A Message from Dave Brandon, Chairman & CEO, Toys'R'Us
Sunday, October 29th, 2017 3:33AM CDT
Categories: Press Releases, Company NewsPosted by: Va'al Views: 29,440
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Dear Valued Customer,
As you may know, in September we announced that we were beginning a formal process – known as Chapter 11 – designed to strengthen our financial position and allow us to reinvest in our business. This was a proactive and voluntary move that gives us the opportunity to reset and do the things necessary to continue to earn your business now and well into the future.
I’m writing today because I want to assure you that you can continue to shop with us with confidence, in store or online. Your local Toys"R"Us and Babies"R"Us stores are open and our team members are standing by ready to help. You should also know that we are continuing to honor our various customer programs including Registry, Endless Earnings, Geoffrey's Birthday Club, gift cards and warranties.
With the holidays just around the corner, we have a number of exciting things in store for you:
Price Match Promise¹ – If you find a toy or baby product at a lower price at one of our competitors, Toys"R"Us will match the price. Not only will we match competitor’s prices in store, we’ll donate an additional $1 to Toys for Tots every time you price match now thru 12/24, up to $1 million.
Parents Night Out² – As a parent, I found it was always tough to find time to shop when the kids weren’t looking, so this year Toys"R"Us is hosting special events on Sunday, November 12 and Thursday, November 30 from 8-10pm local time. During these very special events, customers will have access to a shopping expert, hot toy demonstrations, games and treats (think hot chocolate bar, raffles and more) plus a sweepstakes where Rewards"R"Us members have a chance to win a trip for 4 to New York City.
Layaway and Then Some³ – We will once again offer free layaway services this holiday season, waiving the usual fee. Plus, every single day from Sunday, November 5, through Saturday, December 9, Toys"R"Us will select one layaway customer who will receive a $200 TRU gift card to put towards their layaway.
Play Lab – I have seven grandkids who would love nothing more than to visit one of our stores to test drive the newest toys. On Sunday, November 1, forty-two Toys"R"Us locations across the country will open designated play spaces in their stores. Shopping list meets play time.
Play Chaser™ – Our new augmented reality gaming app is turning our toy stores into an interactive playground. It’s also connected to our much-awaited holiday catalog, The Ultimate Guide to Play. Kids can now build their favorites list using the app.
These are just a few of the exciting changes I’m most excited for this holiday. No matter how you choose to shop with us, know that you can continue to count on us for an outstanding experience. We have been in the business of bringing joy to kids for nearly seven decades, and we welcome the opportunity to serve you this holiday season and long into the future.
Sincerely,
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Posted by Stuartmaximus on October 29th, 2017 @ 6:57am CDT
Posted by hurricane567 on October 29th, 2017 @ 12:06pm CDT
Posted by cloudballoon on October 29th, 2017 @ 2:38pm CDT
But TRU runs far more sales on TF toys than Walmart & price-match. I'd say 75% of my TFs were purchased at sale prices (through sales of the week or rain checks from previous sales) at TRU.
TRU exchange policy is also better. I can exchange any figure from the same line to a different one with minimum hassle. This is not possible at Walmart.
Only thing I can complain are the shelf-warmers, but that's not *my problem* per se, as I can get TF figures I want 90% of the time at TRU... eventually. I'm just concern the losses incurred on TRU's finances about those shelf-warmers.
If we all want TRU to get through this tough time, we should find out how TRU can help themselves by improving their purchasing analysis. We (collectors & parents) can only buy so much BBB, OP & repaints before we collectively say "enough, don't need another similar BBB/OP"? Hasbro can also help out too.
Posted by dragons on October 29th, 2017 @ 4:42pm CDT
Stuartmaximus wrote:apart from their bloody prices!
