The Decline of Toys R Us...What Happened?

  Рет қаралды 2,781,060

Company Man

Company Man

6 жыл бұрын

This week Toys R Us has filed for bankruptcy. It was shocking news and left everyone wondering what happened. This video takes a look at Toys R Us and explores the causes of the bankruptcy as well as makes predictions about the future of the company.
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Other Company Declines:
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Пікірлер: 9 900
@stuck_around
@stuck_around 6 жыл бұрын
toys 'were' us
@creative-name5279
@creative-name5279 6 жыл бұрын
Evan So true.
@RyandBurtson
@RyandBurtson 6 жыл бұрын
Ouch.
@creative-name5279
@creative-name5279 6 жыл бұрын
RyandBurtson O O O O F F F.
@incogarchive301
@incogarchive301 6 жыл бұрын
Evan oh shut up not funny
@Crunk9
@Crunk9 6 жыл бұрын
Evan sad 😢
@Firebrand599
@Firebrand599 6 жыл бұрын
Remember that time when you have to beg your mom to go to Toys R Us?
@grandwizardofalaska8686
@grandwizardofalaska8686 6 жыл бұрын
Hansol I still do
@qwertyoip2258
@qwertyoip2258 6 жыл бұрын
Hansol Ah, good times.
@ChocolateFizzles
@ChocolateFizzles 6 жыл бұрын
Hansol yep
@wow123759
@wow123759 6 жыл бұрын
Yeah, good old times :'(
@Recarsonated
@Recarsonated 6 жыл бұрын
Hansol yes
@RobertSeeJen
@RobertSeeJen 4 жыл бұрын
EVERY time I went to Toys R Us everything seemed SUPER overpriced. Nothing seemed to be competitively priced at all. And it seemed like nothing EVER went on sale, which made this feeling even more real.
@911Nails
@911Nails 3 жыл бұрын
I agree i shopped there as a parent its last few years and they were over priced. They did have certain toys in-store and online that other stores did not have. Even when they had there going out of business sale they still were not lowering their prices to really get rid of stuff.
@Jhihmoac
@Jhihmoac 3 жыл бұрын
Phat Zoarb - That was the thing about Toys "R" Us... Since they always had the largest selection, and if one store didn't have something, odds are another one did and they could get it for you... You always paid for that convenience, though, as their prices were always higher than everyone else's...
@CCP-Lies
@CCP-Lies 2 жыл бұрын
@@Jhihmoac online shopping exist and have more things
@Crimsonking741
@Crimsonking741 2 жыл бұрын
Also, the toys were always super old, like, they came out two or three years ago. I saw 2015 Jurassic world toys there when I went in 2017.
@darinharris2081
@darinharris2081 2 жыл бұрын
Exactly. Never any sales or discounts even after Christmas was over..
@petpurrveyor895
@petpurrveyor895 4 жыл бұрын
I visited a Toys R Us store in Yokohama, Japan a few months ago. It was packed full of kids. Most kids passing by the store were begging their parents to go in. I was quickly shot back to my childhood walking through it. Besides the Japanese toys it was virtually the same.
@raphealnelson5551
@raphealnelson5551 3 жыл бұрын
Different culture
@orangeleaf36
@orangeleaf36 3 жыл бұрын
And different side. Only the american Toys R Us got bankrupt.
@DaGreatest786
@DaGreatest786 3 жыл бұрын
I’m curious as to why the toys r us in yokohama is still packed in present day whereas over here the stores remain empty. What do you think the reason is?
@futuristiccat5636
@futuristiccat5636 3 жыл бұрын
@@orangeleaf36 not just American but in Australia too.
@EmptyHand49
@EmptyHand49 3 жыл бұрын
@@DaGreatest786 American families are more lazy to go out and shop. Online shopping is not as popular in Japan as it is in the US.
@carternorell7792
@carternorell7792 5 жыл бұрын
“My guess is they’ll stick around” That didn’t age well
@non_peak4829
@non_peak4829 5 жыл бұрын
Carter Norm Everybody Liked That
@none2051
@none2051 5 жыл бұрын
Carter Norm right
@fonsie3218
@fonsie3218 5 жыл бұрын
Carter: that didn't age well Me:it did because they are opening up again
@non_peak4829
@non_peak4829 5 жыл бұрын
fonsie 32 I saw that news article, I’m pretty interested to see how it plays out.
@claramiqo7691
@claramiqo7691 5 жыл бұрын
Noooope. Cause they're gone for good.
@abasfaisal3421
@abasfaisal3421 5 жыл бұрын
1-Cellphone games 2- high prices 3- kid movies
@lukethekuya
@lukethekuya 5 жыл бұрын
4-FORTTRASH
@bangcolon2958
@bangcolon2958 5 жыл бұрын
@@lukethekuya Fortnite sucks
@addie-eileenpaige6460
@addie-eileenpaige6460 5 жыл бұрын
I remember going for a treat as a kid on occasion. I went as an adult and saw the place was very utilitarian and not kid friendly.
@Neeuqaul
@Neeuqaul 5 жыл бұрын
@@bangcolon2958 i agree
@AfjeerOf
@AfjeerOf 5 жыл бұрын
And Amazon
@starspecops172
@starspecops172 4 жыл бұрын
"The Clothes part tell you what they sell" So KIDS "R" US is an adoption center?
@ilu9079
@ilu9079 4 жыл бұрын
Are you telling me I should not have purchased the kid in the aisle the other day..? Is that why there’s a black heli over my house?
@GalaxyNeko216
@GalaxyNeko216 4 жыл бұрын
So where’s Dads “R” Us?
@locke103
@locke103 4 жыл бұрын
there was also a babies r us, which has so many implications in this context.
@MatthewGAlfaro
@MatthewGAlfaro 3 жыл бұрын
@@GalaxyNeko216 im sorry but dad wont be able to come home. He should have not gone to the milk store.
@GalaxyNeko216
@GalaxyNeko216 3 жыл бұрын
@Matthew Alfaro Well shit lamow
@jessicaandrews893
@jessicaandrews893 4 жыл бұрын
Yes its true, kids are more inclined to play mobile games but some of yall act like its the kids fault. But its really the parents. If you ever worked at a preschool or babysat other kids they will definitely stay engaged with toys for longer. I dont think thats the only/main reason for their downfall.... People say "Kids only want to play on phones" like its the kids fault they are addicted to phones or games from a younger age. Lots of parents just dont want to spend the money on toys or clean them up and find it easier to give their kids their phones to keep them busy. Its this pattern that stops families from buying toys. Its not like kids are suddenly not interested in toys anymore or something. If you find a really good interactive toy the kids would love to engage, its the parents who arent giving them this opportunity anymore.
@jessicaandrews893
@jessicaandrews893 4 жыл бұрын
Tablets/phones arent necessarily worse for kids than toys. There are some games and puzzles that are appropriate for their age, and they can be addicted to toys just as much as they are addicted to games....
@me3482
@me3482 3 жыл бұрын
nah it’s just that they literally just like technology more
@ayoo.bruce01
@ayoo.bruce01 3 жыл бұрын
Fuck all that im not giving my kid a phone till he or she is 13. who they gonna text? my mans spongebob? nah
@katie7390
@katie7390 3 жыл бұрын
if people are going to buy kid's toys, they're going to amazon or walmart not toys r us which is very out of the way most of the time and most of the time it's more expensive
@thepoo6933
@thepoo6933 3 жыл бұрын
@@ayoo.bruce01 FR
@tummywubs5071
@tummywubs5071 6 жыл бұрын
I shit you not an eBay add came up when he said "Why aren't they generating enough money?"
@Fishhunter2014
@Fishhunter2014 6 жыл бұрын
Ok even if you made that up it's STILL comedy gold! xD
@This_Guy55
@This_Guy55 6 жыл бұрын
Tummywubs lol
@danielm4203
@danielm4203 6 жыл бұрын
LMAOOOO
@Ghostem-bb4gh
@Ghostem-bb4gh Жыл бұрын
I just read this seconds before he said that😮
@SmokingSwisher
@SmokingSwisher 6 жыл бұрын
Holy shit.. they filed for bankruptcy? I remember going there as a kid, in complete awe at the sheer amount of toys and games. Kind of sad now..
@thetalonking7233
@thetalonking7233 6 жыл бұрын
Jetskee Agreed. I only ever went there once as a kid, and the memory is fuzzy, unfortunately. Regardless, it was enough, and it was awesome.
@GY-bd9bo
@GY-bd9bo 6 жыл бұрын
i remember going there once in a weird underground store in israel good hazy times
@SonicWasTaken
@SonicWasTaken 4 жыл бұрын
2005: Toys are us! 2006:Debts are us...! ----- 2010-20: ____ Are us!
@maddyhoverter
@maddyhoverter 4 жыл бұрын
You know toys R us is coming back
@SonicWasTaken
@SonicWasTaken 4 жыл бұрын
Maddy Hoverter yea so?
@buddahmonk36
@buddahmonk36 4 жыл бұрын
Toys were us
@doublecircus
@doublecircus 4 жыл бұрын
Jeff Gordon lol
@nuclearexplosion5841
@nuclearexplosion5841 4 жыл бұрын
Closed "R" us
@Harv72b
@Harv72b 3 жыл бұрын
Growing up way back in the day, going to Toys R Us was an experience, and the fact that they _only_ sold toys is precisely why. I mean, you'd go grocery shopping every week, you'd hit up the department store maybe once or twice a month for clothes or whatever, about that often to the mall just to browse around or eat overpriced hot dogs, but Toys R Us only happened once, _maybe_ twice a year. And when that Toys R Us trip happened, as a kid you _knew_ that you were walking out of that store with some new toys. I can still to this day remember the thrill of pulling into the parking lot, willing my parents to get out of the car & walk to the entrance faster, then finally walking inside to what seemed like a giant warehouse filled with never-ending possibilities. Aisles upon aisles, each overflowing with a specific brand or genre of toys. The smell of the tires walking past the bikes section. The long, switchback lines to the cash register filled with cheap, generic toys that weren't even worth looking at because I knew I had the latest G.I. Joe playset sitting in our cart & as soon as I got home that sucker was coming out of the box and into the yard. I don't know, maybe as a kid now seeing the latest console show up in a shipping box at the front door & waiting for mom or dad to be available to get it set up brings an equivalent level of excitement, or getting a $25 card to load onto your account & buy new skins or whatever...but I just can't imagine it's the same. And that, much more than the death of my favorite childhood storefront, is what saddens me.
