Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now

Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now

Thursday, August 23rd, 2018 11:15pm CDT

Categories: Toy News, Company News
Posted by: william-james88   Views: 18,355

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We had previously posted a rumour that Ollie's Bargain Outlet had purchased a massive amount of toys from suppliers who had overstock due to the Toysrus Bankruptcy. Well, it is no longer a rumour. Ollie's just posted this message on their site.

With the recent bankruptcy of the world's biggest toy store, Ollie's stepped up and purchased almost $200 million dollars (at retail) of toys from suppliers who had excess inventory and is selling them at up to 75% off the fancy stores' price. This is by far our largest and best toy selection EVER. It is sooooooo big and our warehouses are sooooooo full that we had to start shipping new toys to the stores this summer. Our stores will have spectacular name brand toys from now right thru December 25th, and we have almost every famous toy brand that you can think of. Please shop early and often, as our selection will be changing weekly.


Is anyone excited? What would you be hoping to find? Let us know!

Transformers News: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now

Credit(s): Ollie's


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Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980394)
Posted by triKlops on August 24th, 2018 @ 9:35am CDT
Going to have to stop in here relatively soon and take a look!
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980398)
Posted by galvatron00 on August 24th, 2018 @ 9:38am CDT
AAAAAAAAAAAAAAAAAAAAAWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW SNAP!!
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980401)
Posted by o.supreme on August 24th, 2018 @ 9:51am CDT
Couldn't bother to take that 200M and open any stores west of the Mississippi though could they... :BANG_HEAD:

Still...I guess if they get Predakings for $30 or $50, I guess I'll still be able to get one for less than $150, even though I hate to think I'm helping a scalper. :-x
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980403)
Posted by galvatron00 on August 24th, 2018 @ 9:56am CDT
o.supreme wrote:Still...I guess if they get Predakings for $30 or $50, I guess I'll still be able to get one for less than $150, even though I hate to think I'm helping a scalper. :-x
Well, I've bought one extra of each of the last two Titan Class figures they had at Ollie's for members here on the boards and it has been $35-$40 to ship (at cost, no markups for my collector friends!). SO! If you can get one for $80 or $90 w/free shipping, you'd be getting the same price as someone picking one up for you and sending it your way ;)^
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980409)
Posted by Blitzwing is bae on August 24th, 2018 @ 10:39am CDT
no ollies near me :-( :-( :-(
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980471)
Posted by Emerje on August 24th, 2018 @ 3:09pm CDT
Worth mentioning that these came from suppliers, not from TRU's left over stock, that stuff is still out there (and could still end up in places like T.J.Maxx, Ross, and other surplus/salvage stores). This is the stuff that was planned to be sent to TRU and canceled. And they didn't pay $200M for this, that's the retail value. Considering what they sell stuff for it might be closer to a quarter of the value, like $50M.

Emerje
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980477)
Posted by EvasionModeBumblebee on August 24th, 2018 @ 4:05pm CDT
I was there a few days ago and they didn’t have anything yet, but I imagine in a few weeks we could start seeing stuff. Still hoping Thundercracker will show up!
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980596)
Posted by YoungPrime on August 25th, 2018 @ 1:11pm CDT
Great, let me know if they get any Leader Class Rodimus Primes for $20-$25 otherwise meh!
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1980702)
Posted by X3ROhour on August 26th, 2018 @ 6:47am CDT
itscramtastic wrote:AAAAAAAAAAAAAAAAAAAAAWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW SNAP!!

snap, indeed.
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983762)
Posted by D-Maximal_Primal on September 13th, 2018 @ 5:52pm CDT
Thanks to an anonymous sender, we have news that Ollie's, the bargain outlet that was rumored to be getting a massive Transformers overstock for the 2018 Holiday Season, has now restocked Transformers, and they have a pretty massive selection! These pictures come to us from an Ollie's in Steubenville, Ohio, and included in their restock are The Last Knight wave 3 deluxes, including the hard to find Bumblebee figure; The Last Knight deluxe Hot Rod, which has shown up at multiple bargain stores as of late; Titans Return Leader class Sixshot, Sky Shadow, and Overlord; Titans Return Voyager Blitzwing and Octone; and Titans Return wave 3 and 4 deluxes. Not seen but mentioned was Titans Return Trypticon, which was going for that crazy $49.99 price tag as was previously reported.