That is no different then buying toy from bigbadtoystore tfsource, robot kingdom , amazon and eBay ToysRus prices are cheap compare to online stores online store you pay for shipping and handling and tax and if you want free shipping at certain online stores you need spend certain amount plus Walmart is cheaper but there selection sucks take your pick.,
Pay double for deluxe figure at online store with shipping and handling plus tax, or go to Walmart with cheaper prices and toy your theme your looking for only takes two shelf space racks on one big aisle I look at walmart transformers section and others Toysrus selection for those have bigger selection same with target compared to walmart
Posted by shajaki on October 29th, 2017 @ 7:24pm CDT
Posted by D-Maximal_Primal on October 30th, 2017 @ 12:53pm CDT
cloudballoon wrote:Here in Canada, I don't get how we can complain much about TRU's TF toy prices. Their main line TF prices are only a few cents higher than Walmart's. Like $19.99 vs. $19.97 for a TR DLX. They have similar prices for Legend, Deluxe and Voyager except Leader - TRU is $5 more expensive than WM.
But TRU runs far more sales on TF toys than Walmart & price-match. I'd say 75% of my TFs were purchased at sale prices (through sales of the week or rain checks from previous sales) at TRU.
TRU exchange policy is also better. I can exchange any figure from the same line to a different one with minimum hassle. This is not possible at Walmart.
Only thing I can complain are the shelf-warmers, but that's not *my problem* per se, as I can get TF figures I want 90% of the time at TRU... eventually. I'm just concern the losses incurred on TRU's finances about those shelf-warmers.
If we all want TRU to get through this tough time, we should find out how TRU can help themselves by improving their purchasing analysis. We (collectors & parents) can only buy so much BBB, OP & repaints before we collectively say "enough, don't need another similar BBB/OP"? Hasbro can also help out too.
One thing I've really noticed just with talking to Will is the difference between TRU USA and TRU Canada. To your points here, the price differences are huge in some cases. back in combiner wars, they were selling deluxes for $24.99 while every other store (Walmart, Target) were selling them for $14.99. and even now, their deluxes range from $16.99 to $21.99, while Target and Walmart are the same. TLK is a bit more at Target and Walmart, but they're only a buck or 2 higher per size class. So the TRU USA Price difference is fairly significant.
Our TRU's do not do many sales either. If a figure goes on sale, it is almost always a simplified figure, not part of the main line. And if it is part of the main line, it's very expensive and not selling (Cybertron).
Exchange and price matching at TRU USA are BS too. You must have proof of the exact same figure, not size class, same figure to the name and packaging, to price match, and if you have to do that, why even both buying it there when you can buy it where you saw it? (I learned that with the combaticons, they would not price match them).
Honestly, TRU USA is only good for exclusives, that's about it. Prices are much higher, they are usually behind the other stores with stocking (RiD Bisk and Paralon are very popular sights around here still while Walmarts and Targets have Soundwave and Blurr), and their policies are not good either. They need to make some changes if they don't want to go bankrupt. Their USA stores and policies are flawed.
Also, Dragons: TRU USA has prices on par or worse than online, and often times here their selection is not that good, even online. How many times have I seen a figure I want on TRU.com and it says "store only" and can't be bought online. Too many. So shopping at TRU is a lot like BBTS and the such pricewise, but there are better options and more updated product-wise options, so I would rather buy from BBTS than TRU since they are more reliable
Posted by Va'al on December 2nd, 2017 @ 5:03am CST
It appears that, according to the BBC, out of the 106 stores currently open in the UK, at least 25 of them will be closed in the coming months due to issues of rental costs and the model of the stores themselves. You can read more about the issue here, but it seems as though holiday retail at least will not be affected, though several thousand jobs will be cut if no solution is found on time.
Worth noting: this is an entirely different issue than the Chapter 11 filing, and is limited to the UK locations of the retailer.
The closures would form part of a deal to renegotiate debts owed by the company to its landlords - which must be agreed by 75% of its creditors.
The toy giant, which has around 3,000 workers, is looking to move away from its "big-box" out-of-town store model.
Christmas trading and gift cards are not expected to be affected.
The company is seeking approval from its board and US parent company to enter talks with the landlords.
