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03-15-2018, 12:02 AM | #351 |
B and H Comics
Join Date: Jan 2010
Location: Texas
Posts: 2,579
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Quote:
Also the chance of one store remaining open leaves the brand intact and the possibility to expand once again. Last edited by B and H Comics; 03-15-2018 at 12:06 AM.. |
03-15-2018, 12:28 AM | #352 |
Crimson Guard
Join Date: Sep 2008
Location: WA State
Posts: 348
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Quote:
According to those articles, they're closing their stores, but will attempt to sell a percentage of them to new ownership if there are buyers willing to take them on. If none are, then yeah...shit's done.
But realistically, if someone can acquire 200 or so of the stores without incurring TRU's debt along with it...I can't imagine someone not jumping at that. But I'm not even going to try and comprehend the logistics of that kind of a deal...I'm more clinging to (probably very false) hope that TRU will somehow magically survive in some form. :( |
03-15-2018, 01:06 AM | #353 |
Cobra Pimp and Hustler
Join Date: Mar 2012
Location: Springfield
Posts: 6,139
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It seems that a company called MGA Entertainment is planning to bid on Toys R Us Canada, as well as up to 400 of U.S. TRU stores: https://www.bloomberg.com/news/artic...ys-r-us-canada
Who knows if this will go anywhere, but let's hope for the best.
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03-15-2018, 01:43 AM | #354 |
The Wish Master
Join Date: Mar 2009
Location: SoCal
Posts: 30,970
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Does this mean I have to move to Canada to get my TRU fix ?
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03-15-2018, 03:05 AM | #355 |
Crimson Guard
Join Date: Dec 2017
Location: Parts Unknown
Posts: 1,035
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After TLJ sank Toys R Us it is better to let it drown, then later revive the living tissue. The silver lining may be that what is left is more nimble and able to service the customers better rather than be burdened with scores of SW pegwarmers/ship sinkers from 2015 and even more dead weight from TLJ. I think the stores over here in Parts Unknown are safe, but we shall see!
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03-15-2018, 06:08 AM | #356 |
Commando
Join Date: Sep 2015
Location: Italy
Posts: 426
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I heard the news today. Sad thing. I felt the same feeling here in Italy when many shops of my childhood closed. Moreover, there is talk of thirty-three thousand jobs in danger...
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03-15-2018, 10:02 AM | #357 |
I just want foam gliders.
Join Date: Sep 2007
Location: Tooele (two-willa), Utah
Posts: 18,727
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Remember that "food drive for employees" photo from the Walmart employee lounge that got leaked? The Walton family is raking in millions and the little people have to beg for scraps.
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03-15-2018, 10:38 AM | #358 |
Sith/Jedi Hybrid
Join Date: Feb 2009
Location: Middle TN
Posts: 3,197
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This is BS. If the "little people" who work there feel like they are getting a raw deal, they can look for employment elsewhere. And what does this have to do with TRU going out of business?
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03-15-2018, 10:57 AM | #359 |
Hisstank.Com General
Join Date: Jun 2012
Location: Cobra Island & Massachusetts
Posts: 6,378
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It's called cause and effect. Wal-Mart I believe is the single largest employer in the United States. So if they're paying and treating their employees poorly I.E lack of benefits, Healthcare, paid time off Etc. to keep the prices low to undercut everyone else I would say it directly affects what's happening with Toys R Us. I won't get into the economics of why people have to work there or if they choose to work there or not as this isn't the time nor place. But saying they can just find employment elsewhere comes across as pretty ignorant.
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03-15-2018, 11:34 AM | #360 |
I just want foam gliders.
Join Date: Sep 2007
Location: Tooele (two-willa), Utah
Posts: 18,727
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Not that many "living wage" jobs out there, my friend. Everyone who has them and aren't giving them up, even those that need to retire are staying a little longer.
Hell, I was laid off in 2016 after working for 15 years... and even with my 25 years of inventory management and supervisory training I was only able to find a job making 12K less than before. $12,000 less. Trust me, I went everywhere, tried everything. The Utah job market sucks. The only jobs out these are entry level because the upper positions are taken and those people aren't leaving. There's no where to get promoted to because the jobs are filled. It has everything to do with TRU going out of business. 30,000 people now have to find work. A very noticeable percentage of those may tax the unemployment circuit, and we all pay for that.
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