@youngog100
@youngog100 3 жыл бұрын
I feel everything u just said 😔…. I miss the old days
@dammianserrano5466
@dammianserrano5466 2 жыл бұрын
Amen
@Pandurz
@Pandurz 2 жыл бұрын
I’m just gonna say, it’s also the over saturation of elaborate ads for mediocre products. I can’t tell you how many times I’ve excitedly gone into Toys R Us (we still have one in our city) and bought something for my daughter, came home and the most fun aspect was unpackaging. Beyond that, you often find yourself underwhelmed and the kid bored of it in a matter of minutes. I honestly think that’s why there’s been such a boom for blindbag and collecting, the value of play that comes without the thrill of that “opening” experience with your child is absolutely disproportionate to the criminally marked up price tags lmao People don’t want to admit and face the truth of the problem, the market for kids stuff is largely disposable trash that’s not meant to last and only serves the goal of getting it into your cart without actually holding any entertainment value. It IS just as exciting for kids to get money for that new skin on their game, at that point they are older kids, and almost certainly playing with friends. Showing up the party for a pvp match in a new skin is the modern equivalent of showing up with something shiny and new to the playground, it isn’t sinister - it’s just different. Children are smart, they reach an age where they figure out what is and isn’t worth it’s value to them, they see the games they play with their friends as time and achievement investments. Having skins and upgrades is sort of symbolic of that. It doesn’t sadden me, because my childhood was during the emergence of this market and I totally had years of my life poured into a site where every holiday I asked for nothing but currency to indulge in the exclusives, I have fond memories from those days, it was very social and I don’t even remember any of the dolls or whatever consumer garbage I had back then - but I remember the experience of that online world and slice of life away from life. It’s just perspective, the kids that love their toys still get the toy store experience the truth is just that many toy companies are failing to deliver and falling behind the joy that’s derived from game developers who care a lot more about their product 🤷🏻‍♀️
@lowercase_the
@lowercase_the 4 жыл бұрын
Fun fact: the reason the R in KoRn is backwards is a reference to toys R us because multiple band members worked there
@roncur
@roncur 4 жыл бұрын
Lol
@lgrozdanovic769
@lgrozdanovic769 4 жыл бұрын
Or are they secretly Russians? Я
@aztekempire
@aztekempire 3 жыл бұрын
@@schmoe2926 nigga stfu They have like 2 songs 😂🤣😅
@zore3923
@zore3923 3 жыл бұрын
aztekempire Man U stupid lmao
@Beaumoi
@Beaumoi 3 жыл бұрын
Liesss
@GoodeisSXE
@GoodeisSXE 6 жыл бұрын
I feel that the decline is due to kids these days simply not going to the "toy store". When I was younger, that was the thing. You go to toys r us to see all the exclusive stuff they had. We used to get the catalogs in the mail and I'd make my christmas list from that. It's crazy how things change
@xenocide8573
@xenocide8573 6 жыл бұрын
Godo
@xenocide8573
@xenocide8573 6 жыл бұрын
12346
@JYMAHJAMES
@JYMAHJAMES 6 жыл бұрын
Same man, it's sad now they just sit in front of an iPad for hours
@JamesEllison69
@JamesEllison69 6 жыл бұрын
Amazon was the reason. It's evil. All they want is your money.
@usjohnpat
@usjohnpat 6 жыл бұрын
It has to do with the parents more than the kids. I have a few kids and we don't go to toys r us. I feel like it is insanely expensive for cheap garbage that is just going to break.
@driftsune
@driftsune 4 жыл бұрын
Toys r us will be remembered as a piece of the holy grail
@SharkHutDLL
@SharkHutDLL 3 жыл бұрын
E
@FriendlyTume
@FriendlyTume 3 жыл бұрын
“Why spend money on legos” DUDE EXCUSE ME
@whickervision742
@whickervision742 3 жыл бұрын
There were always LEGO sets in the late 80s and 90s I would have never seen elsewhere. I owe most of my mechanical aptitude to the Technic sets. And yes you do really need that expensive, oddly-shaped and rare hard to source part in real life.
@Nada-fj8ij
@Nada-fj8ij 6 жыл бұрын
When ever I go in a toys R us looking for collectibles, it feels so cold and utilitarian. I can only imagine how this would feel for a kid, the whole things like a toy warehouse, rarely does anything catch your eye or feel special. Heck, when I was kid I only went to a toys r us once when I was four, but it stuck with me because of how fun and magical it felt, I remembered the store more than I remembered the toy I got. They should try to recapture that
@thanksfornothing5636
@thanksfornothing5636 6 жыл бұрын
The ghost of Sammy classic Sonic fan If your my age (33) TOYS R US was a totally different magical place as a kid... 😒now it's like K mart
@chrish7983
@chrish7983 6 жыл бұрын
To be fair, maybe your perception of your shopping experience changed just as much - if not, more than - what is all that different from today's stores.
@JamaicanMeCrazy
@JamaicanMeCrazy 6 жыл бұрын
The ghost of Sammy classic Sonic fan times have changed. Maybe the kid will see an ad which she's then to the website to buy something online now... Also this experience and look as feel model might be difficult for them to replicate with no money and no way to aquirie loans. Unrelated and bonus point. Ross is one of the few physical stores making money. Have you been in there? Looks like shit in there but it's cheap and that's what matters most to the consumers. parents will buy them at the most convenient and cheapest place.. Online
@melody3741
@melody3741 6 жыл бұрын
Thats a very accurate name for that comment...
@ElongatedVowels
@ElongatedVowels 6 жыл бұрын
"When I go to Toys R Us as an adult it feels cold and utilitarian. When I went as a kid it felt magical." Pretty sure that's not Toys R Us's problem.
@Michael_Billig
@Michael_Billig 6 жыл бұрын
He said “toys r us” so many times it started to sound weird.
@FooPanda
@FooPanda 6 жыл бұрын
Michael Billig The dino Toysaurus?
@FateBoost
@FateBoost 6 жыл бұрын
Michael Billig Aren't you on Twitter?
@alexanderabad7295
@alexanderabad7295 6 жыл бұрын
Michael Billig didn’t think I’d find you in the comment section lol
@CommodoreFan64
@CommodoreFan64 6 жыл бұрын
Drinking game time lol!
@kiefdemon1979
@kiefdemon1979 6 жыл бұрын
Michael Billig agreed
@emmak605
@emmak605 4 жыл бұрын
I’ve only been to toys r us maybe 4 times in my entire life. My mom would almost always refuse to take me. But everytime I would go there I would end up disappointed. Idk what it was. I would wander the store for, at some times, 2 hours. I felt that I could never find what I wanted. I would always do better whenever I simply went to Walmart or target
@ethanblevins1116
@ethanblevins1116 4 жыл бұрын
That’s the paradox of choice for you
@FrancoDanko
@FrancoDanko 4 жыл бұрын
I only went there 1 time for yogioh cards now I don’t even collect them
@thugshaker4
@thugshaker4 3 жыл бұрын
Toy R Us is a total ripoff, high prices, low quality
@liammccoy5604
@liammccoy5604 3 жыл бұрын
I remember going there a few times as a kid. Once we walked around for over an hour and only left with a single comic book. The comic shop I still go to was about 2 minutes away. We really could have went there, got the same thing and done more with our day.
@sarahsimpkins1311
@sarahsimpkins1311 3 жыл бұрын
We never went toys R us it was too expensive my mom always bought our toys from kmarts
@harrisonkinsey7209
@harrisonkinsey7209 4 жыл бұрын
I only went to toys r us once in 2009 for a pair of swim goggles and I had to spend 30$ and they literally broke in half when I tried to put it on.
@youngog100
@youngog100 3 жыл бұрын
😭😭
@angrycat3525
@angrycat3525 5 жыл бұрын
My son worked at Toys 'R' Us for about 2-1/2 years. His observations: they didn't have the stuff that people wanted, and what ended up in stock was no bargain. In addition, what passed as "management" was a joke. He had about 10 days of vacation time that went down the tubes thanks to the ham-handed way the organization was run. Never mind that top management got millions each as "golden parachutes", while the rank and file got the shaft. Fortunately, he got out there about a week and a half before the store closed, and he's much happier at his new job than he ever was at this hell hole.
@wendyarendell8567
@wendyarendell8567 5 жыл бұрын
I stopped going to Toy R Us because of the 30 min. wait in line. Not because of the amount of shoppers, but because there was only one very slow check out person. That was in 2005-2006. I just felt in my gut that employees were unhappy with the management.
@dodgeramsport01
@dodgeramsport01 5 жыл бұрын
@@wendyarendell8567 sounds like wal-mart!
@DivineHyperion
@DivineHyperion 5 жыл бұрын
@Michael Garcia muh childhood Shut the fuck up
@akemiregrets
@akemiregrets 5 жыл бұрын
@@dodgeramsport01 Walmart has fast checkout people and if you think they are slow go checkout yourself
@dodgeramsport01
@dodgeramsport01 5 жыл бұрын
@@akemiregrets Don't know what planet you shop at wal mart on but no! they have 15 Registers and only two open !