Check out the images below, and head on out to your local Ollie's and let us know what you find!

Image

Image

Image
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983764)
Posted by Dinobot-Snarl on September 13th, 2018 @ 6:02pm CDT
That is crazy! Legions and swarms can be built at the prices to create epic battle dioramas! :-D
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983765)
Posted by Acolyte on September 13th, 2018 @ 6:07pm CDT
I have never seen an Ollie's in my life.

Ever.

And now I live in Japan. You'd think Transformers would be just everywhere here, but absolutely not. Can be very hard to find anything "new", and old stuff is exorbitantly expensive outside of some particular Tokyo locations.
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983772)
Posted by Tommy T. on September 13th, 2018 @ 6:36pm CDT
I understand most of these came from the toys r us buy out. But I find it a little strange the Walmart exclusive hot rod ended up there. I was waiting and waiting for it to show up in stores. Finally cracked and got him online. Why wouldn't Walmart sell him in there stores half off or something. Instead he ends up there.
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983774)
Posted by Dinobot-Snarl on September 13th, 2018 @ 6:50pm CDT
Somewhat of a sad eulogy to an iconic US toy store. Not to worry neighbors to the south. Visit Canada as Toys R Us survives here and she will continue to receive my business and thrive. ;)^
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983778)
Posted by Hellscream9999 on September 13th, 2018 @ 7:03pm CDT
So where was this crap when we were begging for the empty shelves at stores to be restocked? Clearly the product existed somewhere...
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983779)
Posted by Hellscream9999 on September 13th, 2018 @ 7:04pm CDT
double post
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983781)
Posted by Black Bumblebee on September 13th, 2018 @ 7:12pm CDT
I don't believe all of this stock is from Toys R Us directly--that's just the line they are using. This is all stock that Hasbro was AFRAID to sell to Toys R Us, along with some overstock. If they had sold it to Toys R Us, it would have been bought on credit. And what happens to credit debts once someone files bankruptcy? You guessed it--it doesn't get paid.
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983785)
Posted by AcademyofDrX on September 13th, 2018 @ 7:31pm CDT
Just to manage expectations, my store only had select deluxes from Waves 3 and 4. Lots of Triggerhappys, Kroks, and Quakes, but none of the animated movie characters or Topspin. I don't know if they will add stock at any point, and I may go back to see if they got any Leader class figures, which weren't in stock last week.

As always, your mileage may vary.
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983786)
Posted by Emerje on September 13th, 2018 @ 7:36pm CDT
Black Bumblebee wrote:I don't believe all of this stock is from Toys R Us directly--that's just the line they are using. This is all stock that Hasbro was AFRAID to sell to Toys R Us, along with some overstock. If they had sold it to Toys R Us, it would have been bought on credit. And what happens to credit debts once someone files bankruptcy? You guessed it--it doesn't get paid.

Correct. They said this was stock intended for TRU, not stock from TRU. Hot Rod is just coming along for the ride since Walmart never put him in stores and Hasbro probably ended up with a surplus of them judging from them showing up at other discount stores.

But this means the actual leftover TRU stock is out there somewhere. I look foward to seeing where that ends up because I imagine there was a lot they couldn't get into stores in their final days.

Emerje
Re: Ollie's Confirms Buying $200 M Dollars of Toys From Toys R Us Bankruptcy and Stocking Them Now (1983788)
Posted by megamanfan on September 13th, 2018 @ 7:42pm CDT
apparently, the only ollie's stores are in indiana and wisconsin. and there's only 5 total. anyone feel like a roadtrip?

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