The demise of Toys 'R' Us

[Tazer That Evil, Yellow Bastiche Find all posts View Profile Close Tazer]

Yo.

to quote Rev. Jesse Jackson......KEEP HOPE ALIVE!!!!

http://money.cnn.com/2018/04/13/news...bid/index.html

Billionaire CEO behind Bratz makes his bid for Toys 'R' US

The CEO behind Bratz dolls and Little Tikes toys is officially making his bid for Toys "R" Us.

Tazer

[Mister Ed Horse of a Different Color Find all posts View Profile Close Mister Ed]

I wonder if they were expecting something like this, since the "sales" at our TRU have not been what you would expect for a store that is literally going away. I haven't seen anything over 10% off (and a lot of things below that), even though the window signs insist that things are "up to 30%" off. So many things are still more expensive than you would find them elsewhere NOT on sale.

[Space Cop The Dandy Find all posts View Profile Close Space Cop]

Bratz maker, huh? Will Geoffrey get sexied up?

[Tazer That Evil, Yellow Bastiche Find all posts View Profile Close Tazer]

Yo.

https://www.journal-news.com/busines...xd8yuPwraUPkO/

No redemption: Toys ‘R’ Us rejects bid submitted by billionaire

Tazer

[Mister.Weirdo Guardian of the Universe Find all posts View Profile Close Mister.Weirdo]

They were asking for their demise. Shame, I have so many good memories going to Toys R. Us on the weekend, and using my gift cards, and getting some awesome toys. The memories man!

[Tazer That Evil, Yellow Bastiche Find all posts View Profile Close Tazer]

Yo.

I said it b4, and I'll say it again: KEEP HOPE A L I V E!!!!!!!:
https://www.theglobeandmail.com/busi...-revive-brand/

Toys ‘R’ Us cancels bankruptcy auction, plans to revive brand

Tazer

[IonFan Forum Member Find all posts View Profile Close IonFan]

don't see how being that every store is closed now

[Space Cop The Dandy Find all posts View Profile Close Space Cop]

don't see how being that every store is closed now

Well, I highly doubt it will mean them going back in to all their old stores (if any). Here's the relevant portion:

The bankrupt retailer’s debtors aim to open a new Toys "R" Us and Babies "R" Us branding company that maintains existing global license agreements and can invest and develop new retail shops. The lenders also plan to expand its international presence and further develop its private brands business.

Notice, though, that means total new management (a kind of in-name-only deal). It's in the hands of the bankers.

[Darth_Primus Guardian of the Universe Find all posts View Profile Close Darth_Primus]

Toys R Us would definitely need to only operate a handful of brink and mortar stores and focus more on their online sales, to cut down on overhead and leasing costs. I'm sure they'll look at Amazon on how to better connect with their costumers.

[Mister Ed Horse of a Different Color Find all posts View Profile Close Mister Ed]

First step would be to not mark so much stuff up over MSRP.

[Darth_Primus Guardian of the Universe Find all posts View Profile Close Darth_Primus]

Which means they would drastically reduce their operating costs. I'm sure they know their prices have to be competitive with the online retailers. Thus, I don't think they have Toys R Us in every city. Probably just in areas where there's alot of foot traffic or in areas that showed consistent profits.

[Ωmega Man Guardian of the Universe Find all posts View Profile Close Ωmega Man]

Its back.... sort of..?!

https://www.cbr.com/toys-r-us-geoffr...kroger-pop-up/

[Tazer That Evil, Yellow Bastiche Find all posts View Profile Close Tazer]

Yo.

https://www.cnn.com/2019/07/18/busin...res/index.html

Toys 'R' Us is coming back to the United States

Tazer

[Andrew NDB Shot Caller Find all posts View Profile Close Andrew NDB]

This coupled with the "Geoffrey's Toy Box" is all very confusing.