Poll of the Day > I went to Toys R Us today as they had a big "Blow-out sale" banner.

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Viking_Mudcrap
04/10/18 3:14:58 PM
#1:


Even with their "sale" and "liquidation" discounts (5% to 10%) it was still cheaper on Amazon and other online retailers.

No wonder they are going out of business.

Why would I waste time and money to pay MORE for something when I can order online for cheaper?

Hell, even Wamart was still cheaper, so if you need it on the spot, Walmart is there.
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helIy
04/10/18 3:18:04 PM
#2:


the one around here is actually hiring

i dont understand why

we went there when they first started the sale, and then went back today and they have now hiring signs up
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rjsilverthorn
04/10/18 3:23:21 PM
#3:


helIy posted...
the one around here is actually hiring

i dont understand why

we went there when they first started the sale, and then went back today and they have now hiring signs up

I saw an article after the bankruptcy was first announced that mentioned the CEO of a toy company and a group of investors were looking to try and save about 400 of the US stores, but I haven't seen anything since then to indicate that was going forward.
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Mead
04/10/18 3:23:37 PM
#4:


I dont understand how pet stores are still in business. Everything they sell is at least twice as expensive as it is on amazon, some of it is 3-4 times the price
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Viking_Mudcrap
04/10/18 3:29:05 PM
#5:


rjsilverthorn posted...
helIy posted...
the one around here is actually hiring

i dont understand why

we went there when they first started the sale, and then went back today and they have now hiring signs up

I saw an article after the bankruptcy was first announced that mentioned the CEO of a toy company and a group of investors were looking to try and save about 400 of the US stores, but I haven't seen anything since then to indicate that was going forward.


lmao

https://www.gofundme.com/helpsavetoysrus
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argonautweakend
04/10/18 3:32:55 PM
#6:


$200,000,000
Isaac Larian & Affiliated Investors
19 days ago (Offline Donation)

...................................................
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Wii3Kings
04/10/18 3:34:05 PM
#7:


Mead posted...
I dont understand how pet stores are still in business. Everything they sell is at least twice as expensive as it is on amazon, some of it is 3-4 times the price

I don't buy live fish/birds on Amazon. Plus some things are very similarly priced, at least when they have sales going on.
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Viking_Mudcrap
04/10/18 3:36:19 PM
#8:


Wii3Kings posted...
Mead posted...
I dont understand how pet stores are still in business. Everything they sell is at least twice as expensive as it is on amazon, some of it is 3-4 times the price

I don't buy live fish/birds on Amazon. .


why not?
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Mead
04/10/18 4:36:15 PM
#9:


Wii3Kings posted...
Mead posted...
I dont understand how pet stores are still in business. Everything they sell is at least twice as expensive as it is on amazon, some of it is 3-4 times the price

I don't buy live fish/birds on Amazon. Plus some things are very similarly priced, at least when they have sales going on.


Dude you can get fish and birds for free outside
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LOLIAmAnAlt
04/10/18 5:05:19 PM
#10:


They are dying because of a bad interest debacle, not becasue of their prices.
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BlackScythe0
04/10/18 6:43:02 PM
#11:


Toys R Us is going out of business because of a leveraged buy out. A thing that sounds so hilariously illegal you'll think it's a joke until you remember you live in the US. Thanks to Bain Capital, KKR, and Vornado they got saddled with 6 billion in debt. Then after a decade or so Bain decided they wanted to ditch the property and sent in the current CEO to destroy the company while maximizing their profit from the scenario.

Prices weren't the major player, Amazon and Walmart would sell practically at cost to hurt them but don't take responsibility away from where it belongs.
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magemaximus
04/10/18 7:08:17 PM
#12:


been to toys r us once back in the 90s when i was a kid. my dad bought me a go kart. i wanted one of those electric cars that moved all slow. but looking back at it, i'm glad i got the go kart. it moved a lot faster and it worked out my legs. i don't know if that was my dads intention (a way to help me stay in shape) when he bought me it, but it worked.
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Revelation34
04/10/18 7:09:40 PM
#13:


BlackScythe0 posted...
Toys R Us is going out of business because of a leveraged buy out. A thing that sounds so hilariously illegal you'll think it's a joke until you remember you live in the US. Thanks to Bain Capital, KKR, and Vornado they got saddled with 6 billion in debt. Then after a decade or so Bain decided they wanted to ditch the property and sent in the current CEO to destroy the company while maximizing their profit from the scenario.

Prices weren't the major player, Amazon and Walmart would sell practically at cost to hurt them but don't take responsibility away from where it belongs.


Oh yes they definitely were. If people actually bought from them then there would have never been issues.
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kukukupo
04/10/18 7:54:36 PM
#14:


Viking_Mudcrap posted...
Even with their "sale" and "liquidation" discounts (5% to 10%) it was still cheaper on Amazon and other online retailers.

No wonder they are going out of business.

Why would I waste time and money to pay MORE for something when I can order online for cheaper?

Hell, even Wamart was still cheaper, so if you need it on the spot, Walmart is there.


The prices have nothing to do with them going out of business.