@andreijustine7231
@andreijustine7231 5 жыл бұрын
"Kids want tabelts now not toys":( This phrase explains everything
@also_arles
@also_arles 5 жыл бұрын
But i want toys
@ghina8002
@ghina8002 5 жыл бұрын
Makes me sad
@pmoon4848
@pmoon4848 5 жыл бұрын
I am literally 12 and like Nerfing instead of doing crap with my iPad
@ghina8002
@ghina8002 5 жыл бұрын
Pootato Productions good job bro 👏
@mrendyman4824
@mrendyman4824 4 жыл бұрын
Nooo I love toys
@AFFROBO
@AFFROBO 4 жыл бұрын
I scrolled so hard to find the comic sans comments I failed
@user-dl3vn8ze9n
@user-dl3vn8ze9n 4 жыл бұрын
I miss Toys R Us. I don't remember it much, we never went... I also didn't like a lot of child/baby toy places because some of the toys scared me. It was really expensive, too.
@VertigoGTI
@VertigoGTI 6 жыл бұрын
I can't speak for everyone, but I don't WANT to go to Toys R Us anymore... and here's why. The local TRS is always dirty, the salespeople aren't helpful, and it's located in a lower-tier shopping center that was struggling 2 decades ago (when other centers were still flourishing). None of this is related to Amazon or other internet competition. My recommendation is to ditch the large stores in favor of smaller ones. Change the look of the stores so they are inviting to kids... off-white walls and dirty linoleum floors belongs in WalMart. Turn it into a place where KIDS want to go.
@bcd1826
@bcd1826 6 жыл бұрын
Because you're living in a poor community
@VertigoGTI
@VertigoGTI 6 жыл бұрын
Ehhh, it's typical middle class area at its worst. The store is located in a forgotten little strip mall where struggling businesses go to die. The 2 other TRSs around me are the same way; located in decent areas but stuck in outdated and failing shopping centers.
@judypham6621
@judypham6621 6 жыл бұрын
I agree all toys r us are dingy and non inviting for kids. Even the one in downtown vancouver isnt all that great. Weve got a disney store and a toysrus in one of the most popular malls in the area and disney is always packed with kids. The store is smaller and less walmarty. Theres no aisles of shelves and all toys are generally mixed, no specific "boy" and "girl" sections. Fewer products and smaller spaces make it easier for arents to let their kids roam. Theres also play areas with a TV and sitting areas too. I think that if toys r us started carrying the products that other competitors may not have (harder to find items) and discontinue the generic stuff that you can find anywhere, they may be able to get more cashflow.
@shartlinemcdingleberries7532
@shartlinemcdingleberries7532 6 жыл бұрын
Alex Becker yeah there often very gross
@KingClickMusic
@KingClickMusic 6 жыл бұрын
Alex Becker Toys R Us just needs to start selling Gundam kits.
@TomikaKelly
@TomikaKelly 5 жыл бұрын
Their decline was inevitable: 1. Kids don't play with toys the way they did when I was a kid. I used to look forward to that Big Book coming and circling my Christmas List wishes. Now kids have KZfaq and apps and electronics. 2. The in store selection wasn't broad enough. 3. You don't need a specialty store for toys when places like Walmart sell the same toys for less. 4. Brick and mortar stores are on a rapid decline. When I was a kid going to Toys R Us was an experience. People including kids no longer want to leave their house. 5. Toys R Us doesn't offer anything unique that you can't get anywhere else.
@braydenhuneau
@braydenhuneau 4 жыл бұрын
Tomika Kelly except toys r us exclusives
@rileyesmay
@rileyesmay 4 жыл бұрын
@@braydenhuneau they had less and less as the years went on. They used to have a bunch, but now places like walmart have a little it of everything just like toys r us did.
@dubiousjay1417
@dubiousjay1417 4 жыл бұрын
idk man the toys r us gameboy advance was pretty good
@thatonesomali3217
@thatonesomali3217 4 жыл бұрын
Honestly, if kids wanted some toys, it was always off to Walmart. Toys R Us was much too expensive for things that you could buy off of eBay.
@oganesson029
@oganesson029 3 жыл бұрын
Yes.... we CANT leave our house
@yumiixx
@yumiixx 4 жыл бұрын
Me: I've never went to Toys R Us. My friend: *Shame on you*
@MrBreastGiveMeMoney
@MrBreastGiveMeMoney 4 жыл бұрын
Shame on you
@whokilledkath
@whokilledkath 2 жыл бұрын
Shame on you
@AngelPandaEarth
@AngelPandaEarth 4 жыл бұрын
I'm not from the future. Toys "R" Us closed ALL brick-and-mortar stores, including the Babies "R" Is locations. I think their site went down as well. However, they've began opening concept stores inside of shopping malls. Their new stores are approximately one-third the size of the older stores. They also have a new parent, "Tru Kids" or something like that. Could Toys "R" Us come back? Hard to find out because here, it's 2020.
@jxstine8454
@jxstine8454 2 жыл бұрын
Well their website (atleast in the netherlands) is up and going even in 2021
@enderwalkgang
@enderwalkgang Жыл бұрын
It's 2023 and still no noise.
@NemFX
@NemFX 6 жыл бұрын
Toys r us used to be the gold standard for being a kid. To be a toys r us kid meant your parents were rich. The problem is that most of the toys there now are available in other stores for cheaper. They lost their exclusive rights to certain toy lines, most of which don't exist anymore. So toys r us stopped being about toys. Now its mostly selling baby stuff.
@mrdragon411
@mrdragon411 6 жыл бұрын
i go for exclusive lego stuff like bricktober
@CommodoreFan64
@CommodoreFan64 6 жыл бұрын
That's a very good point about the baby stuff, my Toys R Us location that's been in the same building since at least the early 80's(outside of the building looks poorly maintained as well) is now 1/2 Babies R US, and there is a stand alone Babies R US about 15 mins or so from it. Plus the selection of toys, and video games at Toys R US these days is nothing to brag about or worth going out of my way for unless it's an exclusive I want, and that's very very far, and few between when places like Walmart or Target have a better more focused core selection of Toys and video games at better prices.
@NemFX
@NemFX 6 жыл бұрын
For clarity, im 30 now (somehow) but when i was a kid, you were basically judged by your toys. Toys r us kid, zellers kid, k-mart kid, biway kid, and since we were pretty poor back then, i was a garage sale kid. Toys r us used to have the newest stuff and it all trickled down from there.
@CommodoreFan64
@CommodoreFan64 6 жыл бұрын
I'm 36 so I know where you are coming from about being judged by your toys as a kid. I was a K-Mart, Walmart, and Dollar General kid for the most part growing up in the 80's and 90's along with yard sales, flea markets, and Goodwill's as my mother, and stepfather where always ones who stressed saving money so they could buy bigger things for us to enjoy like a boat for the lake, or a 70's Air Stream camper that became a family project over many years and my real father always worked to make ends meet, and pay the bills.
@juliamavroidi8601
@juliamavroidi8601 6 жыл бұрын
NemFX You think you had it bad? I was a "hand me downs from older siblings" kid. 😉
@groofop
@groofop 6 жыл бұрын
"Yay! I got a new Slinky!!!" 1 hour later.... "Awww man it's all twisted"
@RoagMine
@RoagMine 6 жыл бұрын
groofop so true
@ssilversquirrel9054
@ssilversquirrel9054 4 жыл бұрын
I only found out about Toys R Us was going down, because of all the memes R.I.P Toys R Us
@Italian1776
@Italian1776 4 жыл бұрын
Same bro
@Noah-hx9oi
@Noah-hx9oi 4 жыл бұрын
It's sad that kids only care about Technology. I mean I've seen 6 year olds with the newest iPhones before. Just saying but the Generation Z was the last "real/non spoilt", generation before the Generation Alpha's.
@mangleshp
@mangleshp 4 жыл бұрын
@@Noah-hx9oi 6 year olds..? ‘Wow..’
@ssilversquirrel9054
@ssilversquirrel9054 4 жыл бұрын
@@Noah-hx9oi It sucks because people don't know what toys r us is
@s.c5714
@s.c5714 4 жыл бұрын
Fr and i didn't know this was 2 years ago bruh
@princessdianabeaniebaby6607
@princessdianabeaniebaby6607 3 жыл бұрын
Dont cry because its over. Smile because it happened -Dr. Seuss
@Melissa0774
@Melissa0774 6 жыл бұрын
They should have a special dark room in the back where they sell glow in the dark and black light reflective items. A small local toy store where I live, use to have that, when I was a kid and I loved going there.
@zachjfboyles8335
@zachjfboyles8335 6 жыл бұрын
This is not a bad idea. I loved the blacklight section of certain stores as a kid. What makes shopping in a physical store different than shopping online is the experience.
@sentient88
@sentient88 6 жыл бұрын
Melissa0774 you could call it the shoplifting area
@ablationer
@ablationer 6 жыл бұрын
I think they should just make their stores more fun in general. Nowadays you go there and everything is purely by the book with no style or engagement. There's no reason to go there over say Wal-Mart. But guess what, while Wal-Mart sucks for kids, if they'd get like a little playground or something, I can guarantee they'd love to go there and would keep nagging their parents to take them there.
@djangofett4879
@djangofett4879 6 жыл бұрын
ablationer - sure, build a playground in an era where parents will sue for their kid getting a sprained ankle and rabid lawyers will leap at the opportunity.
@Malaika924
@Malaika924 6 жыл бұрын
Dan Mason How is that any worse than a back room where Gropey McPervert can touch kids under the cover of darkness?
@weataku
@weataku 6 жыл бұрын
I think it's not in the case of technology! It's really not! Toys R Us Also sells Technology. My opinion is : OVERPRICED!
