Toys 'R' Us, Back From the Dead, Will Open U.S. Stores in 2019

[Clash City Rocker]

https://www.bloomberg.com/news/articles/2019-06-21/toys-r-us-back-from-the-dead-will-open-u-s-stores-in-2019

Apparently the new stores will be smaller, with a different layout. Good luck to them.

[CaliforniaPeggy]

1. I am glad to hear this! Good luck to them, yes indeed. n/t

[Codeine]

2. Doubling down on failure seems like a winning plan. nt

[Gidney N Cloyd]

3. As long as there are kids, there'll be a market for toys and brick & mortar toy stores.

[Karadeniz]

4. Good for them! Didn't Romney's bain capital have something to do with their closing?

[dlk]

6. Yes, the Vulture Capitalists Did Their Usual Routine-Run Up the Debts & Strip Out the Assets

Romney is a monster, his benign manor and seemingly respectable mein is just a cover for who he really is. He would steal the last morsel of food off a homeless persons plate if he thought he could make a buck from it.

[Raine]

5. I'm glad to hear this good news

I hope they're successful.

[Freethinker65]

7. Yeah. That new close out shell of its former self Sears lasted barely months after downsizing.

[PoindexterOglethorpe]

8. Oh, my. I hope they succeed.

I no longer have little kids and no grandkids, but back in the day I really did like ToysRUs.

Oh, and my somewhat dirty little secret was this: From a very early age I'd take my son (and later my second son) into a toy store and wander around, let him touch and play with toys. Then we'd leave without buying anything. It accomplished two things. One was that I learned what he really liked, so I'd know what to get him for Christmas or his birthday. The other was that he did not expect to get a toy every time we went into a toy store.

Win win.

[Xolodno]

9. As was reported all along....

...Toys R Us needed to reinvent themselves...but couldn't because capital companies such as Bain stripped them of all their cash and forced them to leverage heavily....all the while promising they would fix the company.

Obviously they were still viable company if they are relaunching. The corporate raiders of the 80's only reinvented themselves....

[lpbk2713]

10. I wish them all the best.

Toys r Us and Make a Wish Foundation gave my grandson a special day.

[JI7]

11. toys r us stores were looking like just like Sears

they need to make the stores like apple stores . and it would be easy to do since it's a toy store . they have to make it so people enjoy coming in to look even if they aren't planning to buy anything.

not like half empty , unorganized warehouses with bad lighting as it did in the past few years. that's how sears looked also . and even when they had more inventory it just looked like they stuffed it up everywhere .

[wyldwolf]

12. I'm an action figure collector and, quite honestly, TRU was never a good source

Here's the problems as I saw them:

1. They had a 'no limit' policy, meaning they allowed anyone to buy every piece of a product on the shelves - at one time. Even on stock days Ebayers would swoop in and buy every new toy before the boxes were even opened by the stocker.

2. Lousy distribution - at least in the southeast. One manager told me in an Atlanta location the distributor for the region would often make substitutions on orders and not bring the stores the hottest new items.

3. Higher prices. Even Target has/had better prices on the newest items.

4. Dingy, unorganized stores.

The rise of independent online toy stores where regular joes like us can buy direct from the manufacturer (Mattel, Kenner, etc.) and resell was a reaction to TRU's fall, not the cause. (Though Amazon hastened their decline.)