Posted by Carnivius_Prime on December 2nd, 2017 @ 6:36am CST
Posted by Evil Eye on December 2nd, 2017 @ 7:00am CST
Posted by frogbat on December 2nd, 2017 @ 7:09am CST
Posted by Aimless Misfire on December 2nd, 2017 @ 7:13am CST
hurricane567 wrote:My local US TRU has a 4 foot wide Transformers section. [orders Misfire from Timmy's Toy Box/Amazon.com]
lol Same here! I got 2 Misfires & 1 Windblade from Timmy's.
Misfire is one of my favorites but I'll probably never see him in a store.
Posted by Cybertronius Primus on December 2nd, 2017 @ 7:32am CST
Posted by nemesisorion on December 2nd, 2017 @ 12:22pm CST
Posted by Prime Nova on December 2nd, 2017 @ 2:27pm CST
Posted by nemesisorion on December 2nd, 2017 @ 3:02pm CST
Posted by Prime Nova on December 2nd, 2017 @ 3:27pm CST
Posted by Carnivius_Prime on December 3rd, 2017 @ 1:17am CST
Prime Nova wrote:Don't worry we have Smyths Toy Superstore & The Entertainer that do stock toys & aren't empty like tru stores.
The Entertainer charges £23 for £18 Titans Return figures...And they have done since way before TLK Deluxes were £23 so doesn't seem like an error and I've pointed it out to them but they're like... "huh". Also their stock (at least going by the Cambridge store) of Transformers is far worse than the same town's Toys R Us.
Also unrelated to TFs but still bugs me is that Toys R Us is the retailer even remotely near me that stocks Mega Construx which I love to (and often pose with Transformers) so I really don't want to see them go.
Posted by Stuartmaximus on December 7th, 2017 @ 7:08pm CST
http://money.cnn.com/2017/12/06/news/co ... index.html
Posted by Va'al on December 19th, 2017 @ 9:32am CST
As you might remember, the UK branch of the retail chain has been facing some rough times entirely independently of the US branch's bankruptcy filing, and around a quarter of their stores in the country could be facing closure. The latest addition to that story, as reported by major UK national media, informs us that pension funds may also be in trouble. Apparently, whatever the outcome stores will not be closing until the spring, meaning that holiday shopping (and jobs) will be unaffected, but you can read more on this below.
Toys R Us UK is facing potential collapse this week with the loss of 3,200 jobs as it struggles to win the support of the state-backed Pension Protection Fund (PPF) for a planned restructure.
The PPF, the industry-funded, state-backed safety net, demanded that the troubled retailer pump about £9m into the ailing Toys R Us UK pension fund.
This is in order to gain the PPF’s support for the retailer’s planned company voluntary arrangement (CVA) procedure, which involves the closure of at least 26 loss-making stores. That deal would lead to the loss of up to 800 jobs.
[...]
Malcolm Weir, director of restructuring and insolvency at the PPF, said the body had yet to decide how to vote: ‘‘We are seeking to fully understand the current position of the company, including its future potential, position of the US parent and the reported historic financial transactions.
“The pension scheme is already underfunded and, if we were to vote in favour of the CVA, we would need actions taken that ensure the position of the pension scheme was not going to further weaken.
“Whatever the outcome of the CVA, the pension scheme members can be reassured that they remain protected.”
Posted by Rodimus Knight on December 19th, 2017 @ 9:47am CST
I wouldn't be surprised if Toys R Us wasn't around next holiday season.
Posted by Carnivius_Prime on December 19th, 2017 @ 11:20am CST
Posted by nemesisorion on December 19th, 2017 @ 1:27pm CST
Posted by Deathsaurus1 on December 19th, 2017 @ 1:57pm CST
So really why would i go there when i know walmart and target usually get in the newer waves about 2 weeks later at a cheaper price? And those two stores are alot closer.
Nothing about toysrus is great or gives much incentive to go there.
Even there masterpiece prices are insane.
Mpm-3 bumblebee is $90 at toysrus vs bbts $79.