@bigboys-op8yp
@bigboys-op8yp 6 жыл бұрын
Chanel Oberlin i call bs i used to buy hotwheels for 87 cents
@terryj8406
@terryj8406 6 жыл бұрын
Overpriced is not really an opinion here, its fact. Poor online shipping and overpriced Toys are the biggest issue. A toy store, that specializes in toys, should be selling at a competitive market, but they are not. My major complaint is the horrendous shipping charges. Why can Amazon ship almost anything you can think of for $10, or free when you spend $35+? But Toys R Us feel like telling me its free until they realize its 2 lbs to heavy and charge and extra $15 for something costing me $20? It was always a poor system they just failed to evolve on. They could have completed with Amazon and Walmart in the online market, but they gambled on people coming into the stores, and they lost. Tough to say, as I grew up on going into Toys R Us for a lot of cool stuff, but maybe its time to close up shop and let the next one give it a try.
@agamble1126
@agamble1126 6 жыл бұрын
When was that? And how much were they elsewhere? You can buy Hotwheels at most stores for $0.99 or $1 today. At Toysrus they're $1.09. That isn't expensive, but it is more expensive. It's a 10% increase over Wal-Mart. I buy toys for my kids at Toys-R-Us and I buy them at Wal-Mart and Amazon. I buy them wherever I can get the best price by shopping around. And sometimes Toys-R-Us does have good deals. And one thing they have that a Wal-Mart doesn't is variety in store. They have a ton of toys in stock if someone needs something today. This just sounds like bad business to me. They knew this could happen, and our business laws allowed for it. Nothing is happening to the stores and they're still in business. They'll survive this for now.
@supernova743
@supernova743 6 жыл бұрын
Yes they have variety however so does the internet. If you can't go into a toysrus and pay less than the asking price plus shipping costs in store then there's no reason to go into the store.
@dl733sak
@dl733sak 6 жыл бұрын
I was born in 1967 and my parents said the same thing back then. Toys R Us is too expensive. That's a pretty good run for an overpriced store like that. The modern age is kicking it's ass.
@Ben-jl2rh
@Ben-jl2rh 4 жыл бұрын
Another issue that no one has talked about, is that in most places there are less kids. Their is a decline of children being born. In most families, 2 kids is the max, and when comparing the amount of kids being born per year, their is quite a difference. Back in the 80s, 90s, and even the early 2000s, there were significantly more kids born then now a days. When I was born back in 2001, my father said that there were so many new born's that he didn't know which kid was his, but now when my brother was born back in 2018; my father said that there were hardly any babys in the nursery, he said there was only 3. This situation is getting worse, and when you look at the statistics, people in developed countries just can't afford to take care of kids, let alone buy toys that are not worth getting when compared to everything else.
@karinaf8326
@karinaf8326 3 жыл бұрын
That's good. We are overpopulated.
@Ben-jl2rh
@Ben-jl2rh 3 жыл бұрын
@@karinaf8326 overpopulation is a myth. If you wanted to we could fit the entire earths population onto Australia, and use the rest of the world as farming and fishing, while responsibly using our resources given that everyone including the rich follow certain guidelines. We don't do this because people are very divided against each other and the rich get all the goodies.
@just_.jordan
@just_.jordan 3 жыл бұрын
@@Ben-jl2rh Yes
@jasonjungreis203
@jasonjungreis203 2 жыл бұрын
Can you please cite a statistic to prove this? I have not heard it anywhere, but it could be true.
@lorddrayvon1426
@lorddrayvon1426 2 жыл бұрын
@@Ben-jl2rh that and living in places like Australia and Russia are very bad Idea s. There's a reason why very few settlements exist in the heart of Australia; draught and weather. Add onto that Australia's high propensity for wildfires or Russia's ridiculously low temperatures and it's a deathtrap. It's not just a matter of people being whiny bitches too afraid to change thier lifestyle that drastically. It's about logistics and survivability. Ordering the whole world to move to Australia is kinda like moving the entire population of China to Antarctica.
@nintendocat64
@nintendocat64 4 жыл бұрын
When it started going out of business me and my brother asked if we could go, and we did even though almost everything was halfsale so we did, my brother got a drone and I got a pixar cars thing... I lost interest in 2 hours and my brothers drone broke in 2 hours as well... Something tells me a lot of the toys were cheaper to make
@Beaneabean
@Beaneabean Жыл бұрын
Damn ate you like 15?
@SageSea1
@SageSea1 5 жыл бұрын
This explains why this store was so expensive Its also sad because it seems that Toys R' Us debt was slowly decreasing
@saben.
@saben. 5 жыл бұрын
@Huili Wang They raised prices to pay the debt
@vl.revenge4461
@vl.revenge4461 5 жыл бұрын
Yep I bought a Nintendo 3ds for 300$ there
@Playboipoke
@Playboipoke 4 жыл бұрын
@@vl.revenge4461 same bro
@clvrswine
@clvrswine 4 жыл бұрын
@@vl.revenge4461 $300, you moron, not 300$. You really don't know it's $300 and not 300$ ? How stupid are you?
@Yonaka011
@Yonaka011 4 жыл бұрын
@Dan of Xymox kzfaq.info/get/bejne/a7l1ocRprrPWgok.html
@nappa0582
@nappa0582 6 жыл бұрын
I can tell you exactly what happened with an example using Hot Wheels. Target price for regular Hot Wheels: .96 to .98 Wal-Mart price for regular Hot Wheels: .95 to .98 H.E.B. (local grocery store) price for regular Hot Wheels: .94 to .96 or buy one get one free with coupon Toys "R" Us price for regular Hot Wheels: 1.19 to 1.26 Again, these are your regular Hit Wheels that aren't the color change, or the old school box or things like that. These are the "generic" cars that you would buy to use on your track. Now they do have some stuff that are the same price as their competitors, but those are things like video games, which aren't cheap to begin with.
@katerinc6474
@katerinc6474 6 жыл бұрын
nappa0582 completely agree but Toys r Us does Pricematch
@dsandoval9396
@dsandoval9396 6 жыл бұрын
too little too late
@divinedoodoo
@divinedoodoo 6 жыл бұрын
This comment is the truth man, they lost ALOT of shoppers in the pokemon community due to their terribly competetive pricing.
@proudbeaner696
@proudbeaner696 6 жыл бұрын
You're obviously from Texas but you're not from Dallas or Houston because they don't have HBE .
@cem19771
@cem19771 6 жыл бұрын
completely agree, i've bought my kids toys at walmart instead of toys R us because many times there was a significant price difference, significant to me being $10 or more dollars. i dont remember their being a walmart or amazon around when i was a kid so the options were the grocery store toy aisle or toys R us, now you have a ton of options hell you can buy toys from japan or germany if you want to! i think toys R us failed to make the appropriate changes or actions needed to stay competitive.
@cicada.k
@cicada.k 3 жыл бұрын
I always felt “I don’t wanna grow up I’m a toys r us kid” on an emotional level
@zarzarbinks97
@zarzarbinks97 3 жыл бұрын
At one point I stopped going because my store wasn’t as fun as it was when I was a kid. It was more whimsical and fun. And then one day it started looking like a Costco warehouse full of toys. It was devastating
@maskedherophantom6238
@maskedherophantom6238 6 жыл бұрын
Its because they overprice their items
@OptimusShr
@OptimusShr 6 жыл бұрын
As a toy collector I have to agree with this. The toys there generally cost at least $2 more than they do at Target or Walmart. And Target and Walmart have multiple locations here close to each other so if I don't find what I am looking for at one store I can hit another one in ten minutes or less.
@MunkyDrag0n
@MunkyDrag0n 6 жыл бұрын
+dothemathright 1111 Maybe that is true, but isn't it their fault for getting into debt in the first place?
@MunkyDrag0n
@MunkyDrag0n 6 жыл бұрын
+OptimusShr Maybe that is true, but I have also noticed an upward trend in toy prices linked to rising plastics prices. People can't afford to spend as much on toys as they used to. Even if they do, online shopping is so much easier. Target and Walmart have other revenue streams besides toys. ToysRUs doesn't have this.
@MunkyDrag0n
@MunkyDrag0n 6 жыл бұрын
dothemathright 1111 Right but workers and managers are not TRU. I never said anything of the sort. The owners, the people not bothered with operations, are the face of the company. They buried their own company in debt.
@MunkyDrag0n
@MunkyDrag0n 6 жыл бұрын
dothemathright 1111 I must ask where is your psychiatry degree and or linguistics degree? The face of a company is a representative, top brass. That is how the term is used according to any credible source. It can be a designated speaker, CEO, or other high ranking official. Workers are even called faceless as a derogatory term. You have no clue what you are talking about.
@kittyanya
@kittyanya 6 жыл бұрын
People have been making videos how empty their toy r us were and the top 3 complaints at most of the stores were they were expensive, dirty, and poor customer service.
@Fallibleandflawed
@Fallibleandflawed 6 жыл бұрын
kittyanya yeah good riddance to them
@Jimmy.O.
@Jimmy.O. 6 жыл бұрын
kittyanya It's starting to have those Kmart vibes.
@Omnicrom
@Omnicrom 6 жыл бұрын
Came in to post about this. The Toys R' Us near me was a place I went to frequently and with great pleasure as a child, but coming back in my own car as an adult was a disenchanting experience. When I went back the store was smaller and dirtier than I remembered and the selection much worse. I'd also swear it wasn't even lit as well. I guess what I'm saying is I'm not surprised it went out of business even besides the change in consumer culture.
@VaunShiz
@VaunShiz 6 жыл бұрын
Got I went into a near by toys R us for a drink because it was the closest thing in the parking lot , and damn was it empty , dated , and prices sucked
@dooplon5083
@dooplon5083 6 жыл бұрын
Omnicrom They filed for bankruptcy, they didn't go out of business. Banruptcy and going out of business are not the same thing and companies can out of banruptcy just fine.
@MysonNathansVideos
@MysonNathansVideos 2 жыл бұрын
"His name used to be doctor g.raffe." "I told you, It's called a G RAFFE!" Jeffy-[insert year]
@Flowersandcookies931
@Flowersandcookies931 2 жыл бұрын
G RAFFE
@nunyabidness117
@nunyabidness117 3 жыл бұрын
I heard Toys-R-Us is going to be revived by a group of investors led by Snoop Dog. They're changing the name to 'We Be Toys n Shit, Bitch'.
