Toys R Us to close down completely

How do you think we are doing?
Post Reply
User avatar
Pete
Site Admin
Posts: 7013
Joined: Sat Mar 01, 2014 1:15 am
Location: Atlanta GA USA

Toys R Us to close down completely

Post by Pete » Thu Mar 15, 2018 7:48 am

End of an era
0 x
"I like my coffee like I like my women: hot, black, and with a piece of prune Danish" Gilbert Gottfried

User avatar
brookboy123
Imperial Majesty
Posts: 6940
Joined: Thu Sep 04, 2014 8:48 pm

Re: Toys R Us to close down completely

Post by brookboy123 » Thu Mar 15, 2018 8:08 am

Pete wrote:
Thu Mar 15, 2018 7:48 am
End of an era
Use those gift cards...........today.
0 x

User avatar
Pete
Site Admin
Posts: 7013
Joined: Sat Mar 01, 2014 1:15 am
Location: Atlanta GA USA

Re: Toys R Us to close down completely

Post by Pete » Thu Mar 15, 2018 8:26 am

Since the rise of mass merchants like Walmart, Target and Amazon, however, Toys "R" Us has lost much of its share of the toy market, and fell behind Walmart in toy sales for 1998.[22]

To improve the company, the board of directors installed John Eyler (formerly of FAO Schwarz). Eyler launched an unsuccessful, expensive plan to remodel and re-launch the chain. Blaming market pressures (primarily competition from Walmart and Target), Toys "R" Us considered splitting its toy and baby businesses.....wiki
0 x
"I like my coffee like I like my women: hot, black, and with a piece of prune Danish" Gilbert Gottfried

User avatar
evilconempire
Somebody please hep me I been hypmotized
Posts: 33923
Joined: Thu Sep 04, 2014 7:25 am

Re: Toys R Us to close down completely

Post by evilconempire » Thu Mar 15, 2018 8:54 am

They had major problems before the online shopping boom began and before other big-box chains started stealing market share. Those problems were a big reason why they lost market share.

http://money.cnn.com/2018/03/15/news/co ... index.html
0 x
How sad that your Mother didn't have an abortion before she brought such an abomination as the likes of you into this world. - Aluannie :prech:

Post Reply