ToysRUs UK & US bankruptcy & closure

[SMHFConvoy]

Stores inside a westfield or large shopping centre would be quickly filled. Stand alone stores would more likely remain vacant for a while... as in America, as most TRU stores were free standing... probably to be more visible to passing traffic.

Toymate is opening this weekend at the old Bankstown TRU location.

[griffin]

The closure of ToysRUs in several countries is being noted as a factor in the 12% hit to Hasbro's revenue for the last quarter... but they also noted that the absence of a June/July Transformers Movie this year left a hole in this year's sales during that period compared to last year.

[griffin]

Looks like the curse of ToysRUs in 2018 has hit another region, with the Nordic branch of ToysRUs heading into bankruptcy.

It's actually the parent company that has the license for ToysRUs in Scandinavia that is having financial trouble, but a poor Christmas season at their toy stores was the last straw.

[griffin]

Looks like the return of TRU in America will start off with two stores (in Texas & New Jersey), and a website that partners with Target. It sounds like Target could be providing back-bone systems until the new TRU is completely up and running (the Christmas period is the biggest sale period for toystores, so this was probably the only way they could get started up in time for this year's Christmas).