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03-12-2018, 11:16 PM | #281 |
Decorated Joe Sergeant
Join Date: Dec 2008
Location: Silver Spring/Colesville, Columbia, Towson, White Marsh & Baltimore, MD
Posts: 3,218
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Just heard SEARS, Macy's and JC Penney's may be closing their doors as soon as Christmas/New Years this year. So much for shopping malls too I guess.
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My wishlist: G.I. Joe IDW Comic Series - Chameleon I & II, Aisha, Bankshot, Downtown, Hashtag, Shareware, Boomer, Hammerdown, Skelton, Lab Rat, Chimera, Watcher, Topside, Phoenix Guard (Friday, Halo, Snake-Eater, Mech, High Tide, General Ray), Heart-Wrencher, Ophelia, Sergeant Craig, Junko Akita, Raven, Red Scream, Firewall, 50th Anniversary Classic Roadblock, Pale Peony, Dela Eden, Copperback. Transformers: IDW Voyager Class-Rodimus Leader Class-Optimus Prime, Titan Class Omega Supreme. Last edited by blackman2005; 03-12-2018 at 11:22 PM.. Reason: grammer check |
03-12-2018, 11:38 PM | #282 |
Cobra Pimp and Hustler
Join Date: Mar 2012
Location: Springfield
Posts: 6,139
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No shit? I mean, everybody knew it was just a matter of time for all of them, but the reality is still jarring.
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03-12-2018, 11:38 PM | #283 |
A Makeupless Clown
Join Date: Sep 2015
Location: Ohio
Posts: 5,272
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There is going to be a lot of real estate opening up. I foresee a wave of rezoning from commercial to residential in a lot of places within the next 5-10 years.
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03-13-2018, 12:02 AM | #284 |
Crimson Guard
Join Date: May 2015
Location: CT
Posts: 2,052
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Quote:
Seems like the only type of malls immune from this are the outlet malls. Like Toys R US - Malls were a big part of the childhoods and teenage years of those of us who grew up in the 80s/90s. I guess the only constant is change. |
03-13-2018, 10:00 AM | #285 |
Crimson Guard
Join Date: Nov 2007
Posts: 2,464
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Quote:
Incompetence, once again, was not behind TRU's failure; that would be saying that their downfall was not on purpose, but it most assuredly was. TRU's business, despite any issues they may have had, was nonetheless totally sustainable until they were bought out, picked clean, and laden with massive debt by Bain Capital, who previously had done the same thing to KB Toys. It's a disgusting, predatory practice that ultimately affects thousands of people.
Quote:
The shareholders overwhelmingly agreed to the buyout. Their stock had been tanking long before the buyout took place.
They went private. It costs money to buy out the shareholders to go private. If it was a very healthy company at the time, the shareholders would not have agreed to be bought out. They would've demanded a higher asking price than anyone would've been able to pay. It is absolutely, totally, completely absurd and ignorant to suggest TRU went under "on purpose." It would've been very easy to go under on purpose. Just put up a going out of business sign and close the doors on day one. The investors made a miscalculation that the business would be profitable enough to pay off the debt it took to buy out the shareholders. It didn't happen. And now everyone can clearly see the fundamentals of the business are weak, hence why it can't find any new buyers. Businesses miscalculate things all the time. It doesn't mean anything nefarious happened. Spare us the financial ignorance and the inflamed Bernie Sanders-esque rhetoric. Last edited by Ozymandias13; 03-13-2018 at 10:06 AM.. |
03-13-2018, 10:03 AM | #286 |
Sith/Jedi Hybrid
Join Date: Feb 2009
Location: Middle TN
Posts: 3,197
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This is not news. This is the same possibility that has existed for the last several years. There have been no new announcements. That being said, it's just a matter of time before all three of these are gone. Might be this year; might be 5 years down the road.
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03-13-2018, 10:46 AM | #287 |
o-ring or nothing
Join Date: Jul 2009
Location: In the 1980's
Posts: 5,697
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Where the hell am I supposed to try on pants then?!
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03-13-2018, 11:02 AM | #288 |
I just want foam gliders.
Join Date: Sep 2007
Location: Tooele (two-willa), Utah
Posts: 18,727
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I realize this sucks, but I do not want to see any more personal insults and name calling... it's just pointless. So cool it.
We're all financial experts when we're online, we're all brain surgeons, rocket scientists, Harvard professors and engineers online. Yes, we're all amazed at the expertise of everyone here. So much so that my panties drop when you guys drop your expert knowledge on us. Really, panties drop, guys... :rollseyes:
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03-13-2018, 11:04 AM | #289 |
A Makeupless Clown
Join Date: Sep 2015
Location: Ohio
Posts: 5,272
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Pics or it didn't happen.
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03-13-2018, 11:08 AM | #290 |
I just want foam gliders.
Join Date: Sep 2007
Location: Tooele (two-willa), Utah
Posts: 18,727
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......
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