time before online sales over take or even come close to over taking Brick and mortar

Re: The Toys R Us Troubles Thread

PostPosted: Sun Mar 25, 2018 7:10 pm
by lakebot
Rodimus Knight wrote:Be Aware that if you are buying a collectable item that you want to keep mint in package, they are running permanent marker over the barcode after you make your purchase.

I was pissed when they did that to me today.


You might be able to get them to just not give you a receipt so you can’t return it. No need for the marker at that point.

Re: The Toys R Us Troubles Thread

PostPosted: Sun Mar 25, 2018 9:10 pm
by william-james88
lakebot wrote:
Rodimus Knight wrote:Be Aware that if you are buying a collectable item that you want to keep mint in package, they are running permanent marker over the barcode after you make your purchase.

I was pissed when they did that to me today.


You might be able to get them to just not give you a receipt so you can’t return it. No need for the marker at that point.

Not gonna happen. They blacken it so that' you can't take this discounted item and bring it to Walmart or Target in exchange for store credit.

Re: The Toys R Us Troubles Thread

PostPosted: Mon Mar 26, 2018 8:29 am
by o.supreme
primalxconvoy wrote:
WreckerJack wrote:I always like to have a hard copy. Computer glitches suck when they eat all your songs and stuff.


That's what hard drives and cloud storage are for.


Except when iTunes, Amazon, etc... wont let you download anything to a cloud or your hard drive. You trust you've *bought* the thing you paid for, until it disappears for some reason, and its gone. Nope, I'm sticking with physical media for as long as I can. Sure I know DVD's can scratch and become damaged, but I'll take that chance over random things I pay for disappearing without reason.

Re: The Toys R Us Troubles Thread

PostPosted: Mon Mar 26, 2018 10:45 am
by ZeroWolf
Most of the time, the reason things dissappear online is licensing issues, or because it's due to appear on a rivaling service.

Re: The Toys R Us Troubles Thread

PostPosted: Mon Mar 26, 2018 8:08 pm
by lakebot
william-james88 wrote:
lakebot wrote:
Rodimus Knight wrote:Be Aware that if you are buying a collectable item that you want to keep mint in package, they are running permanent marker over the barcode after you make your purchase.

I was pissed when they did that to me today.


You might be able to get them to just not give you a receipt so you can’t return it. No need for the marker at that point.

Not gonna happen. They blacken it so that' you can't take this discounted item and bring it to Walmart or Target in exchange for store credit.



They didn’t do this to me when buying a RC car on Friday? I know it’s carried at Walmart for sure but I told them o didn’t need a receipt.

Toys R Us Canada to be Auctioned Off April 18th, 2018

PostPosted: Wed Mar 28, 2018 11:05 am
by william-james88
Toys R Us has now submitted a document stipulating the details for the purchase of the Canadian equity sale.

What is interesting here is that only the Canadian equity is specified, meaning that there is interest for Toysrus Canada, enough to have an auction, but no indication of the 200 US stores Toys that were part of previously discussed deals. The auction itself will take place on the 18th of April at the offices of Kirkland & Ellis LLP, located at: 601 Lexington Avenue, New York, NY 10022. And the 23rd, just a few days after, is when the successful bidder will be revealed.

There are a few more dates and conditions involved so if you want to own this lucrative toy store in a country with minimal competition for that sector, here are the dates you need to be aware of:


Bid Deadline: April 13, 2018, at 5:00 p.m., prevailing Eastern Time, is the deadline by which all bids must be actually received pursuant to the Bidding Procedures.

Notice of Qualified Bid Deadline: April 16, 2018, at 5:00 p.m., prevailing Eastern Time, is the date and time by which the Debtors shall notify the Bidders whether their Bids are Qualified Bids.

Auction: April 18, 2018, at 10:00 a.m., prevailing Eastern Time, is the date and time by which the Auction, if needed, will be held at the offices of Kirkland & Ellis LLP, located at: 601 Lexington Avenue, New York, NY 10022. The Debtors shall send written notice of the date, time, and place of the Auction to the Qualified Bidders no later than two business days before such Auction, and file a notice of the date, time, and place of the Auction with the Court no later than two business days before such Auction and post such notice on the Debtors’ Case Website: http://www.cases.primeclerk.com/toysrus. The Debtors may modify, in consultation with the Consultation Parties, the date, time, and place of the Auction by providing written notice to Qualified Bidders and filing a notice with the Court so long as such notice is no later than two days before the Auction.

Sale Objection Deadline: if applicable, April 16, 2018,3 at 5:00 p.m., prevailing Eastern Time, is the deadline to object to the Canadian Equity Sale.

Hearing to Designate Successful Bidder: if applicable, April 23, 2018, as the date by which the Debtors shall seek approval from this Court to designate the Successful Bidders in connection with the Canadian Equity Sale.


