Toys R Us, the largest U.S. toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for the holiday season.
The Chapter 11 filing, to restructure $5 billion of long-term debt, is among the largest ever by a specialty retailer and casts doubt over the future of the company's 64,000 employees and nearly 1,600 stores, which remain open.
2. "amzn's definitely swallowing brick-n-mortar marketshare" In response to Reply # 1
gamestop, i can see fading... 'cause people can first sample games on the playstation store, etc.
re toys, though... 60% of the fun was moms taking me and my brother to the toy store. i'm not saying that doesn't happen today, 'cause folks go to the store, look at an item, and then pull out the phone and order it on the amazon app.
52. "Amazon's expansion is pretty interesting" In response to Reply # 2
To note, I am a Prime member (primarily for streaming purposes) and I buy stuff from Amazon on a fairly routine basis to save dollars, so I guess I am part of the 'problem', but here in NYC, Amazon has been opening up brick and mortar installations within last year. While it's good in the short term in terms of the immediate jobs created by the new buildings, I have to think traditional offline only brick and mortar stores are quaking in the boots as result, which will result in those businesses closing down eventually. Dunno what the solution is if any since Amazon is so much more convenient and cheaper than most offline only brick and mortar stores, but it's pretty interesting.
Another chain that I have to think it struggling is Best Buy, but at least they sell appliances, and most folks like to see large purchase appliances in person, so I suppose they will serve a purpose even as Amazon continues to grow. That Whole Foods acquisition is only going to make them that much more of a beast. I just hope Jeff Bezos does good things with all the power he is amassing at this point.
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29. "I was wondering about that..." In response to Reply # 13
I guess things are different for kids now but i remember walking into a toy store like it was Disney Land. Kinda sad kids dont get that kind of experience.
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46. "I honestly never considered that." In response to Reply # 13
I mean, I grew up poor so usually I only got new toys at Christmas.
I don't really remember going to Toys R Us and oogling the Transformers.
FWIW I seem to have taken approach of getting him smaller toys more frequently than wowing him with some huge playset on special occasions. So, i tend to bring him something small quite often. he always seems thrilled.
i think the only place he's seen a big collection of toys is Target.
6. "*Stocks up on Instax*" In response to Reply # 0 Tue Sep-19-17 02:50 PM by hardware
also Toys r Us is underrated for getting games. They don't make that big of a deal of it anymore which is why people forget to check them when the other stores are sold out.
at least around here. They even had the Switch stocked more reliably
7. "Toys R us has been the last stop" In response to Reply # 0
for a lot of the stuff kids want for years now... most people overlook them for the games and ipads... but they had some killer black friday deals...
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9. "I still know the words to the jingle" In response to Reply # 0
I don't wanna grow up I'm a Toys-R-Us Kid A million toys at Toys-R-US that I can play with From bikes, to trains, to video games - its the biggest toy store there is I don't wanna grow, cuz baby if I did I wouldn't be a Toys-R-Us Kid
32. "Nah. All them other spots were 2nd tier" In response to Reply # 20
Toys R Us was the OG toy store. Lionel Kiddie City, KB Toys, etc could be found in a regular mall. Geoffrey and company usually had their own spot (or was an anchor at a mall when that meant something). Children's Palace tried, but they were always going to be 2nd fiddle without having a giraffe hawking their wares
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12. "Went the debt route after a leveraged buyout" In response to Reply # 0 Tue Sep-19-17 03:30 PM by select_from_where
Sounds like a case of ownership not wanting to let go of their baby. Should have just flat out sold and broken off the brands. Could have been acquired by amazon distributors and had a play in the new business models. Too bad.
14. "RE: Went the debt route after a leveraged buyout" In response to Reply # 12
>Sounds like a case of ownership not wanting to let go of >their baby. Should have just flat out sold and broken off the >brands. Could have been acquired by amazon distributors and >had a play in the new business models. Too bad.
yeah, they've essentially been insolvent for over a decade.
