There is a Macy's literally about 100 yards away from my house in a mall. They know nothing about Toys R Us having any sort of section in their store and they are one of the bigger ones in New York. Toys R Us is not hiring anyone for these departments. So I call BS on the whole thing. You are almost at the end of September and there is nothing in place for Christmas...time has run out already. Nobody is gonna care if they decide to do this next year. Sad, but JUST toy stores are done. Online seems to be the way to go unfortunately. Hopefully the place that anyone orders from actually have people that care about getting stuff to people in one piece. If not, then there are gonna be a lot of unhappy collectors.
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Toys R Us is returning in 2022 through Macy's stores.
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That's an interesting article, but truthfully not very informative. Not trying to be argumentative, BTW.
But that is sadly as so many articles were, too focused on "Amazon" and "Toys don't sell" and not enough on the reality of what drove TRU out of business, Amazon and other failures to adapt hurt TRU for sure, but never came close to driving them out of business. Bain Capital and the other venture capitalists who were intentionally sabotaging the company is what killed TRU. It's what they do, it's how they make money.
A much better article here explains this: https://theweek.com/articles/761124/...sts-ate-toys-r
TRU has $11 billion in sales in 2017... But they were paying obscene amounts of interest because of the way the venture capitalists had things set up. Essentially the scheme is to buy a fledgling company, saddle it with debt and then make loans to that company with absurd interest rates that force them to pay YOU back for buying them. You then never invest back into the company (because your ultimate goal is to milk them dry and run them out of business) and that's what happened with TRU.Comment
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