Toys R Us Liquidation Sale starts Friday March 23rd at most stores
Friday, March 23rd, 2018 11:12AM CDT
Categories: Toy News, Company News, Store NewsPosted by: Va'al Views: 12,581
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USA Today wrote:Toys R Us delayed the start of liquidation sales until Friday because attorneys were still preparing a court filing for the bankruptcy judge to sign off on the process, said a person with knowledge of the company’s deliberations.
While most Toys R Us locations in the US begin their nationwide liquidation process, a movement has also begun by MGA Entertainment (makers of Bratz, L.O.L. dolls, and Little Tykes) to save Toys R Us, which we reported on in the past 24 hours. More information about the #savetoysrus movement can be found right here on Seibertron.com.

Several of our fellow Transformers fans have reported that some Toys R Us locations have not started their liquidation process yet. Adam Myrick and Action Figure Insider have both shared that specific stores still have signs posted that the liquidation process has not yet begun. If you are traveling a long distance to get to a Toys R Store, we advise that you call ahead to verify whether or not that specific store has started their liquidation sales process yet.
Let us know what your local store is up to, what deals you were able to find, and how this is affecting the area in which you usually shop and look for Transformers, or if you're directly involved as an employee of the store, by joining the Energon Pub discussion.
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Posted by Megatron Wolf on March 23rd, 2018 @ 11:26am CDT
Posted by o.supreme on March 23rd, 2018 @ 11:32am CDT
Posted by Gunmetal on March 23rd, 2018 @ 12:25pm CDT
ScottyP wrote:I think I'd rather donate to a charity.
I do that too

Don't get me wrong, there's a reason I only tossed in $5. No one should give more than (or even equal to) what they would give to a charitable cause they believe in.
But hey, if any of you are going to throw stones over not giving every last dollar toward saving the whales and curing cancer, I have 2 words:
Earth Wars