They were bought by a private equity firm who basically borrowed all the money to buy them and overpaid. Prior to being sold, Toys-R-us was profitable and making money.
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SinisterSlay
04/10/18 8:00:38 PM
#15:


If its the same company that helped sears go out of business, then they will raise the prices. The final sales on the day they close the door, will be about 10% cheaper than they were a week before the going out of business sale started.
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Veedrock-
04/10/18 8:16:27 PM
#16:


Viking_Mudcrap posted...
Why would I waste time

You'll spend more time on Amazon, even before you factor shipping time.
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helIy
04/10/18 8:25:27 PM
#17:


argonautweakend posted...
$200,000,000
Isaac Larian & Affiliated Investors
19 days ago (Offline Donation)

...................................................

lmao

isaac larian is a billionaire and ceo of mga entertainment, which is the worlds largest privately owned toy company
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StarKnight23
04/10/18 8:25:59 PM
#18:


They don't start with 70/80 % off, they still want to make some money.

Of course by the time they get to those prices all the good stuff is gone
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wwinterj25
04/10/18 9:25:59 PM
#19:


Well at least they are selling things. Grainger games closed all it's stores in the UK, I had a pre order for Far Cry 5 with them before that and they didn't send it out or even refund me so I had to go through the bank to get my cash back. I feel bad for those who had more expensive items on order with them.
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WarGreymon77
04/11/18 12:41:37 AM
#20:


Why isn't everything 90% off? Why do they need to turn a profit at all? They're not going to exist anymore.
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wwinterj25
04/11/18 7:41:38 AM
#21:


WarGreymon77 posted...
Why isn't everything 90% off? Why do they need to turn a profit at all? They're not going to exist anymore.

Pay off debts.
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Viking_Mudcrap
04/11/18 9:20:09 AM
#22:


Veedrock- posted...
Viking_Mudcrap posted...
Why would I waste time

You'll spend more time on Amazon, even before you factor shipping time.


How so?

Like, please explain to me. I am curious to hear this nonsense.
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Black_Crusher
04/11/18 11:13:31 AM
#23:


Viking_Mudcrap posted...
Even with their "sale" and "liquidation" discounts (5% to 10%) it was still cheaper on Amazon and other online retailers.

No wonder they are going out of business.

Why would I waste time and money to pay MORE for something when I can order online for cheaper?

Hell, even Wamart was still cheaper, so if you need it on the spot, Walmart is there.

My wife and I went into a Babies R Us last week and saw the same thing. It was something like $37 for a 3 pack of onesies after the "sale". I openly said if you want to make money and get rid of this stuff make everything 50% off.

They'll probably end up selling most of their stock for pennies on the dollar after the doors close now.
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BlackScythe0
04/11/18 5:27:48 PM
#24:


wwinterj25 posted...
WarGreymon77 posted...
Why isn't everything 90% off? Why do they need to turn a profit at all? They're not going to exist anymore.

Pay off debts.


Bain Capital and their boy toy want to maximize returns.
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argonautweakend
04/11/18 10:38:54 PM
#25:


reminds me of circuit city

when the discounts got good enough to actually get a deal, all the good shit was gone.
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Revelation34
04/11/18 10:59:02 PM
#26:


argonautweakend posted...
reminds me of circuit city

when the discounts got good enough to actually get a deal, all the good shit was gone.


That reminds me of that one video game sale. I think they were trying to clear their stock entirely. Got so many good games for $5 each.
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Zeus
04/11/18 11:44:57 PM
#27:


I'm not bothering just yet since I had heard they weren't starting big.

helIy posted...
the one around here is actually hiring

i dont understand why

we went there when they first started the sale, and then went back today and they have now hiring signs up


Still need somebody to man the stores while it's clearing out.

BlackScythe0 posted...
Toys R Us is going out of business because of a leveraged buy out. A thing that sounds so hilariously illegal you'll think it's a joke until you remember you live in the US. Thanks to Bain Capital, KKR, and Vornado they got saddled with 6 billion in debt. Then after a decade or so Bain decided they wanted to ditch the property and sent in the current CEO to destroy the company while maximizing their profit from the scenario.

Prices weren't the major player, Amazon and Walmart would sell practically at cost to hurt them but don't take responsibility away from where it belongs.


...even before they were bought out, the company was still doing poorly.

argonautweakend posted...
reminds me of circuit city

when the discounts got good enough to actually get a deal, all the good shit was gone.


I bought 2 copies of Pokemon Emerald at $10 apiece, among other things. I think I did alright. I also got one of the Mystery Dungeons for $15 or $20, which was less spectacular.

Actually, I still have one copy of Emerald shrinkwapped. Imagine I could get a half-decent price for it these days.
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Viking_Mudcrap
04/12/18 9:31:05 AM
#28:


BlackScythe0 posted...
Toys R Us is going out of business because of a leveraged buy out. A thing that sounds so hilariously illegal you'll think it's a joke until you remember you live in the US. Thanks to Bain Capital, KKR, and Vornado they got saddled with 6 billion in debt. Then after a decade or so Bain decided they wanted to ditch the property and sent in the current CEO to destroy the company while maximizing their profit from the scenario.

Prices weren't the major player, Amazon and Walmart would sell practically at cost to hurt them but don't take responsibility away from where it belongs.


Please don't ever go into business if you really think that the prices weren't a "major" player.
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Revelation34
04/12/18 4:46:06 PM
#29:


Viking_Mudcrap posted...
Please don't ever go into business if you really think that the prices weren't a "major" player.


Wouldn't it be better if he did go in business? He can learn the hard way.
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AllstarSniper32
04/12/18 6:01:03 PM
#30:


Viking_Mudcrap posted...
lmao

https://www.gofundme.com/helpsavetoysrus

That's....terrible. 1 Billion? And their rewards suck.
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