Is that really you Wobble?
You silver haired devil you.
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WHO'LL SAVE THE TOYS
- Thread starter Son of Wobble
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You silver haired devil you.
I absolutely CANNOT believe that Toys R Us can go out of business. Where the hell are you supposed to take kids?
Library. Museum. Playground. Woods or other natural environment (or park, if stuck in a city.) Swimming, sailing, skiing, snowshoeing. There's more to childhood than bits of molded plastic, though that does bring to mind another destination - Makerspace (or local equivalent, if any.)
Still, suitable preparation for a life of slavering over plastic pick guards and pickup covers....
I have seen men's dreams and they are made, largely, of plastic....
Well...I would imagine most of the people participating in this thread live in the "first world," so...
When I was raising my great-niece, I would take her to Target and other stores that sold toys, but there was something extra special about walking into a place that's wall-to-wall toys. It would be nice if every kid could have that experience at least once.
Losing Toys "R" Us is hardly earth-shattering, but I'll miss the place.
Being able to make my kids happy is my prime motivator in life. Walking into a TRU is probably one of the few things that transcends age differences and was a piece of my childhood and my daughters childhood I’ll be very sad not to be able to share with my son. It’s kind of a right of passage for us first world inhabitants
I have practically infinite faith in the ability of toy manufacturers to keep pumping out weird crap and classic board and other games as needed. And Barbie. Barbie would survive a nuclear attack.
Yes Toy's R Us had exclusive lines by companies that were available no where else...
No worries about the potential loss of toys. Look for them on Amazon as a Chinese product under a Chinese brand name.
Back in the 70’s the bulk of the world’s consumer electronics were made in America, these days i’d be pressed to name an American company manufacturing consumer electronics in the US, but those goods are everywhere. If there is enough demand they will continue to be made.
Back in the 70’s the bulk of the world’s consumer electronics were made in America, these days i’d be pressed to name an American company manufacturing consumer electronics in the US, but those goods are everywhere. If there is enough demand they will continue to be made.
Speculation was some stores were closing. Apparently it's every single one if this story is true.....
Toys 'R' Us will close or sell all US stores
-Mike
Toys 'R' Us will close or sell all US stores
-Mike
Kids hardly play with toys these days. I have found that the kids in my neighborhood play in two ways....
1) Electronics
2) Outdoor games - kickball, frisbee, hide and seek, riding bikes, etc.
My children are also reeeeeeeally into DIY crafts and art.
The money we have spent on toys (with the exception of stuffed animals) has been thrown down the toilet. My girls are 6 and almost 9. They each have really nice doll houses in their rooms. No interest whatsoever. They have both received tons of great toys over the years and most are donated within months.
I honestly think that the "toy market" in general will continue to shrink as electronics assume more and more of children's play time. There are a couple of exceptions such as Star Wars themed toys that instantly have "collector" status. But, for the most part, the dozen or so kids in my neighborhood don't play with toys as much. They like kid versions of sports, interactive games (like "putting on plays" or "fashion shows" or "singing competitions") or crafts and making slime. I'm actually OK with this. They are more social activities and more creative (when electronics aren't involved anyway).
1) Electronics
2) Outdoor games - kickball, frisbee, hide and seek, riding bikes, etc.
My children are also reeeeeeeally into DIY crafts and art.
The money we have spent on toys (with the exception of stuffed animals) has been thrown down the toilet. My girls are 6 and almost 9. They each have really nice doll houses in their rooms. No interest whatsoever. They have both received tons of great toys over the years and most are donated within months.
I honestly think that the "toy market" in general will continue to shrink as electronics assume more and more of children's play time. There are a couple of exceptions such as Star Wars themed toys that instantly have "collector" status. But, for the most part, the dozen or so kids in my neighborhood don't play with toys as much. They like kid versions of sports, interactive games (like "putting on plays" or "fashion shows" or "singing competitions") or crafts and making slime. I'm actually OK with this. They are more social activities and more creative (when electronics aren't involved anyway).
buldog5151bass
Kibble, milkbones, and P Basses. And redheads.
Not sure if I agree. With board games, Hot Wheels, legos etc., kids tended to play in groups. Now it seems their activities are run by adults (such as organized sports), or their "playing with others"means on line. For the most part, the days of children gathering at someone's house or sandlot after school and on weekends until dark are over. This is coming from the father of a college student, so I observed firsthand.
This article from Bloomberg puts the demise of TRU squarely on the shoulders of Bain Capital, who choked the company with debt such that they had little cash for operations.
Invalid Link Removed
Invalid Link Removed
Truth-in-labeling laws would have them spelled "Bane" rather than "Bain" if they applied, which unfortunately, they don't.
The article notes s number of factors, including the leveraged buy out and subsequent heavy debt load....
I just read an article about the collapse and discovered an interesting detail. The company was bought out by a few investment firms, among them Bain Capital. Now I understand what happened. They did the same thing to KB-Toys.
What they do is they buy your company, then immediately transfer all the debt of the purchase to your bank sheets in the form of a loan. Now the purchase has cost them nothing, and they can write off the loan in their taxes. When the company inventively fails because of its massive debts, they sell off the parts for more profit. Bankruptcy courts eat the debt. They purposefully run a company into the ground so they can pick over its carcass.
Toys R Us was in trouble before the purchase, but this was a can of gas on a soldering fire. While parents like shopping online, what does it offer kids? Nothing. They want the experience of going to a place and being overwhelmed by it. They want the rush of picking through stuff. They want the reward of going because they know they are getting something. Hitting a button online doesn't do that. TRU could have found a model for their business, but investors tied an anchor around their neck just to watch them drown.
What they do is they buy your company, then immediately transfer all the debt of the purchase to your bank sheets in the form of a loan. Now the purchase has cost them nothing, and they can write off the loan in their taxes. When the company inventively fails because of its massive debts, they sell off the parts for more profit. Bankruptcy courts eat the debt. They purposefully run a company into the ground so they can pick over its carcass.
Toys R Us was in trouble before the purchase, but this was a can of gas on a soldering fire. While parents like shopping online, what does it offer kids? Nothing. They want the experience of going to a place and being overwhelmed by it. They want the rush of picking through stuff. They want the reward of going because they know they are getting something. Hitting a button online doesn't do that. TRU could have found a model for their business, but investors tied an anchor around their neck just to watch them drown.
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