bigjimslade Posted September 7, 2017 Posted September 7, 2017 (edited) From WFAA in Dallas http://www.wfaa.com/news/nation-world/toys-r-us-restructuring-its-debt-bankruptcy-filing-is-an-option/471782101 Here is a NYT story: https://www.nytimes.com/2017/09/06/business/toys-r-us-bankruptcy-advisers.html Edited September 19, 2017 by bigjimslade Updated title to reflect bankruptcy
angelbabymommy Posted September 7, 2017 Posted September 7, 2017 (edited) Wow! I just got an email today from then with the hot toy list. Wonder how this will play out for us shoppers for the holiday season Edited September 7, 2017 by mommyofanangelb
jaymacfla Posted September 9, 2017 Posted September 9, 2017 Wow! I just got an email today from then with the hot toy list. Wonder how this will play out for us shoppers for the holiday season
freesia39 Posted September 11, 2017 Posted September 11, 2017 Toys R US lost relevance years ago. They failed on many fronts, closed stores and refused to be competitive in their pricing scheme. Sadly, we have seen all too many stores do the same thing and close in the last ten years. Ding ding ding.
Brad Posted September 18, 2017 Posted September 18, 2017 https://consumerist.com/2017/09/18/toys-r-us-expected-to-file-for-bankruptcy-this-week/?utm_source=twitter&utm_medium=socialflow Bankruptcy filing expected this week...
Brad Posted September 19, 2017 Posted September 19, 2017 Filed this morning. Some stores to close, others to become more "interactive spaces" whatever that means... https://www.usatoday.com/story/money/2017/09/19/toys-r-us-bankruptcy-store-closures/680135001/
Kanyon71 Posted September 19, 2017 Posted September 19, 2017 It's odd you read different stories from different places and they don't say the same facts. One I read earlier this morning in the local paper said they aren't shuttering any stores. I think the big issue is they need to lower their prices. I can almost ALWAYS get toys cheaper from many places. 2
Tara3117 Posted September 19, 2017 Posted September 19, 2017 I'm hoping this means better sales, like how Gymboree has better sales and coupons now that they are bankrupt. I do like the idea of an open space with birthday parties, etc. But they honestly aren't my first choice for toy shopping. I'd rather go to Target and get 5% off.
bigjimslade Posted September 19, 2017 Author Posted September 19, 2017 What killed TRU is the tablet. Over the last 5 years or so on GD we have had parents ask the question every year "How young is too young to buy my kid a iphone or tablet." The other thing that killed them was they did not have any special edition toys or brands. WM, Target and others for the last few years have had special edition brands and toys. This did not only target kids but parents who are my age who are wanting to re live our childhood and re collect the toys that our parents gave to Goodwill when we moved out to college. 2
bigjimslade Posted September 19, 2017 Author Posted September 19, 2017 Here is info from corp. https://www.toysrusinc.com/restructuring
berry1014 Posted September 20, 2017 Posted September 20, 2017 We still shop there for Legos for our son as they have a better selection then most other stores and they always have a sale on Legos. Everything else is a hit or miss. Most times I can find better deals at Target or Walmart especially when it gets closer to Christmas. We are just about out of the Toy buying stage for our kids with the exception of board games, video games and right now Legos. Definitely don't spend as much there as we used to when the kids were little.
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