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Author Topic: Toys R Us Liquidation - The Impact  (Read 921 times)

Nicklab

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Re: Toys R Us Liquidation - The Impact
« Reply #5 on: March 20, 2018, 07:49:59 AM »
Just reposting this from my visit to the Secaucus TRU.  This is what one of the clerks had to say:

-LIQUIDATION SALES BEGIN THURSDAY, MARCH 22nd

-LIQUIDATION SALES WILL CONTINUE UNTIL STOCK IS SOLD OUT, OR MAY 15th  (WHICHEVER COMES FIRST)


I also asked about this 200 stores remaining scenario.  She seemed to think that it was just going to be stores in Canada.  But really, can there even BE 200 TRU stores in Canada?
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Gregorbian

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Re: Toys R Us Liquidation - The Impact
« Reply #4 on: March 19, 2018, 10:47:30 AM »
Quote from: Nicklab on March 18, 2018, 06:54:41 AM
What does this all mean to us all?  I'm interested in hearing people's thoughts.

Pretty sad news.  My wife and I just had a son in December and I was looking forward to taking him to TRU when he was a bit older. 

I'm not too surprised by the news though.  TRU's web site was terrible and I'm not surprised they couldn't compete with Amazon's and Walmart's prices.  Still, I appreciated that they were trying to cater to collectors, especially in recent years. 
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Nicklab

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Re: Toys R Us Liquidation - The Impact
« Reply #3 on: March 19, 2018, 05:20:19 AM »
Toys R Us in Canada is affiliated with Toys R Us in name, but their corporate ownership is different.  I believe the company that owns TRU Canada is called Top Toy.  They're going to be unaffected by the liquidation.

The rumor that I have seen circulating is that Toys R Us will go through with the liquidation, but they want to retain 200 locations.  The general theme seems to be that those 200 locations are the top sales locations for the chain.  And that might give TRU a chance to rebuild the business. 

But now with the news that the company that bought the KB Toys brand is preparing to re-launch that chain?  The retail landscape might not be as bleak as things were looking.
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Matthew

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Re: Toys R Us Liquidation - The Impact
« Reply #2 on: March 18, 2018, 11:25:55 AM »

Would the locations that stay open be the ones up near Canada?
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Nicklab

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Toys R Us Liquidation - The Impact
« Reply #1 on: March 18, 2018, 06:54:41 AM »
I think a lot of collectors like ourselves are trying to process how things will be as Toys R Us prepares to liquidate the chain.

There are rumors that the entire chain might not go away.  There are currently around 800 locations.  One scenario might allow for the brand to live on, but in a smaller 200 outlet model.

Or TRU could truly go away, just as KayBee toys did when they ceased operations in 2009.

What does this all mean to us all?  I'm interested in hearing people's thoughts.
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