@chefboiardeeznutz9881
@chefboiardeeznutz9881 3 жыл бұрын
Lmfao
@dhdhdjsndndnzmjznshz9921
@dhdhdjsndndnzmjznshz9921 4 жыл бұрын
i think the backwards R is to make it look like a kid wrote it
@atomzero1
@atomzero1 3 жыл бұрын
Yeah, I'm not sure what the mystery here is.
@futuristiccat5636
@futuristiccat5636 3 жыл бұрын
@@atomzero1 lol yeah
@liammccoy5604
@liammccoy5604 3 жыл бұрын
I knew it wasn’t true but I was really hoping that Korn thing was true.
@azrieldreamer
@azrieldreamer 6 жыл бұрын
Why does everything from my childhood get taken away from me?
@SAIDDAHIR442
@SAIDDAHIR442 6 жыл бұрын
Azriel animations everything was just too good to be true
@azrieldreamer
@azrieldreamer 6 жыл бұрын
Said Said that's so true
@jacobpreen1118
@jacobpreen1118 6 жыл бұрын
2000s?
@zix1257
@zix1257 6 жыл бұрын
Azriel animations becuse time passes and shit evolves
@Armendicus
@Armendicus 6 жыл бұрын
Cause you're old.
@joslyn9952
@joslyn9952 4 жыл бұрын
When you watch this 2 years after it was published
@RenStimpyProductionMusic
@RenStimpyProductionMusic 4 жыл бұрын
In my area, there are STILL Toys "R" Us stores without the billboard taken down or anything.
@creepercraft213
@creepercraft213 6 жыл бұрын
It's because they are to damn expensive they overprice absolutely everything
@killadeath565
@killadeath565 6 жыл бұрын
It also doesn't help that people don't have the money they once did
@momoirorabbit5137
@momoirorabbit5137 6 жыл бұрын
Yeah, I agree. I begged to go there so many times as a kid to get something there and my parents told me no because that store was too expensive.
@ragu1319
@ragu1319 6 жыл бұрын
AsianWarGodess Doesn't help that you can get the stuff they have there for alot cheeper on Amazon.
@Xunizal
@Xunizal 6 жыл бұрын
When you make stuff too expensive, you're gonna have less sales. Doesn't matter how expensive your shit is. If you can't get enough sales, it won't matter how much you charge. You're screwed.
@minecraft12andothers
@minecraft12andothers 6 жыл бұрын
Sayuri Lapis Yeah I remember I really wanted a wall-e robot toy when I was like 7 and my grandma said lets just go to another store it's to exspensive here. In the end I said I would do anything for it and she got it for me : )
@bacchiguu86
@bacchiguu86 6 жыл бұрын
I worked there for 10 years and let me tell you, we all saw this day coming. I knew about the buy-out, but the company could have easily kept-up with the payments if they were not so stupid. First of all, their corporate office is AWFUL. They are unhelpful to us at the store level, spend most of their days not worrying about how to sell toys, oh no, they are more worried about what to call things. For example, first we called credit cards/buyer protection plans/etc "metrics" then corporate made us change it like 3 times in 2 years and would send their nasty district managers (all of them middle-aged, divorced white dudes with a Napoleon complex) to check up on us like 3 times a month. We would spend more time trying to make the store look presentable than helping customers because of these too frequent visits. Second, TRU spent WAAAY too much money on "standards." What I mean is some corporate asshat would decide "you know what, we need MORE SIGNS that will sell toys!11" (no it does not btw) so I would have to order these signs that cost $100 - $300 EACH like twice every month. Not to mention other dumb things like ticket standards that were ridiculous. (12 TICKETS were required for EACH BIKE in the store - over 100 bikes - ticket paper cost a fortune too.) Third, they have managers of managers of managers of managers all causing miscommunications and chaos at corporate and store level. All of them make high 5s or 6 figures of course. Fourth, they kept making deals with other companies and then messing-up the trademark/copyright/contract agreements and getting sued. Fifth, they sent us WAY TOO MUCH INVENTORY. Our back of house would always be filled to the brim with boxes of boxes of the same toy that was not selling at all. And the toys customers actually wanted? We would get a single box every month. Sixth, they had the brilliant idea to let untrained, minimum wage workers shop for and pack online orders. I had to do that during Christmas and everyone on overnights was either high as fuck or dumb/uncaring as fuck so online orders would be completely fucked-up. Oh, and also, we had to do our regular jobs on top of that so I would be there for 15 hours messing-up everyone's orders because they forgot that there is such a thing as people stealing or breaking toys at store-level so inventory was always fucked-up. (FOR FUN READ THEIR FACEBOOK PAGE DURING CHRISTMAS MONTHS, HUGE AMOUNTS OF COMPLAINTS AND YOU ALL KNOW WHY NOW. DO NOT BUY OFF THEIR WEBSITE DURING CHRISTMAS.) Seventh, do you know how much money we wasted with letting customers return everything? The corporate is more worried about "customer service!!1" than worrying about fraudulent returns which ran rampant. "Ugh my Power Wheels had a tiny mark on it I want a return!!" "Sure thing, here let me give you another Power Wheels and take 50% off please don't give us a bad survey" REALLY??? Eighth, their stores are never staffed. Ever. Most days it would be me, a manager, and like one or two other people running a very busy store. If corporate doesn't want to staff their stores, at least put in self-checkouts or something. I have PTSD from nasty parents screaming in my face that they can't find help while I have a line stretching down the aisles. I actively avoid stores like Kmart who never have any cashiers. Waste of time and money. There are so many other dumb reasons I could tell you all, but it just boils down to poor management of the business. Their priorities are wrong. They do not care about their employees (district managers would yell at us for stupid shit like instead of saying "what can I help you find today?" we would just say "hello" or "need help?" and the management at our store were all lazy assholes who didn't want to work and blamed everything on us when the corporate asshats would call them out on something.) Karma, assholes.
@cureholly.
@cureholly. 6 жыл бұрын
bacchiguu86 Lol ur pfp doesn't look like ur a adult but idc lmao
@jessepinkman8821
@jessepinkman8821 6 жыл бұрын
You nailed it. Terrible management from corporate. I always hated doing vendor work in there because the store would be so hot, because corporate controlled the thermostat and wouldn't even let the manager turn down the A/C!! Not that it needed to be done for me, but who wants to shop in a hot store in the summer? Idiots.
@CandyHatsuneWolff
@CandyHatsuneWolff 6 жыл бұрын
Jesse Pinkman Sounds like Sears. It was always roasting, and starting in October, the only music we played was Elvis Christmas songs. Customers actually complained.
@francisdhomer5910
@francisdhomer5910 6 жыл бұрын
I agree with the signing. My ex works for a Dollar store and she spends half her time putting up signs for special this or that. You look down an aisle and you see special this and special that tags hanging all over the place. Sensory overload and you end up looking past them. One other complaints that I have is Corp does not let the local manager decided what to have on the shelves. We are rural and north. Sleds and other snow related toys go good, but we want something different than say a kid in NYC. What may be popular in one area of the country may not be even liked in another. Give more control to the store manager. Just my free opinion that is worth even less.
@AS-bq7sc
@AS-bq7sc 6 жыл бұрын
The fraud returns is why sears went out of business. They made us return old luggage with holes from six months ago that was clearly used for a rough vacation and used underwear with piss stains (WOMENS not even a child’s) they would put back up to sell... which is also illegal in Canada
@MasterCrash123
@MasterCrash123 4 жыл бұрын
I like how a lot of these decline videos point out that people blame the internet; it reminds me of The Fairly Odd Parents: "Sir, our company is experiencing a decline in sales." "What is causing all of this?!?" "Uhhh...the internet?"
@matt309
@matt309 4 жыл бұрын
Anyone remember going through the lego section at toyrus
@CCP-Lies
@CCP-Lies 2 жыл бұрын
Yep i remember it, i always beg my dad for a lego set and he refused, sometimes if I'm lucky, I'll get one Ah good times
@izzyhope3810
@izzyhope3810 6 жыл бұрын
I remember that toys r us called me on my birthday when I was younger
@trainfan4449
@trainfan4449 6 жыл бұрын
it was something called the Toys R Us Birthday Club. i remember having that happen when i wa like 7 or 8 and they had a recorded message from Geffery on it. it was an amazing feeling to get invited to come in and get a free Hot Wheels car or truck. for the three that i got that i didnt get to use, they are still sealed as a testimit to the fact of the day.
@LaMuffin-il7ei
@LaMuffin-il7ei 6 жыл бұрын
trainfan4449 awww
@wow123759
@wow123759 6 жыл бұрын
I was a part of the birthday club when I was younger, I got a discount on ps2 games :^)
@nintendofan7586
@nintendofan7586 6 жыл бұрын
I remember getting a gift card for toys R us in the mail on my birthday, it was my favorite part of my birthday
@dylanr4854
@dylanr4854 6 жыл бұрын
saaammmeee but his name was Geoffrey btw lol
@waterzipper
@waterzipper 6 жыл бұрын
****Spoiler alert**** toy r us goes out of business in 2018
@tomjack1000000
@tomjack1000000 6 жыл бұрын
Matthew Kalinowski hahahaha
@veretxnerd983
@veretxnerd983 6 жыл бұрын
3 months ago gadamm
@tomjack1000000
@tomjack1000000 6 жыл бұрын
Hoon Hong no need to be an ass about it
@ovulatinfish
@ovulatinfish 6 жыл бұрын
Matthew Kalinowski welp they are all closed now.. rip.
@xxrottenmochixx4373
@xxrottenmochixx4373 6 жыл бұрын
Nooooot miinnnee
@TomatoFettuccini
@TomatoFettuccini Жыл бұрын
I think you can sum up all of these "The Decline of X: What Happened?" in a single video: Reaganomics and the birth of the corporation. Most of these businesses were already in minor decline but all these businesses became corporations, which allowed the executive branch to loot the company coffers.