Posted by Carnivius_Prime on December 19th, 2017 @ 4:29pm CST
Posted by Asepticon on December 19th, 2017 @ 7:01pm CST
Posted by william-james88 on December 21st, 2017 @ 11:31am CST
Bloomberg states that the holiday shopping season has not yielded the numbers Toysrus was hoping for, though with the season not being over and the numbers for this quarter not released yet, we do not have a clear view at what numbers they are actually referring to.
Toys “R” Us Inc., which filed for bankruptcy in September, is considering closing at least 100 U.S. stores in the face of weak holiday sales, according to people with knowledge of the situation.
U.S. sales have declined about 15 percent this Christmas-shopping season from a year earlier, according to people recently briefed on the matter, who asked not to be identified because the information isn’t public. The number of closed stores could reach approximately 200, one of the people said, but no decision has been made.
Toysrus themselves have commented by simply stating that any real number for stores closing is pure speculation at the moment and probably inaccurate:
“Final decisions about our real estate portfolio will be done only after careful consideration about the best interests of our business,” said spokeswoman Amy von Walter. “Any speculation on that figure is premature and likely to be inaccurate.”
Posted by nemesisorion on December 21st, 2017 @ 11:47am CST
Posted by That_Guy on December 21st, 2017 @ 11:58am CST
Posted by o.supreme on December 21st, 2017 @ 12:04pm CST
I just hope the couple stores I have a lot of sentimental attachment to stay open. They are in the heart of densely populated areas. especially THIS ONE, though it is over 120 miles from where I am currently, I have some history with it...
https://backpackerverse.com/haunted-toysrus/
Posted by dragons on December 21st, 2017 @ 1:02pm CST
nemesisorion wrote:Bye bye shits r us
Would you prefer shopping at walmart they don't sell master piece figures and there selection sucks no matter what prices are on all figures
Posted by dragons on December 21st, 2017 @ 1:03pm CST
nemesisorion wrote:Bye bye shits r us
Would you prefer shopping at walmart they don't sell master piece figures and there selection sucks no matter what prices are on all figures
Posted by gothsaurus on December 21st, 2017 @ 1:51pm CST
Posted by Kyleor on December 21st, 2017 @ 4:17pm CST
But this is also the same company who thinks it's OK to regularly not have anyone at any register or anywhere else in the front of the store.
Fingers crossed the restructuring includes replacing upper management with better decision makers.
Posted by fenrir72 on December 21st, 2017 @ 6:37pm CST
Also, major bummer for the TRU employees.......
Posted by fenrir72 on December 21st, 2017 @ 6:38pm CST
Kyleor wrote:I'm always amazed when companies work their way to be a big/major name in their category/field, then somehow manage to self destruct, usually with a 'we're too big to fail' type attitude from the upper management.
But this is also the same company who thinks it's OK to regularly not have anyone at any register or anywhere else in the front of the store.
Fingers crossed the restructuring includes replacing upper management with better decision makers.
It's called cost cutting.
Posted by Editor on December 22nd, 2017 @ 1:22am CST
Posted by Ultra Markus on December 22nd, 2017 @ 9:17pm CST
Editor wrote:It's going to end up being closing a bunch of locations in areas where a few stores are too close to each other, and stand alone babiesRus shops that will get merged into the TRU locations. It's crap for the employees, and for some communities that could lose their stores but honestly what did we expect when they filed for bankruptcy protection.
lets just hope that we dont see them go down like KB toys
Posted by Jelze Bunnycat on January 24th, 2018 @ 8:57am CST
Full list of stores to close, sorted by state
And man! My local one is targeted! That means I'll have to go another town over for any TRU exclusives!
Posted by D-Maximal_Primal on January 24th, 2018 @ 10:18am CST
JelZe GoldRabbit wrote:It's official guys: Toys 'R Us has opted to close up to 182 locations across the US. Here's a quick link:
Full list of stores to close, sorted by state
And man! My local one is targeted! That means I'll have to go another town over for any TRU exclusives!
We are working on newsing this now.