Posted by claborn on March 23rd, 2018 @ 12:34pm CDT
this is also how this section has looked most of the 3 years i browsed here. so theres that....
Posted by Ironhidensh on March 23rd, 2018 @ 1:34pm CDT
TRU was in trouble before the leveraged buyout, and if saved, they will be in trouble again.
The brick and mortar toy store is on life support, and has no place in the modern consumer world beyond local owned specialty shops. This plan to "save" it..... well, it sounds a bit shady.
Posted by o.supreme on March 23rd, 2018 @ 1:56pm CDT
Ironhidensh wrote:The brick and mortar toy store is on life support, and has no place in the modern consumer world
I strongly disagree. If you absolutely trust the interwebs for all your purchases without reservation that's fine. I use it myself when I have to. But personally, Id always rather See/handle *know what I'm getting* in real life, what I'm going to purchase before I do.
Posted by Ironhidensh on March 23rd, 2018 @ 2:18pm CDT
o.supreme wrote:Ironhidensh wrote:The brick and mortar toy store is on life support, and has no place in the modern consumer world
I strongly disagree. If you absolutely trust the interwebs for all your purchases without reservation that's fine. I use it myself when I have to. But personally, Id always rather See/handle *know what I'm getting* in real life, what I'm going to purchase before I do.
I get that, and I ev3n respect and understand the sentiment. The issue is that this whpay of thinking is in the vast minority, and shrinking daily. As the older generations shop less, and the younger generations shop more, online will be the way to go. Only massive corporations like Walmart will survive, and even they will have do make massive adjustments.
Posted by Gunmetal on March 23rd, 2018 @ 2:40pm CDT
I agree that shrinking and transformation will happen, but I don't think it will disappear entirely. Business interests, nostalgia, and the desire for "hands on" always seem to keep the online universe from true monopoly.Ironhidensh wrote:o.supreme wrote:Ironhidensh wrote:The brick and mortar toy store is on life support, and has no place in the modern consumer world
I strongly disagree. If you absolutely trust the interwebs for all your purchases without reservation that's fine. I use it myself when I have to. But personally, Id always rather See/handle *know what I'm getting* in real life, what I'm going to purchase before I do.
I get that, and I ev3n respect and understand the sentiment. The issue is that this whpay of thinking is in the vast minority, and shrinking daily. As the older generations shop less, and the younger generations shop more, online will be the way to go. Only massive corporations like Walmart will survive, and even they will have do make massive adjustments.
Look at digital media: that was supposed to replace physical copies long ago, yet DVD and even Blu-Ray sales continue, probably because, besides the "collection aspect", DVDs don't require subscriptions, can't be throttled back, and won't be taken away over a rights dispute.
Need any more reason to not underestimate old ways?
https://www.seibertron.com/transformers/news/transformers-original-television-series-score-vinyl-repress-announced/40874/
Posted by Seibertron on March 23rd, 2018 @ 3:14pm CDT
Yotsuyasan wrote:If this guy is at all serious, instead of croud funding a "Save Toys 'Я' Us" campaign offering token crap rewards to people he is asking to invest in his business venture, why not strike a deal with the people trying to bring KB back? Think how much easier it might be if they combined efforts, bought up TRU locations, and rebranded them? And then it will be done with real business partners rather than trying to get thousands of average people to invest in their business in exchange for a bumper sticker or a pin.
The KB Toys deal isn't anything to get excited about. It is certainly not a Toys R Us replacement as it is currently being discussed. It's more or less going to be the Halloween pop-up store equivalent except with toys. The Chicagoland area had some of these 2 or 3 years ago around Christmas time where it was just overpriced leftover stock from the past 5 or 10 years with really unfriendly pop-up store employees. The locations I was aware of in the northwest suburbs simply moved in after the pop-up Halloween stores moved out. It was my assumption that it was the same organization, which I thought made a lot of sense (to go from Halloween products to Toys and Christmas products).
One of the articles I read where the guy was talking about the pop-up stores made me realize that this is nothing special at all. What it seems he wants to do is purchase the leftover toy inventory, I'm sure at bargain prices, from Toys R Us warehouses or from toy makers like Mattel, Hasbro, Lego, MGA, etc who need to find a home for upcoming products they already made for Toys R Us prior to its collapse.
As toy collectors, we will most likely have already purchased these products by the time these pop-up stores "pop up". Just putting it on the record that the KB Toys that we might have some possible fun memories of will be very different from of these leftover merchandise pop-up stores that we'll potentially see later this year. From my experience, the products were way over priced and were still over priced even after the blowout clearance prices which began after Christmas that year. For those of you in the Chicagoland area, there is a similar store to the pop-up toy store that is open all year round in the old KB Toys location inside the Golf Mill mall in Niles, IL. This store also carries a lot of KO products as well as leftover retail stock (again at very high prices).
If you carefully read the articles about KB Toys and look past all of the fluff, you can figure out what the guy wants to do with these pop-up stores, and it's not what it sounds like on the surface. There are more articles out there like this one, but I think the CNN Money one sums up all you need to know. Having seen these pop-up toy stores here in Chicago, I can assure you that this is definitely NOT what it seems. It is definitely NOT KB Toys as we remember it from 10 or so years ago.
http://money.cnn.com/2018/03/20/news/co ... index.html
CNN Money wrote:"My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go," said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. "That's a big, big void that we're hoping to fill up."
Kassoff said he's been in contact with Hasbro Inc. (HAS) and Mattel, Inc. (MAT) and up to 200 smaller toy suppliers who are looking for new brick and mortar retailers. He said he plans to take advantage of a glut of toy manufacturers that have inventory but no place to sell it.
To get a quick retail footprint, Kassoff said he's working with companies that specialize in holiday and pop-up retail, like Spencer Spirit Holdings Inc., Go! Retail Group, and Party City Holdco Inc. (PRTY)
I'll repost this in the KB toys discussion as well.
Posted by Seibertron on March 23rd, 2018 @ 3:19pm CDT
Seibertron wrote:I'll repost this in the KB toys discussion as well.
LOL. Apparently this topic is the "KB Toys might make a return" topic as well!

