Toys R Us filing for bankruptcy

*CyberCubed* · 09-18-2017, 02:24 PM

https://www.bloomberg.com/news/artic...-soon-as-today

Goodbye, sweet prince.

They're not closing all their stories, but they may be on their way out in the next couple of years.

*Autbot_Benz* · 09-18-2017, 02:36 PM

already a thread in the toy section

http://forums.thetechnodrome.com/showthread.php?t=58680

*Andrew NDB* · 09-18-2017, 02:41 PM

Quote:

Originally Posted by CyberCubed

Goodbye, sweet prince.

OK, now this made me laugh...

*Prowler* · 09-18-2017, 03:33 PM

Their toys are always more expensive than at anywhere else so I can't say I'll miss them.

*IndigoErth* · 09-18-2017, 03:52 PM

It's a shame if they disappear. My Walmart, Target, etc can be pretty lousy with the stock... It's usually been Toys R Us that has come through for me at times and where TMNT stuff is concerned, at least here, the price is barely any different. When I couldn't find the 11" figures from the first movie and they were the last place I checked, I fully expected them to be more expensive but it was the exact same as Walmart.

If they close up, I hope its at least a slow departure and that mine is still around for a while. It's been there since I was a kid, maybe longer.

Would be nice if they still get the last of the TMNT stuff... Lord knows my Walmart and Target can't hardly be trusted to ever get and stock much of it anymore.

*Shark_Blade* · 09-18-2017, 04:37 PM

Toys R Us could go bankrupt before the holidays. Some says by the end of this week.
https://twitter.com/twittermoments/s...70989760180225

*BubblyShell22* · 09-18-2017, 04:46 PM

Such a shame to hear this even though I haven't been there in years.

*Shark_Blade* · 09-18-2017, 05:36 PM

Toys R Us planning to file for bankruptcy as soon as today.
https://www.bloomberg.com/news/artic...-soon-as-today
http://mynintendonews.com/2017/09/18...soon-as-today/

*TheCanadiandrome* · 09-18-2017, 11:19 PM

F*ck! First HMV now them?! F*ck! I'm just wondering if it's not because of eBay and Amazon playing rolls in this

*Shark_Blade* · 09-19-2017, 03:09 AM

Toys R Us has filed for bankruptcy while continuing normal operations.

http://www.latimes.com/business/la-f...919-story.html

A sad day.

*Katie* · 09-19-2017, 06:00 AM

You guys do know that bankruptcy isn't usually the end of a store, right? All that's going to happen is that they will restructure their debt and sell underperforming stores. If they do it right, they will be better off when they emerge.

It may be a good thing for them.

*IndigoErth* · 09-19-2017, 10:48 AM

Was wondering that, though even if they stay around, how many end up lost?

I hope ours is doing okay and remains. (I only go during quieter weekday hours so I'm not sure what peak times look like.) We've only got one store around here (plus a Babies R Us not far from it) and that's it unless you want to go 20+ miles north to PA.

Quote:

Originally Posted by TheCanadiandrome

F*ck! First HMV now them?! F*ck! I'm just wondering if it's not because of eBay and Amazon playing rolls in this

Ironically, Toys R Us themselves does sell some stuff via eBay.

Though prices there seem to be the same as in store, plus shipping if it doesn't qualify for free, so...eh. If I'm hunting eBay I'm looking for better deals than what I saw elsewhere.

Maybe Amazon aught to buy the company. edit: And mine and many others. *sigh*

*sdp* · 09-19-2017, 01:41 PM

I already posted in the other thread but yeah there's different types of bankruptcy, ch.11 the one they filed is to re-structure and renegotiate, many companies can come out well out of this, hell K-Mart is still slowly dying after doing that how long ago but unlike K-Mart TRU is in a better position. Apple, Marvel, GM have all come out of Ch. 11 before.

Babies R Us is what makes TRU their most money and is the one that has been under performing and sadly I don't see it getting much better.

Why should you care if TRU goes down? If you like toys then this will affect you even if you don't buy from TRU. Mattel and Hasbro have most of TRU debt and their stock fell sharply because of it, this clearly affects future plans.

Always loved TRU, I'm a TRU kid, their marketing actually worked.

*BubblyShell22* · 09-19-2017, 03:27 PM

Heard on the news that stores are going to remain open during this process so this is good news thus far.

*Katie* · 09-19-2017, 04:05 PM

The main thing to watch as to whether they will survive or not is how they manage the bankruptcy internally. If they don't slim down and carry on as normal, they are toast.

If they analyze operations, get rid of dead weight stores and get appropriate structure on their debt, they should emerge just fine.

*TheCanadiandrome* · 09-24-2017, 01:02 AM

Quote:

Originally Posted by Katie

The main thing to watch as to whether they will survive or not is how they manage the bankruptcy internally. If they don't slim down and carry on as normal, they are toast.

If they analyze operations, get rid of dead weight stores and get appropriate structure on their debt, they should emerge just fine.