@dropatacoshell
@dropatacoshell 3 жыл бұрын
*“I love comic sans.”* - me
@brickman409
@brickman409 6 жыл бұрын
I'm honestly not that surprised they went bankrupt. I was in a Toys R Us a few months ago, it was pretty empty inside and the place just felt like a dump. It was kind of dirty, all the little coin operated kiddie rides in the front were out of order, and they only had one cashier working there(Which I had to wait a few minutes for him to get off break so I could buy a damn Monopoly board).
@dsnodgrass4843
@dsnodgrass4843 6 жыл бұрын
Yeah, a sure sign of a company being milked out by their investors/owners is drying up investment in day-to-day operations. No doubt TRus was.
@jacobsvideo96
@jacobsvideo96 6 жыл бұрын
Should have just ordered Monopoly board from Amazon hate to say it but the site sells just about everything
@brickman409
@brickman409 6 жыл бұрын
+Jacob Parker Normally, I would've but I needed it that day, so that's why I went to Toys R Us that one time. I know Amazon has same day shipping, I'm a prime member, but you need to spend like $30 or more to get the free same day shipping and a monopoly board is only like $15
@ricardio1814
@ricardio1814 6 жыл бұрын
But which chapter of bankruptcy is toys r us in? that's the real question.
@ForceofNature99
@ForceofNature99 6 жыл бұрын
Chapter 11 mostly likely.
@tishamac529
@tishamac529 6 жыл бұрын
Yes, I have a theory as to how Toys R Us could have stayed competitive. I think they should have redesigned their store layouts. Made it more open floor, and had workshops for kids to play, and floor models to manipulate. Often I’d go to their stores and felt trapped and sandwiched in between aisles. The combination of forced claustrophobia and high priced made it less likely to walk out with a purchase. Just did not want to stay long. Had they made their stores more interactive, play friendly and purchased innovative, edgy toys from manufacturers that we could actually see, not hidden in cramped isles, they might have had a chance. They could have grabbed onto what online retailers can’t offer, vested interested in interactive play in-store. And in order for that to work they would have to apply that business model company wide not just to flagship stores or high volume stores but modernize all of them into an open play format featuring “products of the week” or “products of month”. Spacious floor design so people don’t feel trapped or unwelcome.
@ScubaSteveM45
@ScubaSteveM45 5 жыл бұрын
Doesn't matter, the real killer was how kids just don't have anything to do with toys anymore. If its not some kind of video game they won't touch it. Kids have forsaken all IRL toys, its all cartoon videos, mobile app games and nothing else.
@UBvtuber
@UBvtuber 5 жыл бұрын
@@ScubaSteveM45 "Them kids these days are at fault, playing gta 5 instead of having imaginations or running outside. Back in my day i drank from hoses and ate dirt! RARARA"
@ScubaSteveM45
@ScubaSteveM45 5 жыл бұрын
@@UBvtuber hold up now, I had the NES and later the Super Nintendo as a kid and later teen, but little (
@jamiemartin369
@jamiemartin369 4 жыл бұрын
I used to play with all the toys when I was younger. Some kids got hurt playing and insurance made them stop letting children try some toys out first. That store in Saginaw Michigan is now closed. Very sad.
@Hi-nu6sg
@Hi-nu6sg 4 жыл бұрын
The new store they opened up in New Jersey has a McDonald’s kind of play area, there is different sections for each product
@EIBBOR2654
@EIBBOR2654 Жыл бұрын
This is the first time I saw this and I think you are partially right. By the time Toys R Us got big in the late 1970's or early 80's I was an adult with kids of my own. I do remember the commercials that seemed to be on all the time close to Christmas. Toys R Us was the place to go for the latest and greatest toys. Growing up as a kid myself, after school TV and Saturday morning cartoons were big as were the very first prime time cartoons, The Flintstones that first aired Sep 1960, Top Cat First aired Sep 1961, The Jetsons first aired Sep 1962 and Johnny Quest first aired Sep 1964. The first prime time cartoons were aimed at adults. My mom liked the Flintstones and Top Cat, dad wasn't much for cartoons but would sit in some times. I can still remember when the Flintstones had their baby girl and Hanna Barbara made a big contest for the public to come up with a name for her. Someone submitted "Pebbles" and won the contest. But back then we only had 3 TV stations, 4 if you include PBS. Most kids spent a lot of time out doors playing and mom's would get annoyed with Saturday morning cartoons and chase us out of the house. I think the heyday for Saturday cartoons and cartoon in general were the 1980's and early 90's. Just about everyone had gone from the old TV antenna that was limited to what was local to cable by the 1980's and you have to remember that life was different. There were no cellphones, yet alone smart phones and though the PC computers started to come out in the early 80's the internet only became available in the home as dial up over phone lines in 1991 and it wasn't until 1992 or 4 when websites for everyday use started to become available. If you didn't have something like an Atari and played outside. The TV cartoons were still a big thing for kids and the bulk of toy sales were from the commercials that ran during those times and Toys R Us became a big thing back then. But 1990 was the start of the end for Saturday morning cartoons because of some of the more liberal parents that objected to the cartoon violence, the commercialism and more that they hated. Left wing liberals always are a kill joy. Look at how they have about killed comedy today. With the rise of the internet, gaming started to become popular on the internet in the late 1990's. But really kicked off when the dial up internet went to cable high speed. As the old cellphones became smartphones in the 2000's parents started giving them to kids to play games to keep them amused and quite. The last of the Saturday morning cartoon shows died about 2014. As the cartoon shows died so did the commercials. As the internet grew with gaming, kids no longer played outside and became lazy. Kids and people in general became impatient with overnight internet ordering. So as the kids stopped playing with toys Toy R Us got cheep and sloppy. The last time I went to one was back in the late 90's and the sales people were few, didn't want to be bothered and had bad attitudes. Kids lost their imagination, tolerance and patients, became more addicted to gaming, internet social sites, smartphones and became lazy. They have also lost the most important thing in life, common sense, what real life is like and how to handle disappointments. With that Toys R Us just died due to the lack of kids imagination and interest in toys. Now today with everything either being bad in some way or racist for the most ignorant reasons and no one is allowed to make jokes or have fun and the gay groomers after kids and every immoral agenda you can think of is being pushed on kids, it's no wonder that Toys R Us died and toys in general are fading away fast. Kids are being programed through gaming, social sites and schools, becoming little robots with little or no imagination, no patients, angry, lazy and are never fulfilled and lashing out. They have no control over their emotions nor can they figure out complicated problems or life situations. At least most are like that and it is growing. Take a cellphone away from a kid and they go catatonic and you could wind up with a child abuse charge. When I was a kid I loved to build models dreaming of the day I could be a Bomber or Fighter Pilot, walk on the moon or Mars, played board games to 3 am with friends, worked complected wooden puzzles and played outside. I hated to be stuck indoors. Later I enlisted in the military and all that helped me cope with some of the toughest times in my life. I became a Machinist and those models and puzzles among other things also helped me figure out how to take things apart, how to put them back and how go together, or what they look like before I make it, in my head. I didn't and still don't need a picture or a video on projects except for the most complicated items when parts are hidden. I also know how to survive and hunt for food on my own if need be. There are very few adults today that can say that. Kids need to be exposed to the outdoors, models, hands on puzzles, how to handle disappointments or bad people in real life. they can't learn it on a computer. Sorry I got a bit off track, but toys and many other things are a big part of growing up for kids and Toys R Us was a part of that for a time. I guess what I'm trying to say, let kids be kids, its important. Stop trying to make them what they are not and can never be, Yes I'm talking about the sex gender BS. I'm also talking to those that hover over their kids, making sure they don't get hurt in any way is not doing them any good, when they encounter pain later in life and you are not there. It is the same with all this BS racism brainwashing going on today and the gender brainwashing. And for what? To start another race war? A revolution? Another civil war? The adult children today are doing more harm than good. There was a time, back in the 1980's that blacks and whites were closer than ever, times were good. What happened? The race baiters on both sides didn't like that because they were losing their importance and the real racist were losing their minds, so they had to stop it. Sad and dangerous times we are living in, getting worse and there is no end in site.
@jamesa7506
@jamesa7506 9 ай бұрын
Wow my friend, hope that helped get a load off your back. I agree with you in what you've said. The times are changing and not in a good way. Thanks for your input! 👍✝️🇺🇲💪
@MissChaoticBun
@MissChaoticBun 4 жыл бұрын
RIP Jeffery., May You Forever Be In Our Hearts. Some of my best toys are from there
@liammccauley3741
@liammccauley3741 6 жыл бұрын
Who else is here because Toys R Us is officially out of business
@mguerrrero
@mguerrrero 6 жыл бұрын
Rordan Gamsey it went with the lamb sauce
@FREERYU100
@FREERYU100 6 жыл бұрын
M Guerrero lol
@valeriagisellereyesvazquez4590
@valeriagisellereyesvazquez4590 6 жыл бұрын
Rordan Gamsey ne
@nunyabiznis817
@nunyabiznis817 6 жыл бұрын
Amazon, Walmart, Target, and many others. The day of the Brick and Mortar toys store is gone.
@chargermaster586
@chargermaster586 6 жыл бұрын
Nunya Biznis The days of Store exclusives and small business is dead we live in a era of big money.
@Minnie_Bear
@Minnie_Bear 6 жыл бұрын
You also can't forget about advertisement. When was the last time anyone saw a Toys R Us commercial. No matter how big your company gets, you can't lose focus on the advertising aspect. Wal-Mart always has commercials, radio ads, etc and they're doing just fine.