Posted by -Kanrabat- on March 23rd, 2018 @ 3:44pm CDT
o.supreme wrote:Ironhidensh wrote:The brick and mortar toy store is on life support, and has no place in the modern consumer world
I strongly disagree. If you absolutely trust the interwebs for all your purchases without reservation that's fine. I use it myself when I have to. But personally, Id always rather See/handle *know what I'm getting* in real life, what I'm going to purchase before I do.
Online is just perfect and convenient... as long that constantly paying for the damn shipping fees don't bother.
IMO, I'd rather have the thing in hand before buying too.
Posted by Rated X on March 23rd, 2018 @ 4:06pm CDT
Posted by o.supreme on March 23rd, 2018 @ 4:21pm CDT
Rated X wrote: All these people going into severe depression over this need to let it go.
Sorry you had that rough experience. I've been victim of really bad customer service there recently as well. However...I don't think anyone is going into "severe depression""...as you say (except anyone who stands to lose their job, which is completely understandable). I'm saddened to be sure, but I'm not losing any sleep over it. It's not like this is the first time this has happened. We lost a local store (Gemco) in the late 80's, probably the best "one stop shop" ever, even 30 years ago, was way better than todays Walmarts, and way better toy selection also. My old elementary school got leveled and replaced by another, Video Arcades are a thing of the past, Shopping Malls that were actually fun to go to, Blockbuster video...I can go on and on. But of course as with all things, there is balance. I'll monitor the situation with TRU closely if for no other reason than it is so convenient I pass mine each day to and from work. But when its all said and done, life goes on, I get it.
Posted by WreckerJack on March 23rd, 2018 @ 5:36pm CDT
That being said I don't want TRU to go under. I'd rather have them fixed things before they went south, but that happened years ago. I'm probably in the minority here but I have never actually purchased a transformer at TRU. What I really want is a toy store that has competitive pricing and good stock. But of course that's just too much to ask.

Posted by Ironhidensh on March 23rd, 2018 @ 6:02pm CDT
Gunmetal wrote:I agree that shrinking and transformation will happen, but I don't think it will disappear entirely. Business interests, nostalgia, and the desire for "hands on" always seem to keep the online universe from true monopoly.Ironhidensh wrote:o.supreme wrote:Ironhidensh wrote:The brick and mortar toy store is on life support, and has no place in the modern consumer world
I strongly disagree. If you absolutely trust the interwebs for all your purchases without reservation that's fine. I use it myself when I have to. But personally, Id always rather See/handle *know what I'm getting* in real life, what I'm going to purchase before I do.
I get that, and I ev3n respect and understand the sentiment. The issue is that this whpay of thinking is in the vast minority, and shrinking daily. As the older generations shop less, and the younger generations shop more, online will be the way to go. Only massive corporations like Walmart will survive, and even they will have do make massive adjustments.
Look at digital media: that was supposed to replace physical copies long ago, yet DVD and even Blu-Ray sales continue, probably because, besides the "collection aspect", DVDs don't require subscriptions, can't be throttled back, and won't be taken away over a rights dispute.
Need any more reason to not underestimate old ways?
https://www.seibertron.com/transformers/news/transformers-original-television-series-score-vinyl-repress-announced/40874/
Been to a blockbuster recently? There are no "dvd" stores.
Posted by primalxconvoy on March 23rd, 2018 @ 6:26pm CDT
Gunmetal wrote:Look at digital media: that was supposed to replace physical copies long ago, yet DVD and even Blu-Ray sales continue, probably because, besides the "collection aspect", DVDs don't require subscriptions, can't be throttled back, and won't be taken away over a rights dispute.
Need any more reason to not underestimate old ways?
https://www.seibertron.com/transformers/news/transformers-original-television-series-score-vinyl-repress-announced/40874/
DVDs? You mean those things many people buy online from Amazon? You've confused digital distribution with digital products here. Although they can appear the same, they differ.
Regardless, Netflix, Hulu and the likes of Bitorrent are here to stay. I haven't bought a DVD or Blueray since the recent(ish) TF:TM remaster, and then I downloaded a copy of THAT off the internet afterwards. DVDs and Bluerays suffer more from region restriction, higher prices, take up too much space in my room and I have to get up and change the disk to watch something else.
Digital is simply the new standard and that's coming from someone who grew up with G1 in the 80's.
As for digital shops, then I don't care if most regular shops for most products go under. I'm more interested in availability and prices than seeing it in hand. Although it IS nice to do so, ice usually been disappointed in most retail shops due to something being unavailable, due to being sold out, or that shop not selling imported products.
Online all the way for me.
Posted by WreckerJack on March 23rd, 2018 @ 6:38pm CDT
Posted by primalxconvoy on March 23rd, 2018 @ 7:06pm CDT
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.
Posted by Seibertron on March 23rd, 2018 @ 7:13pm CDT
Ironhidensh wrote:Been to a blockbuster recently? There are no "dvd" stores.
Family video chain is still kicking it and apparently doing well, last I heard.
https://www.familyvideo.com/storelocator/
Posted by WreckerJack on March 23rd, 2018 @ 8:02pm CDT
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.
Indeed, but why do all that when I can just pop a DVD in my CD drive or my xbox and watch? Same deal with CD's and my boombox.