18. "Parents want to pay for experiences." In response to Reply # 0
I don't need anymore cheap plastic junk in my house. My daughter is much better off going to Gymoree, Tinkergarden or some other educational outdoor interactive experience.
Why can't they rebrand Toys R Us as a destination and charge for entry during key child friendly hours.
Toys are okay but easily recyclable and often they break.
legsdiamond Member since May 05th 2011 79605 posts
Tue Sep-19-17 07:23 PM
26. "I prefer both... we got some dope educational toys " In response to Reply # 18
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
19. "I think Target and Walmart have as much to do with this as Amazon" In response to Reply # 0
Smaller more streamlined toy sections with nothing but hot sellers. Half the shit in Toys r Us doesn't sell and has nobody even looking in those aisles. The same aisles that are poppin like action figures, dolls, nerf, and Lego are available at Target and Walmart. Plus mom and dad can pick up toiletries and groceries at the same time.
November 8th, 2005 The greatest night in the history of GD!
legsdiamond Member since May 05th 2011 79605 posts
Tue Sep-19-17 07:15 PM
22. "Yup, but every time I go to Babys R Us or You's R Us " In response to Reply # 19
I see deals galore. Those places are empty as hell tho.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
legsdiamond Member since May 05th 2011 79605 posts
Wed Sep-20-17 12:17 AM
39. "We did both. Target's registry was mad glitchy" In response to Reply # 34
problem for us is Baby's R Us is far away. There are prolly 8 Targets between my house and Baby's R Us
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
legsdiamond Member since May 05th 2011 79605 posts
Tue Sep-19-17 07:13 PM
21. "Damn. I shop there from time to time " In response to Reply # 0
but I can't front, I prolly shop more at Walmart and Target online and then pick it up in the store.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
legsdiamond Member since May 05th 2011 79605 posts
Wed Sep-20-17 09:57 AM
42. "My kid is 2 and the big legos at the Library are popular" In response to Reply # 35
but the legos I loved as a kid are EXPENSIVE AS HELL
My wife had a student who's father worked for Lego. Gotdamn that has to be a fun ass job.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
48. "i think 2017 is the first year of down sales" In response to Reply # 35
before that is was like a decade of increased sales. Which is pretty fucking impressive. Lego's are still definitely popular. Elementary school aged kids love them and so do adults. I think they just need to make more moderately priced sets. Them shits are expensive as fuck. But when a new hot set comes out. They are sold out in stores first week. Its ridiculous. Shit 2 years ago I tried to get the Lego Advent Calendar for Christmas but I waited until Thanksgiving and couldnt find any. Last year I bought one at the beginning of November. This year I might buy two and sell one on ebay.
November 8th, 2005 The greatest night in the history of GD!
38. "Havent set foot in a Toys R Us in 25 years but this makes me sad" In response to Reply # 0
Starting Lineup figures, He Man, Mask, my Sega Genesis that my mom got me while she was recovering from surgery and a weekly trip as a kid are among so many things that stick out to me. I definitely agree that the experience of shopping in a store is underrated, but there is no reversing course here. I also understand that this is a company that didn't do a great job of adapting or running its finances, but that's all logical, emotionally I was kind of taken aback by the news and decided not to think about it.
And you will know MY JACKET IS GOLD when I lay my vengeance upon thee.
43. "As an adult I get it. Target or Amazon FTW." In response to Reply # 0
Plus there are hardly any Toys R Us stores around anymore so its likely not convenient to go to one anyway. Last time I went in one was years ago, but I still geeked out.
As a kid though, nothing was better than being in a toy store. That was paradise. No boring adult shit, just all kid amazingness in every square inch. Everything you ever wanted in one place.
BrooklynWHAT Member since Jun 15th 2007 85075 posts
Wed Sep-20-17 02:57 PM
47. "is it not creepy in toysrus these days?" In response to Reply # 45
i went in there a few years back to get my cousins kid some legos and other than me there were maybe 5 people in the whole building aside from employees. so quiet.
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