@jumpman366
@jumpman366 6 жыл бұрын
EXACTLY!!!! All these clowns here talking about amazon and kids no longer using toys lol where the hell do they get this information? The answer is so simple. Lack of solid marketing and they're highly leveraged. BOOM
@1120go
@1120go 6 жыл бұрын
You really can't compare Walmart to TRU. It's 2 completely different businesses
@hexostatus4658
@hexostatus4658 6 жыл бұрын
Walmart and TRU are retail stores. They just have a different catalog.
@cursedkevin
@cursedkevin 6 жыл бұрын
MinnieBear I just saw one like yesterday.
@seraphcutie8457
@seraphcutie8457 6 жыл бұрын
MinnieBear there’s so many commercials where I live, I see toys r us ads all the time
@yjulaidan
@yjulaidan Жыл бұрын
I think the biggest factor behind their decline is the shift to digital gaming...Online games and apps have unfortunately taken over our kids & teens lives. Their sales growth couldn't keep up with leveraged debt over time and they could've modified their business model to cope with this, but they didn't. Online competitors are secondary factors.
@Zumxie
@Zumxie 4 жыл бұрын
I’m in Canada 🇨🇦 and toys R us is still alive
@marcelabuliga9067
@marcelabuliga9067 3 жыл бұрын
Uh no
@SegaDisneyUniverse
@SegaDisneyUniverse 6 жыл бұрын
"I don't want to grow up... I wanna be a Toys-R-Us kid!"
@SkumleBones
@SkumleBones 6 жыл бұрын
always
@andreaskennedy6337
@andreaskennedy6337 6 жыл бұрын
SegaDisney same 😢
@sorentheg
@sorentheg 6 жыл бұрын
Grow up. Technically on Amazon, since they get the product from the company directly it will be cheaper.
@jjgameshow2682
@jjgameshow2682 6 жыл бұрын
SegaDisney toys r Us is been around for many years now it's gonna close :(
@llenn154
@llenn154 6 жыл бұрын
*buys a smartphone*
@lefin.9758
@lefin.9758 6 жыл бұрын
Because kids have iPads and don't play with Toys anymore?
@earlgrey7657
@earlgrey7657 6 жыл бұрын
Illicit Films Spot on
@ash_aiden
@ash_aiden 6 жыл бұрын
Illicit Films and parents won't take their kids to toys r us (my experience)
@BigDaddy0170
@BigDaddy0170 6 жыл бұрын
EXACTLY
@ducksoop.x
@ducksoop.x 6 жыл бұрын
Even when I was a kid I mostly got video games from Toys R Us. The only toys I was ever big on were Legos.
@angelcalderon5680
@angelcalderon5680 6 жыл бұрын
Isaiah vlogs probably, saying as most teenagers don't play with toys to begin with
@Bluespark_animation
@Bluespark_animation Жыл бұрын
The real reason why the "R" is backwards is to depict a child drawing the word backwards on accident (I think)
@GrandPrix46
@GrandPrix46 Жыл бұрын
I loved Toys R Us as a kid, and it sucks my youngest daughter (6 now) won't get to experience walking around playing with all the different toys like I did. I also have an 18 year old daughter and luckily we were able to take her when she was younger, though I'm not sure she remembers or not.
@MoonPrincess456
@MoonPrincess456 6 жыл бұрын
Sadly Mr.Lazarus died yesterday. When it rains it pours :(
@pawelpatyk1305
@pawelpatyk1305 6 жыл бұрын
no wonder toys r us closed down why
@chromosoze
@chromosoze 6 жыл бұрын
pouring is a synonym of rain
@nataliecwine
@nataliecwine 6 жыл бұрын
I wasn’t too surprised. Every toys r us I’ve ever been to has had that Kmartish feel.
@bigdoublej74
@bigdoublej74 6 жыл бұрын
A Person no sure which ones you are going to but the 3 here in central Ohio are far from kmartish
@weston9106
@weston9106 6 жыл бұрын
I feel you 3000% I was thinking the same thing!
@enlightenedg3843
@enlightenedg3843 6 жыл бұрын
Recently? Yes, so far I've got to agree
@pinkdolly
@pinkdolly 6 жыл бұрын
A Person YES
@Dragonmastur
@Dragonmastur 6 жыл бұрын
I live in a very nice community, and what few Toys R Us we have feels like Kmart
@ericthurston8037
@ericthurston8037 4 жыл бұрын
Ok... you cant beat the absolute joy and excitement of seeing your toys live and buy them !!
@DRNicholasJones
@DRNicholasJones 3 жыл бұрын
Love your channel so informative & entertaining :)
@dimefever1006
@dimefever1006 6 жыл бұрын
This is sad, I went to Toys R Us last year shopping for my nephew the atmosphere was not the same as I remember as a kid...Children's Palace was my favorite store as a kid...and it just disappeared same will happen to Toys R Us...Wal-Mart prices are ruining a lot of businesses.
@pacman5698
@pacman5698 6 жыл бұрын
Fucking Wal-Mart...
@Dargonhuman
@Dargonhuman 6 жыл бұрын
I worked for a Toys R Us during the Recession, and they got hit hard by that plus competition like Wal-Mart and Amazon. A buddy of mine who still works there says they never fully recovered from that, especially since the Recession took hold a couple years after the buyout.
@geekychannel2543
@geekychannel2543 6 жыл бұрын
Wal-Mart sells the same toys at cheaper. As a teen I used technology as my entertainment and didn't have friends to do teen stuff with. As a young adult and teen I was accutely aware of how overpriced the cheap plastic is from anywhere save forgien sites that ship from china, so I learned stuff to build things. The knowledge itself was entertaining. Toys aren't as engaging anymore either. They're all automated and have specific purposes unlike an old wooden block car.
@CosbyTheCaterpillar
@CosbyTheCaterpillar 6 жыл бұрын
LOL Walmart is a third world shithole.
@ZLT_90
@ZLT_90 6 жыл бұрын
I have to agree with your view. I remember toys r us being a magical place with lots of cool displays and fun events happening all around the store. The employees were fun and engaged the kids. Now when I shop for my 4 year old. I go there and it is a messy unorganized disaster zone. There are very few toys even out of there boxes. I believe with very minor employee restructuring, it can be right back where it was. As a kid you want to be able to play with toys before you buy them. Going and browsing with this week's allowance is what keeps a place like that going strong. With better management it could be amazing once again.
@dylanperry8465
@dylanperry8465 6 жыл бұрын
My childhood is going bankrupt
@Realdealrob
@Realdealrob 6 жыл бұрын
Shadowknight Plays alot of mine have been butchered by michael bay
@gmcnewlook
@gmcnewlook 6 жыл бұрын
Yeah .... aside from Canadian tire and toysrus, all the chains I frequented as a kid are gone (Kmart,Zellers, sears (pretty much dead) future shop, biway )
@rickyspanish3053
@rickyspanish3053 6 жыл бұрын
I kept mine in a PlayStation 2 memory card 😎
@fezzes428
@fezzes428 6 жыл бұрын
i died a bit when i heard toys r us ny shut down, i went there every weekend growing up
@bread9132
@bread9132 6 жыл бұрын
Shadowknight Plays you play minecraft, you're still a child
@demetriousriley4869
@demetriousriley4869 3 жыл бұрын
If toys r us identifies what they sell, then... Kids r us... Oh no
@princessmarlena1359
@princessmarlena1359 4 жыл бұрын
Toys “Я” Overpriced
@SmoothRiker
@SmoothRiker 6 жыл бұрын
Once I heard about the bankruptcy I knew you would make a video about them, but I had no idea it would be this quick. Your channel rules!
@The88trainwreck
@The88trainwreck 6 жыл бұрын
Permalight I know right!!!
@daxerbreh
@daxerbreh 6 жыл бұрын
Permalight you're*
@Hot18Shot
@Hot18Shot 6 жыл бұрын
And it being well-informed and thoroughly researched as well.
@ricardio1814
@ricardio1814 6 жыл бұрын
But which chapter of bankruptcy is toys r us in? that's the real question.
@BlueflagAlpha
@BlueflagAlpha 6 жыл бұрын
he is awesome
@mypenishuge3499
@mypenishuge3499 6 жыл бұрын
I remember when I was a kid that for my bday I would go here I guess now my future kid will never go here :(
@madsvstheworld
@madsvstheworld 6 жыл бұрын
this is so sad omg
@asoingbob5322
@asoingbob5322 6 жыл бұрын
Overpriced anyway
@TeenyTonnie
@TeenyTonnie 6 жыл бұрын
There's still hope. Don't let go.
@tommycoolcat8215
@tommycoolcat8215 6 жыл бұрын
Capt2 Armored aces We have hope I want my kids to go to
@speedracer123222
@speedracer123222 6 жыл бұрын
Capt2 Armored aces yeah I remember going there all the time but now I lost interest in what types of stuff they sell I don’t see LEGO sets much anymore or something like hot wheels or Barbie. If they had those stuff I think it will earn more interest. Btw I dont play with barbies I just know others do.
@rileyesmay
@rileyesmay 4 жыл бұрын
I really just thought it was due to different toys being sold. I went there as a kid and got the movie cars little diecast cars and once I got to be about 10 stopped because I turned my attention to the wii, dsi, ps3, and now ps4. I felt they never had the consoles on sale. I also only went as a kid because of their exclusives that nowhere else had. I thought that was why they went under, but it is why they never recovered from the debt I guess
@JaggedBird
@JaggedBird 4 жыл бұрын
Frankly Smith's toy superstores here in Ireland kinda had them beat come around 2004. They didn't feel cramped and some toys were on display you could play with. They kept improving. They moved from normal toys to things like bikes, trampolines, go karts, videogames etc. They adapted. Toys R Us didn't.