Basically a wait and see and don’t panic yet

Leofan26 · 09-24-2017, 03:08 PM

This is a bummer, me and my family used to shop there for holidays or birthdays, that was when it was less expensive, don't know how much the toys cost now at the place. Yah know, I'm starting to regret the internet being so big as it is now, it shuts down a lot of places these days and gives cable ratings a run for it's money. Shows these days hardly get renuewed due to lack of ratings and marketing with people watching things online, don't get me wrong I use it too LOL I mean Nick and Disney take so dang long to rerun episodes that have just aired, any thing not named SpongeBob or Teen Titan Go but.

It gets worse with streaming, I don't want to pay for that to watch my favorite Disney shows or DC shows, I really wanted to see the Young Justice season three and Titans live action series but if it's only going to on the net and you have to pay for it UGH, I already have Netflix and Hulu on my bill to watch this stuff now your telling me I have to add more to watch things like Star V.S the Forces of evil or the new up coming Big Hero 6 show or other original Disney shows?

*MikeandRaph87* · 02-19-2019, 04:21 PM

https://www.yahoo.com/finance/news/t...133443432.html

*MikeandRaph87* · 11-28-2019, 05:59 AM

Its bank in a small way. So a small group of Toysrus executives folded back to Toyrus being brand. I am not sure how it works but a deal was made with Target to allow an online presence and get a cut of its items bought through Target's website.https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/08/target-is-going-to-power-toys-r-us-new-website.html

In addition to that an interactive single store was opened yesterday outside of Newark, New Jersey in a notable shopping area.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/toys-r-us-makes-its-return-140025200.html

*IndigoErth* · 11-28-2019, 11:46 AM

I came across the tail end of something being mentioned about it. And a second store set to open somewhere?

Hopefully it works out for them, it would be nice to have Toys R Us back. Esp after that Netflix esp about the TMNT and learning that TRU had a big role in us even having them in the first place, making it sadder that they'd closed up.

I wish our old store would just get remodel and reopened by the company. That space was used for a Halloween store, but now it's sitting empty once again.

09-18-2017, 02:24 PM	#1
CyberCubed Overlord Join Date: Dec 2004 Posts: 41,042	Toys R Us filing for bankruptcy https://www.bloomberg.com/news/artic...-soon-as-today Goodbye, sweet prince. They're not closing all their stories, but they may be on their way out in the next couple of years.

09-18-2017, 02:36 PM	#2
Autbot_Benz Hellblazer Join Date: Jun 2014 Location: Ventura California Posts: 8,284	already a thread in the toy section http://forums.thetechnodrome.com/showthread.php?t=58680 __________________ I respect what FW cartoon did for the turtles franchise but it is the most overrated and hard to watch of the 3 turtles cartoons.

09-18-2017, 04:46 PM	#7
BubblyShell22 Leo-holic Join Date: Sep 2007 Location: Indiana Posts: 16,912	Such a shame to hear this even though I haven't been there in years. __________________ "A warrior who never fails, never learns."-The Ancient One. "Embrace your inner a**holiness."-Mr. Anderson.

09-18-2017, 11:19 PM	#9
TheCanadiandrome Big, Bad & Bold Join Date: Apr 2009 Location: Inside the Technodrome; Shredderville; Saskatchewan Posts: 19,618	Fck! First HMV now them?! Fck! I'm just wondering if it's not because of eBay and Amazon playing rolls in this __________________ Add me: PSN/XBL; Nintendo Network ID: BDS-3.1.6; Switch FC: SW-3378-5206-8020 TMNT Fan Club: http://sot.ag/4jZR0 Visit My Wish List: http://forums.thetechnodrome.com/showthread.php?t=30904 My Collection: http://forums.thetechnodrome.com/showthread.php?t=40276

09-19-2017, 06:00 AM	#11
Katie Just...way too serious. Join Date: May 2005 Location: purgatory Posts: 3,519	You guys do know that bankruptcy isn't usually the end of a store, right? All that's going to happen is that they will restructure their debt and sell underperforming stores. If they do it right, they will be better off when they emerge. It may be a good thing for them. __________________ THE WORLD IS JUST AWESOME

09-18-2017, 03:33 PM	#4
Prowler Emperor Join Date: Feb 2009 Location: Portugal Posts: 8,909	Their toys are always more expensive than at anywhere else so I can't say I'll miss them.

09-18-2017, 03:52 PM	#5
IndigoErth Team Blue Boy Join Date: Jun 2014 Location: U.S., East Coast Posts: 15,240	It's a shame if they disappear. My Walmart, Target, etc can be pretty lousy with the stock... It's usually been Toys R Us that has come through for me at times and where TMNT stuff is concerned, at least here, the price is barely any different. When I couldn't find the 11" figures from the first movie and they were the last place I checked, I fully expected them to be more expensive but it was the exact same as Walmart. If they close up, I hope its at least a slow departure and that mine is still around for a while. It's been there since I was a kid, maybe longer. Would be nice if they still get the last of the TMNT stuff... Lord knows my Walmart and Target can't hardly be trusted to ever get and stock much of it anymore.

