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  #91  
Old 21st May 2018, 09:45 PM
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Penetrator Penetrator is offline
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maybe toys as a stand alone store is just not profitable enough.

how many have we seen before that no longer a nationwide store?


uncle pete's, toy world, world 4 kids, now toys r us....

that just leaves toy mate left


but honestly, i think 80% of us buy online at least 80% of the time.
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  #92  
Old 21st May 2018, 10:08 PM
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BruiseLee BruiseLee is offline
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Quote:
Originally Posted by Penetrator View Post
maybe toys as a stand alone store is just not profitable enough.

how many have we seen before that no longer a nationwide store?


uncle pete's, toy world, world 4 kids, now toys r us....

that just leaves toy mate left


but honestly, i think 80% of us buy online at least 80% of the time.
Yep, for collectors, TRU is a place to get stuff straight away but pay an impatience tax. I do buy from them though mainly when they have 20% off or something. That being said they do miss a fair bit of the collectors market. For example, if it's for Japanese and more specialized stuff that you and most of us also get then this is not an option with local chain stores. The only TRUs which cater more broadly for collectors are in Asia but at the same time there are also more speciality toy stores there too. Will be interesting to see how TRUs go globally as it still has a strong trading brand but unsustainable business model.
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  #93  
Old 21st May 2018, 10:45 PM
bowspearer bowspearer is offline
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Originally Posted by ChlorHex View Post
Sad days for Australian retail

It's the pricing strategy that TRU utilized that failed them... I really don't understand how they expected buyers to pay significantly more when next door at Target or Kmart you can get the same thing for less.

Man, it just sucks that we're losing TRU... another one bites the dust.
I understand it completely. It's the typical approach of predatory pricing - undercut the little guy then raise your prices to insane levels once they're dead.

"And we would've gotten away with it too if it weren't for those meddling department stores."
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  #94  
Old 22nd May 2018, 02:44 PM
ChlorHex ChlorHex is offline
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^ "predatory pricing"... Yes, that sums it up.
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  #95  
Old 5th June 2018, 05:42 PM
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griffin griffin is offline
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ToysRUs (America) have managed to find a buyer for their Canadian arm... so hopefully the Australian Branch finds a buyer quickly, before the Administrators get too impatient and shut down the business, liquidating all remaining assets.
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