But as I speak, I'm actually very surprised to see my local TRU is not on the list... interesting considering the size
Posted by william-james88 on January 24th, 2018 @ 10:41am CST
"The reinvention of our brands requires that we make tough decisions about our priorities and focus. The actions we are taking are necessary to give us the best chance to emerge from our bankruptcy proceedings as a more viable and competitive company."
As you may recall, Toysrus Canada had also filed for bankruptcy protection independently from its American parent. Those stores, which were later revealed to be very profitable and a crucial asset to Toysrus, will remain open. The president of Toysrus Canada, Melanie Teed-Murch, said that their Canadian operations "will be taking additional steps to improve the overall customer omnichannel experience with compelling promotions, continued improvements to mobile and digital marketing and enhancements to our baby registry and loyalty programs."
Now here is a list of all stores closing in the US. Please note that several of these are solely Babiesrus stores:
Alabama
2600 McFarland Blvd. East, Tuscaloosa AL
335 Summit Blvd., Birmingham AL
Arizona
801 W. 32nd Street, Yuma AZ
12801 North Tatum Blvd., Paradise Valley AZ
9139 Indian Bend Rd., Scottsdale AZ
4619 N. Oracle Rd., Tucson AZ
7000 E. Mayo Blvd., Scottsdale AZ
US 60 and Signal Butte Rd., Mesa AZ
Arkansas
2616 S. Shackleford Rd., Little Rock AR
California
42500 Jackson St., Indio CA
1189 Simi Town Ctr. Way, Simi Valley CA
26573 Carl Boyer Dr., Santa Clarita CA
960 Lakes Dr., Covina CA
1600 S. Azusa Ave., Puente Hills CA
2575 E. Imperial Highway, Brea CA
530 Westminster Mall, Westminster CA
20120 Hawthorne Blvd., Torrance CA
2550 Canyon Springs Pkwy S., Riverside CA
700 "A" Onstott Rd., Yuba City CA
2785 E. Bidwell St., Folsom CA
1330 Fitzgerald, Pinole CA
4505 Century Blvd., Pittsburg CA
600 Francisco Blvd., San Rafael CA
5461 Lone Tree Way, Brentwood CA
1400 Gateway Blvd., Fairfield CA
3938 Horton, Emeryville CA
2179 Monterey Hwy., E. San Jose CA
865 Blossom Hill Rd., San Jose / Almade CA
3520 W. Shaw Ave., Fresno CA
31250 Court House Dr., Union City CA
10640 Trinity Pkwy., Stockton CA
3900 Bristol Street, Santa Ana CA
3665 Grand Oaks, Corona CA
1240 W. Morena Blvd., Mission Bay CA
8181 Mira Mesa Blvd., Mira Mesa CA
1990 University Drive, Vista CA
Colorado
1150 S. Ironton, Aurora CO
Connecticut
376 North Universal Drive, North Haven CT
275 Union St., Waterbury CT
3491 Berlin Turnpike, Newington CT
169 Hale Road, Manchester CT
Florida
1625 Apalachee Pkwy., Tallahassee FL
1900 Tyrone Blvd., St. Petersburg FL
3908 West Hillsborough Avenue, Tampa FL
6001 Argyle Forest Blvd., Orange Park FL
Spring 708 West State Rd. 436, Altamonte FL
21697 State Road #7, Boca Raton FL
10732 SW Village Pkwy., Port St. Lucie FL
450 South SR 7, Royal Palm Beach FL
2601 W.Osceola Parkway, Kissimmee FL
6001 West Sample Road, Coral Springs FL
3214 N John Young Pkwy., Kissimmee FL
Georgia
2601 Dawson Rd., Albany GA
2955 Cobb Parkway, Smyrna GA
6380 No. Point Parkway, Alpharetta GA
1155 Mt. Vernon Hwy., Dunwoody GA
6875 Douglas Boulevard, Douglasville GA