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Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 11:31 am
by Fires_Of_Inferno
I, for one, am excited for the day when I can call Toys r' Us a quality Canada-only store, and can convince younger generations that it was always this way. :D :CON:

Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 12:24 pm
by Giant Purple Griffin
Can I use a 20% off eBay coupon if I win this auction?

Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 1:28 pm
by Galactic Prime
Whoever buys the Canadian chain needs to seriously upgrade the Saint John, NB store

Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 5:14 pm
by dragons
That’s post this auction like any of us can afford to buy stores if we didn’t buy toys our whole life we still couldn’t afford it it’s good it’s be auction off good news to read about none of us is that rich

Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 8:50 pm
by Editor
I for one look forward to seeing who the new corporate overlords will be.

Re: The Toys R Us Troubles Thread

PostPosted: Wed Mar 28, 2018 9:03 pm
by BombshellDaBug
I look forward to the day where someone buys Toys R Us Canada for the low price of $10 and a used napkin.

Re: The Toys R Us Troubles Thread

PostPosted: Thu Mar 29, 2018 7:14 am
by Rated X
BombshellDaBug wrote:I look forward to the day where someone buys Toys R Us Canada for the low price of $10 and a used napkin.

I bid $11 and a used toilet paper. Any counter offers?

Re: The Toys R Us Troubles Thread

PostPosted: Thu Mar 29, 2018 7:22 am
by Octobotimus
if only the #savetoysrus thing actually worked. allwell, goodbye toysRus.

Toys R Us No Longer Accepting Online Orders, Linking to goodbuytoysrus.com

PostPosted: Fri Mar 30, 2018 2:37 am
by Qwan
After a long, upsetting demise over the last few months, the next sad chapter in Toys R Us' decline has come to pass. Visitors attending Toys R Us' website will now notice a pop-up window upon loading the site, noting that the website has been "shut down for any further purchases" - essentially, the company is no longer accepting online orders via their website. Following that is a link to a sparse new website, goodbuytoysrus.com, through which users can simply track the liquidation sales at all brick-and-mortar locations around the US with a store locator.

The wording of their message does seem to imply that Toys R Us will still honor any unfulfilled online orders placed before this occurred, but there's been no official word one way or the other on that front, so further confirmation is awaited there.

Check below for the full message, and let us know if this will affect your plans at all by posting in the Energon Pub. As always, stay tuned for more Transformers news, however disappointing it may be.

Thanks for visiting. We have shut down the website for any purchases but our brick and mortar stores are open and holding going out of business sales. You can keep up-to-date with this historic sale at http://goodbuytoysrus.com. We encourage you to stop by your local store and take full advantage of the deep discounts and deals available. Thank you for your business and support over the years.

Sincerely, Toys"R"Us and Babies"R"Us teams.

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Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 3:40 am
by Emerje
So I wonder where all of the online and warehouse stock is going to end up? :-? Probably wont be going into the closing stores. I feel like liquidation stores big and small are going to be amazing come the holiday season. I'm really looking forward to seeing what shows up at the local salvage stores come October or so.

Emerje

Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 7:52 am
by Kyleor
Rated X wrote:
BombshellDaBug wrote:I look forward to the day where someone buys Toys R Us Canada for the low price of $10 and a used napkin.

I bid $11 and a used toilet paper. Any counter offers?


$11.25, USD, and unused toilet paper, triple ply ;)^

Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 8:02 am
by Immortal Starscream
i had never picked up grotusque, and the website had him in stock. so when i got paid and had the money to buy him, i went online and found this. bad things come to those who wait lol

Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 3:17 pm
by Megatron Wolf
Kyleor wrote:
Rated X wrote:
BombshellDaBug wrote:I look forward to the day where someone buys Toys R Us Canada for the low price of $10 and a used napkin.

I bid $11 and a used toilet paper. Any counter offers?


$11.25, USD, and unused toilet paper, triple ply ;)^


$12.01 in cash a half empty box of tissues and 1 sheet of bounty paper towel, try and beat that offer

Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 4:07 pm
by Galactic Prime
I'll bid a Box of Costco sized tissues for all you Americans to wipe your tears away because Canada is going to keep having TRU.

Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 4:30 pm
by -Kanrabat-
Galactic Prime wrote:I'll bid a Box of Costco sized tissues for all you Americans to wipe your tears away because Canada is going to keep having TRU.


I'll add this.


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Re: The Toys R Us Troubles Thread

PostPosted: Fri Mar 30, 2018 8:21 pm
by Ultra Markus
the last thing online i got was TR arcee and the last thing i got at the store was the Chaos on Velocitron set that was toward the holidays but since then every time i go in there they are either always out of POTP and masterpiece stuff or only have the shelf warmers i already have but always too much of the last night and robots in disguise merchandise