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re: It's Official: No More Toys R Us Kids

Posted on 3/14/18 at 6:00 pm to
Posted by Buck Dancer
New Orleans
Member since Jan 2008
4867 posts
Posted on 3/14/18 at 6:00 pm to
shite, where else will I be able to take my kids to a huge toy store , look over 10,000 toys and then stand in line while one register out of 10 is open ringing people up?!?
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 3/14/18 at 6:06 pm to
quote:

Yup.

All those millennials who took the company private over a decade ago and loaded it with debt

All those millennials who refused to overpay in stores for a crappy in-store experience

All those millennials who worked in R Us corporate who refused to properly invest in a decent store layout and a staff who cares



Yep like I said, fricking millennials.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 3/14/18 at 6:07 pm to
quote:

The hell did Geoffrey ever do to you?




Didn't sell the hot wheels wheelchair.
Posted by Bama and Beer
Baldwin Co, AL
Member since Oct 2010
85819 posts
Posted on 3/14/18 at 6:10 pm to
You'll have kids one day and when you say "do you want to go to the toy store?" they think you have just given them 2.2 billion dollars. It's awesome, but getting them out is a different story
Posted by Volvagia
Fort Worth
Member since Mar 2006
53608 posts
Posted on 3/14/18 at 6:37 pm to
It doesn’t help.

Apparently the killer though was bad timing.

They heavily leveraged themselves, and then the Great Recession hit.

It’s been a downward spiral since then, and while their margins were apparently sustainable, it wasn’t after factoring in the debt servicing.

Sucks

#EndofanEra
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 3/14/18 at 7:05 pm to
We can all sit here and go down memory lane, but the fact is that very few of us have actually been inside a Toys R Us in years.

Overpriced, understaffed, and outdated buildings.
Posted by Chad504boy
4 posts
Member since Feb 2005
179925 posts
Posted on 3/14/18 at 7:06 pm to
SPent $152 n gift cards last night we had online
Posted by Tiger Prawn
Member since Dec 2016
26340 posts
Posted on 3/14/18 at 7:09 pm to
I dont wanna grow up because if I did, I couldnt be a Toys R Us kid
Posted by chinhoyang
Member since Jun 2011
26234 posts
Posted on 3/14/18 at 7:12 pm to
The debt killed them off.

Lean and mean (with better employees) probably could have survived for a while.

Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 3/14/18 at 7:12 pm to
Insert the Jews did this gif
Posted by el Gaucho
He/They
Member since Dec 2010
60162 posts
Posted on 3/14/18 at 7:31 pm to
All these betas that played with toys growing up the only toys I got to play with was my old mans ole wore out welding rig when he got a new 100k welding machine
Posted by TBoy
Kalamazoo
Member since Dec 2007
29139 posts
Posted on 3/14/18 at 8:33 pm to
All injection molded crap last time I went there.
Posted by dbuchanon
Member since Nov 2014
21044 posts
Posted on 3/14/18 at 8:49 pm to
I think the fact that todays toys suck helped as well. I take my boys to the store to look for toys and other than nerf guns its pretty slim pickings.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122534 posts
Posted on 3/14/18 at 8:53 pm to
quote:

Twas an accidental tea bagging.




And if you know anything about giraffes, you need a ladder to get to their balls.
Posted by deltaland
Member since Mar 2011
103899 posts
Posted on 3/14/18 at 8:58 pm to
I don't know why these brick and mortar giant retailers didn't see this coming and get ahead of it by downsizing the actual stores and switching to large warehouses and trying to have a bigger online presence to compete with companies like Amazon
Posted by deltaland
Member since Mar 2011
103899 posts
Posted on 3/14/18 at 9:03 pm to
quote:

t’s been a downward spiral since then, and while their margins were apparently sustainable, it wasn’t after factoring in the debt servicing.



If the margins were sustainable still, someone will likely buy the brand after liquidation and downsize it or modernize it.
Posted by deltaland
Member since Mar 2011
103899 posts
Posted on 3/14/18 at 9:12 pm to
quote:

these betas that played with toys growing up the only toys I got to play with was my old mans ole wore out welding rig when he got a new 100k welding machine



I had toys as a kid but I also loved shite like this. I remember at 10 years old I took the engine off a worn out go kart and converted an old electric golf cart to gas by installing the go kart engine and changing the belt pulley to a chain sprocket and made brackets to lift the seat high enough. And welded a brush guard on it
Posted by WeeWee
Member since Aug 2012
46002 posts
Posted on 3/14/18 at 9:13 pm to
quote:

It's Official: No More Toys R Us Kids


Kid me would be so heart broken.
Posted by Volvagia
Fort Worth
Member since Mar 2006
53608 posts
Posted on 3/14/18 at 9:41 pm to
quote:

f the margins were sustainable still, someone will likely buy the brand after liquidation and downsize it or modernize it.


I’m not a financial savant, but you don’t realize the stupodity of your statement.

The margins were there to keep going. I didn’t say it was lucrative.

If it didn’t make enough money to both run the business and make the interest payments on the imvestments, how on earth is it a slam dunk plan to put massive amounts of money down, run the business? Obviously it would be better returns putting your money elsewhere. Even in something as “safe” as corporate bonds.

And part of what you describe will happen. Only in an extremely watered down usage of the name. Not as a brick and mortar store. Exact same as circuit City.


Doesn’t discount how Best Buy was able to survive and now even thrive.
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