8160 Mall Parkway, Conyers GA
221 Newnan Crossing Bypass, Newnan GA
132 Pavilion Parkway, Fayetteville GA
Indiana
3928 E 82nd Street, Indianapolis IN
8800 US 31 South, Greenwood IN
Iowa
1211 E. Army Post Rd., S. Des Moines IA
8801 University Ave., Des Moines IA
Illinois
1610 Deerfield Rd., Highland Park IL
16 East Golf Rd., Schaumburg IL
295 Center Drive, Vernon Hills IL
5001 Lincoln Highway, Matteson IL
6420 W. Fullerton, Bricktown IL
7750 South Cicero Avenue, Burbank IL
5660 Touhy Avenue, Niles IL
Kansas
4646 W. Kellogg, Wichita KS
8500 W 135th Street, Overland Park KS
Kentucky
4900 Shelbyville Rd., St. Mathews KY
1155 Buck Creek Rd., Simpsonville KY
1965 Star Shoot Parkway, Lexington KY
Louisiana
137 Northshore Blvd., Slidell LA
Maine
6 Bangor Mall Blvd., Bangor ME
200 Running Hill Road, Portland ME
Maryland
8401 Mike Shapiro Drive, Clinton MD
Massachusetts
302 Providence, Dedham MA
70 Worcester Providence Tpk/Rt. 146, Millbury MA
50 Holyoke Street, Holyoke MA
217 Hartford Ave., Bellingham MA
6110 Shops Way, Northborough MA
Shoppers World Plaza, 1 Worcester Road, Framingham MA
Michigan
5363 Harvey Street, Muskegon MI
2620 Crossing Circle, Traverse City MI
5900 W. Saginaw Highway, Lansing MI
4923 28th Street South East, Grand Rapids MI
3725 Carpenter Road, Ann Arbor MI
3725 Washtenaw, Ann Arbor MI
Minnesota
14100 Wayzata Blvd., Minnetonka MN
170 89th Ave., Blaine MN
8236 Tamarack Village, Woodbury MN
900 West 78th Street South, Richfield MN
Mississippi
1003 Bonita Lakes Circle, Meridian MS
200 Bass Pro Dr., Pearl MS
Missouri
1901 Bernadette, Columbia MO
201 Silver Springs Rd., Cape Girardeau MO
5590 St. Louis Mills Blvd., Bridgeton MO
220 THF Blvd., Chesterfield MO
Nebraska
3505 S. 140th Plaza, Omaha NE
Nevada
2150 North Rainbow Blvd., Las Vegas NV
7020 Arroyo Crossing Parkway, Spring Valley NV
New Mexico
45 Hotel Circle, Albuquerque NM
North Carolina
801 Fairview Road, Asheville NC
7001 Fayetteville Road, Durham NC
3300 Westgate Drive, Durham NC
New Hampshire
29 Gusabel Avenue, Nashua NH
New Jersey
1280 Rt. 22 & St. James Ave., Phillipsburg NJ
137 Route 35, Eatontown NJ
100 Promenade Blvd., Bridgewater NJ
2700 Route 22 East., Union NJ
909 US Hwy 1 South., North Brunswick NJ
Rt. 541 & Cadillac Road, Burlington NJ
2135 Route 38, Cherry Hill NJ
7 Wayne Hills Mall, Wayne NJ
545 Route 17 South, Paramus NJ
98 Route 10 West., East Hanover NJ
Kids World 900 Center Drive, Elizabeth NJ
50 International Drive South, Mt. Olive NJ
New York
139-19 20th Ave., College Point NY
24-30 Union Square E, Union Square NY
5181 Sunrise Hwy., Sayville NY
5214 Sunrise Hwy., Massapequa NY
2335 Marketplace Drive, Henrietta NY
1569 Niagara Falls Blvd., Buffalo NY
401 Frank Sottile Boulevard, Kingston NY
708 Upper Glen St., Glens Falls NY
221 Wade Road Extension, Latham NY
2700 Central Park Ave., Yonkers NY
66 Metropolitan Ave., Middle Village NY
1350 Corporate Drive, Westbury NY
108 Veterans Memorial Highway, Commack NY
461 Lycoming Mall Cir, Williamsport NY
1530 Ridge Rd. West, Greece NY
Ohio
6251 Glenway Ave., Western Hills OH
2661 Miamisburg-Centerville Rd., Dayton OH
7841 Mentor Ave., Mentor OH