09-18-2017, 04:37 PM	#6
Shark_Blade Emperor Join Date: Mar 2007 Posts: 7,902	Toys R Us could go bankrupt before the holidays. Some says by the end of this week. https://twitter.com/twittermoments/s...70989760180225

09-18-2017, 05:36 PM	#8
Shark_Blade Emperor Join Date: Mar 2007 Posts: 7,902	Toys R Us planning to file for bankruptcy as soon as today. https://www.bloomberg.com/news/artic...-soon-as-today http://mynintendonews.com/2017/09/18...soon-as-today/

09-19-2017, 03:09 AM	#10
Shark_Blade Emperor Join Date: Mar 2007 Posts: 7,902	Toys R Us has filed for bankruptcy while continuing normal operations. http://www.latimes.com/business/la-f...919-story.html A sad day.

09-19-2017, 01:41 PM	#13
sdp Megan Fox = April Join Date: Feb 2005 Location: Tokio, Italy Posts: 9,999	I already posted in the other thread but yeah there's different types of bankruptcy, ch.11 the one they filed is to re-structure and renegotiate, many companies can come out well out of this, hell K-Mart is still slowly dying after doing that how long ago but unlike K-Mart TRU is in a better position. Apple, Marvel, GM have all come out of Ch. 11 before. Babies R Us is what makes TRU their most money and is the one that has been under performing and sadly I don't see it getting much better. Why should you care if TRU goes down? If you like toys then this will affect you even if you don't buy from TRU. Mattel and Hasbro have most of TRU debt and their stock fell sharply because of it, this clearly affects future plans. Always loved TRU, I'm a TRU kid, their marketing actually worked. __________________ *Bye* *TMNT !!! I'm unaliving tonight* Click to join The Drome Discord server

09-19-2017, 03:27 PM	#14
BubblyShell22 Leo-holic Join Date: Sep 2007 Location: Indiana Posts: 16,912	Heard on the news that stores are going to remain open during this process so this is good news thus far. __________________ "A warrior who never fails, never learns."-The Ancient One. "Embrace your inner a**holiness."-Mr. Anderson.

09-19-2017, 04:05 PM	#15
Katie Just...way too serious. Join Date: May 2005 Location: purgatory Posts: 3,519	The main thing to watch as to whether they will survive or not is how they manage the bankruptcy internally. If they don't slim down and carry on as normal, they are toast. If they analyze operations, get rid of dead weight stores and get appropriate structure on their debt, they should emerge just fine. __________________ THE WORLD IS JUST AWESOME

09-24-2017, 03:08 PM	#17
Leofan26 Mad Scientist Join Date: Apr 2013 Posts: 1,282	This is a bummer, me and my family used to shop there for holidays or birthdays, that was when it was less expensive, don't know how much the toys cost now at the place. Yah know, I'm starting to regret the internet being so big as it is now, it shuts down a lot of places these days and gives cable ratings a run for it's money. Shows these days hardly get renuewed due to lack of ratings and marketing with people watching things online, don't get me wrong I use it too LOL I mean Nick and Disney take so dang long to rerun episodes that have just aired, any thing not named SpongeBob or Teen Titan Go but. It gets worse with streaming, I don't want to pay for that to watch my favorite Disney shows or DC shows, I really wanted to see the Young Justice season three and Titans live action series but if it's only going to on the net and you have to pay for it UGH, I already have Netflix and Hulu on my bill to watch this stuff now your telling me I have to add more to watch things like Star V.S the Forces of evil or the new up coming Big Hero 6 show or other original Disney shows?

02-19-2019, 04:21 PM	#18
MikeandRaph87 Jedi Master Join Date: Dec 2011 Location: JLA Satellite Headquarters Posts: 11,133	https://www.yahoo.com/finance/news/t...133443432.html __________________ Michelangelo: This looks like a job for the Teenage Mutant Ninja Turtles! Raphael: Sheesh, Mikey this ain't a cartoon!

11-28-2019, 05:59 AM	#19
MikeandRaph87 Jedi Master Join Date: Dec 2011 Location: JLA Satellite Headquarters Posts: 11,133	Its bank in a small way. So a small group of Toysrus executives folded back to Toyrus being brand. I am not sure how it works but a deal was made with Target to allow an online presence and get a cut of its items bought through Target's website.https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/08/target-is-going-to-power-toys-r-us-new-website.html In addition to that an interactive single store was opened yesterday outside of Newark, New Jersey in a notable shopping area. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/toys-r-us-makes-its-return-140025200.html

11-28-2019, 11:46 AM	#20
IndigoErth Team Blue Boy Join Date: Jun 2014 Location: U.S., East Coast Posts: 15,240	I came across the tail end of something being mentioned about it. And a second store set to open somewhere? Hopefully it works out for them, it would be nice to have Toys R Us back. Esp after that Netflix esp about the TMNT and learning that TRU had a big role in us even having them in the first place, making it sadder that they'd closed up. I wish our old store would just get remodel and reopened by the company. That space was used for a Halloween store, but now it's sitting empty once again.