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Anybody else see that ToysRus just filed for bankruptcy ?

Another long time high street retailer gone. Unless they can find a buyer.
Picklebobble2
56-60, M
26 replies 35 views Sep 19, 2017
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SW-User
It's hardly surprising, it's really hard to compete with online retailers and the fact kids these days get smartphones early on, for entertainment.
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SW-User
@BurstMe95 I'd imagine something along the lines of what happens during black friday, black market of goods exclusively owned by certain individuals and so on...nothing good :(
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SW-User
@BurstMe95 That's what is likely to happen, which I really can't condone, at this point.
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SimplyTracie 路 26-30, F
I never cared for that store. That's that last place I'd go to when looking for children's gifts.
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SW-User
Amazon owns everyone
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Picklebobble2 路 56-60, M
@SW-User 馃槨
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SirDurpsAlot
Not many companies last the test of time tbh - especially not since the cyber markets boomed and many took their business to retail with lower makeup prices
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SW-User
I read it was chapter 11 protection in the US and that the UK was ok.
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Picklebobble2 路 56-60, M
@SW-User 64,000 employees; $3BN in 'financing' doesn't sound good.
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nedkelly 路 61-69, M
@Picklebobble2 Maybe the US government will bail them out like they did for General Motors in 2009
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Picklebobble2 路 56-60, M
@nedkelly The day Amazon start selling cars cheaper than GM.....that'll be GM gone too !
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nedkelly 路 61-69, M
I am not sure if they will fold, more than likely shop down many stores that are under-performing and lay off 1000's of staff
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SW-User
I shopped there a total of two times when the kids were small, they were always more expensive than anywhere else.
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SW-User
No surprise there.
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TheOneyouwerewarnedabout 路 41-45, MVIP
Amazon
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Picklebobble2 路 56-60, M
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InOtterWords 路 F
It's not UK
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