3610 West Dublin-Granville Rd., Dublin OH
Oklahoma
1119 SE 66th St., Oklahoma City OK
5609-E Rogers Ave., Fort Smith OK
560 Ed Noble Pkwy., Norman OK
Pennsylvania
1061 N. Dupont Highway, Dover PA
100 Welsh Road, Horsham PA
6680 Peach St., Erie PA
3700 William Penn Highway, Monroeville PA
104 Bartlett Ave., Exton PA
2003 Cheryl Dr., Ross Park Mall PA
301 Oakspring Road, Washington PA
18/Valley View Dr., Beaver Valley Route PA
Rhode Island
300 Quaker Lane, Warwick RI
South Carolina
254 Harbison Boulevard, Columbia SC
South Dakota
450 E. Disk Drive, Rapid City SD
Tennessee
7676 Polo Ground Blvd., Memphis TN
5731 Nolensville Rd., Nashville TN
Texas
801 Mesa Hills Dr., West El Paso TX
9730 Katy Freeway, Katy TX
170 E. Stacy Road, Allen TX
7730 N. MacArthur Blvd, Irving TX
420 E. Round Grove Rd., Lewisville TX
13710 Dallas Parkway, Dallas Galleria TX
1309 W. Pipeline Rd., Hurst TX
5800 Overton Ridge Blvd., Hulen TX
Utah
4042 Riverdale Rd., Ogden UT
1122 Fort Union Boulevard, Midvale UT
Virginia
14173 Crossing Place, Potomac Mills VA
12153 Jefferson Ave., Newport News VA
Washington
3567 N.W. Randall Way, Silverdale WA
1325A S.E. Everett Mall Parkway, Everett WA
6104 N. Division Street, Spokane WA
Wisconsin
18550 W. Bluemound Rd., Brookfield WI
2161 Zeier Road, Madison WI
Posted by o.supreme on January 24th, 2018 @ 10:42am CST
Posted by Yotsuyasan on January 24th, 2018 @ 10:53am CST
Posted by That_Guy on January 24th, 2018 @ 11:01am CST
Posted by Terrsolpix on January 24th, 2018 @ 11:10am CST
Posted by no-one on January 24th, 2018 @ 11:18am CST
Posted by mooncake623 on January 24th, 2018 @ 11:25am CST
Posted by Asepticon on January 24th, 2018 @ 11:50am CST
Posted by william-james88 on January 24th, 2018 @ 11:51am CST
- 181 stores are closing in first quarter, starting in February
- This 181 number breaks down to 91 Babiesrus, 47 Toysrus, 37 Side-by-sides, 2 outlets, and 4 express stores
- There will be an opening/remodeling of 12 new co-branded stores, different from the Side by Side build.
- Massive liquidation effort of $200M+ in merchandise.
- Plans to map and improve customer experience, revamp/improve online.
- Less skus in Brick and Mortar.
- Creating a pricing model and promotional strategy that improves the price perception.
Here is the slide they shared.
This information only pertains to the US stores.
Posted by reluctantyouth on January 24th, 2018 @ 11:59am CST
I'm glad Peoria, IL (my store) is a combo store and well run as far as TRU goes.
Posted by TF-fan kev777 on January 24th, 2018 @ 12:06pm CST
reluctantyouth wrote:The Illinois list makes some sense, but Moline, illinois should be on there. The store looks like it was transported here directly from 1985...no updates. The Bloomington, Illinois store should also be on the list. I don't understand the Schaumburg closure...the store was recently renovated from complete craphole to almost decent. I'm sure the rent is just too much in such a swanky Chicago suburb.
I think they are looking more at coverage areas than anything else. That would help explain Moline's and Bloomington's survival versus Schaumburg, Highland Park and Vernon Hills.