@brianwalters8641
@brianwalters8641 6 жыл бұрын
Died 3/14/2018. RIP Geoffrey
@xyzzy219
@xyzzy219 6 жыл бұрын
Brian Walters Pi Day
@kyrgyzjeff4550
@kyrgyzjeff4550 6 жыл бұрын
Kilobit [GD] He ate too much pie, that’s he died ;)
@MoonPrincess456
@MoonPrincess456 6 жыл бұрын
Sadly, Mr.Lazarus actually died yesterday
@ginacinnaroll5384
@ginacinnaroll5384 6 жыл бұрын
Brian Walters pi day
@ginacinnaroll5384
@ginacinnaroll5384 6 жыл бұрын
Kilobit [GD] sorry I did not see your comment that’s why I copied it
@VegasCyclingFreak
@VegasCyclingFreak 6 жыл бұрын
I'll never understand why businesses do this kind of thing. It's just not smart.
@throckmortoncloutchaserswo9850
@throckmortoncloutchaserswo9850 6 жыл бұрын
Vegas Cycling Freak Because they have no money
@VegasCyclingFreak
@VegasCyclingFreak 6 жыл бұрын
I understand that, but it's bad business. It's like what was happening here in Las Vegas before the mortgage bubble blew up. They were giving people huge mortgages on stated income loans for mortgages that were like 3-4 times more than what they could really afford.
@hairyfro
@hairyfro 6 жыл бұрын
It's bad for the company being acquired, but for the company acquiring them, it's a win-win. KKR and Bain (Mitt Romney's old company) get to buy Toys R Us with, for the most part, the bank's money. They need to put very little up themselves. They then get to put all that debt on Toys R Us's balance sheet. If the company does great, then great, they own a valuable company with very little risk. If the company fails, that's fine too. They didn't have much at risk and besides they got to pay themselves out of Toys R Us's profits for all the years before it did go bankrupt. Don't you wish you were a capital investment company??
@VegasCyclingFreak
@VegasCyclingFreak 6 жыл бұрын
Nicholas Stahl -- Yeah, then I wouldn't be stuck in the f*cking house that I'm still $80K upside down in.
@handles_are_fucking_stupid
@handles_are_fucking_stupid 6 жыл бұрын
dumber for the bank honestly
@Unicornmazda
@Unicornmazda Жыл бұрын
My best memory of toy r us was my 8th birthday in 2009, and my mom and I went to toys r us and I picked out some littlest pet shops and some stuffed animals. Then we went to chuck e Cheese’s with my family.
@JJMHigner
@JJMHigner 3 жыл бұрын
Love your channel. You should do a double video on Ames and Hills and their joint fates.
@douglaspantz
@douglaspantz 6 жыл бұрын
I hate the fact that I can't find the comic sans comments.
@shihanana
@shihanana 6 жыл бұрын
Can't find them either
@irenec4876
@irenec4876 6 жыл бұрын
Me neither
@therealbomb_com8774
@therealbomb_com8774 6 жыл бұрын
Douglas Pantz They probably deleted it after they found out that theu were mentioned.
@KhryausOHowl
@KhryausOHowl 6 жыл бұрын
My phone font is in comic sans
@spiffyandres2113
@spiffyandres2113 5 жыл бұрын
Same
@meroastisruined3039
@meroastisruined3039 6 жыл бұрын
They make everything 3x more expensive than everywhere else
@DSan-kl2yc
@DSan-kl2yc 6 жыл бұрын
Nathan Beck the opposite of what you'd think with such a specialty and large store. They should combine the clothes and furniture aspect.
@nukinwalruses5508
@nukinwalruses5508 6 жыл бұрын
Nathan Beck 27 times*
@BlueEngland
@BlueEngland 4 жыл бұрын
I personally enjoy Comic Sans, not to be different, but genuinely don't dislike it. It's different than others, and just...perfect for some situations. For cartoony video games, thumbnails, and actual cartoons. Comic Sans is pretty much one of my favorite fonts to this day! This is a repost of another comment but not about hating Comic Sans, if you want to stand up for Comic Sans then go to KaynimGaming and leave a big fat dislike on anything of theirs
@v2sauce
@v2sauce 4 жыл бұрын
It used to be my favorite font Until wingdings showed up But ye People dislike it for dumb reason It's underrated
@finalfroggitapproaches6418
@finalfroggitapproaches6418 4 жыл бұрын
I blame online shopping. Why drive to a store and spend $25 on a doll that may or may not be in stock when you could buy it on amazon for $20 and have delivered?
@aurelia1727
@aurelia1727 6 жыл бұрын
There goes my childhood.....
@fullnonsense3624
@fullnonsense3624 5 жыл бұрын
Buff Suki all fortnite fault
@natashariverasanchez5673
@natashariverasanchez5673 5 жыл бұрын
Same
@berict
@berict 5 жыл бұрын
Remember picking a link to the past out on the glorious wall of brand new snes games? Oh my Lord, good times.
@jjjruizjjjruiz938
@jjjruizjjjruiz938 5 жыл бұрын
Same
@militantacecolleti5208
@militantacecolleti5208 5 жыл бұрын
😭😭😭💔
@CraftySouthpaw
@CraftySouthpaw 6 жыл бұрын
Anyone else suddenly feel an urge to visit Toys R Us one last time? I haven't set foot in one of their stores in almost three decades, and I don't even know what they currently sell or what I'd do there... but I just feel a sort of empathy for something that was such an instrumental part of my childhood.
@stonevillage2835
@stonevillage2835 6 жыл бұрын
Definitely 😥
@mkscorp9152
@mkscorp9152 6 жыл бұрын
CraftySouthpaw i want/wanted to but didn't get a chance tbh
@Sophiebryson510
@Sophiebryson510 6 жыл бұрын
I did about 1 day before it went bankrupt
@addie-eileenpaige6460
@addie-eileenpaige6460 6 жыл бұрын
CraftySouthpaw Customer service sucks and there's not much left on the shelves.
@stevenliang3213
@stevenliang3213 6 жыл бұрын
CraftySouthpaw : Don’t go! These past several years Toys R us products have been horrid. Qualities and innovation are not once was. Nothing but cheap crap now
@dammianserrano5466
@dammianserrano5466 2 жыл бұрын
I remember the last time I went to my local toys r us. It was going to close so they had a huge sale and I never knew that it may be the last time I’ll ever go to toys r us again 😔
@soulwork333
@soulwork333 3 жыл бұрын
Should have had a drive-thru like Burger King with birthday/Christmas options pre-wrapped. “I’ll have a number 2 for my nephew’s second birthday”
@ryanthompsonthompson820
@ryanthompsonthompson820 6 жыл бұрын
They are too expensive.
@alejandromolinac
@alejandromolinac 6 жыл бұрын
They do price match.... they got huge posters so it ain't a secret.... I use it all the time...
@freedamerican5243
@freedamerican5243 6 жыл бұрын
All Toys R Us are closing. R.I.P. 😭😭😭😭😭
@clar1nettist204
@clar1nettist204 6 жыл бұрын
Michael Rowe nothing Canada
@latoyascott2584
@latoyascott2584 6 жыл бұрын
Michael Rowe
@timtim523
@timtim523 6 жыл бұрын
There is one open where I live.
@tpecanadaoldchannel5298
@tpecanadaoldchannel5298 6 жыл бұрын
Tim Tim same
@harkmiguelcarandang759
@harkmiguelcarandang759 6 жыл бұрын
Not in philippines
@dragnridr05
@dragnridr05 2 жыл бұрын
When I seen Toys R Us stopped carrying toys that older kids enjoyed, and they carried more and more baby and toddler toys, they would decline. They stopped carrying collectible toys, stayed way behind on electronic toys and games is when they declined to the death spiral. Games Workshop is another company doing the similar death spiral. They keep raising the prices, not listening to the customers, and refuse to change and it is costing them. GW is now starting to spend more and more on legal fees suing people who 3D print and sell GW figures for less than HALF of GW's prices and it is starting to hurt GW. It was sad to see Toys R Us go, but not listening to the customers and having prices to high that other places that can beat those prices will kill a business faster than any debt can.
@stealthy_clips1
@stealthy_clips1 Жыл бұрын
I live in Australia and I go to Garden City to shop. I’ve been living there to 5-4 years. When I saw Toys R Us Closed and employees taking stuff out, I was confused. Crying rn 😭
@EternalyRandom
@EternalyRandom 6 жыл бұрын
The last time I went to a Toys R Us was years ago. It felt like they just piled toys on the shelves, no real organization and lack of care. Kids where running around playing with some of them making a mess. And the prices where way more than I was willing to pay.
@dodgydavetime1943
@dodgydavetime1943 6 жыл бұрын
Eternaly Random true same in the UK
@DarthViper3k
@DarthViper3k 6 жыл бұрын
I have to disagree with your assessment on the company's situation. If you take a look Toys R Us has actually received an additional $3 million loan from JP Morgan for, as they describe, "Operating Expenses". A company taking out a loan after filing for chapter 11 in order to pay for operating expenses doesn't sound good. Looking at their Q4 2016 financial report they reported a net operating loss of $84 million. From what I can tell, due to this loss, in Feb of 2017 the company laid off 15% of the HQ staff. The same financial sheet is reporting revenue growth.... so sales isn't the problem.. they have plenty of revenue. Their problems are far more complex than that. In fact looking at the fact they're growing their revenue I doubt Amazon is really having any impact on them. (Though I had initially agreed with that assessment). The timing of the bankruptcy is actually somewhat telling. Toys R Us took out some bank bonds which have depreciated in value (by half) and are now due in 2018. From everything I found online.... the 6.6 Billion in debt you mentioned isn't even the whole story. The company also has an additional 5 billion in long term loans they're looking to get restructured under Chapter 11 protection. 11.6 billion in debt.... the afore mentioned bonds are an additional 500 million in debt, 12.1 billion..... (15.1 billion if you include the new loan from JP Morgan) Toy's R Us total reported revenue in the 2016 fiscal year was only 11.2 billion..... less than their debt..... and their operating loss of $84 million.... Their operating costs from the looks of it is outpacing their revenue and revenue growth. In addition to the Chapter 11 bankruptcy the company will be closing 1630 "under performing" stores and with them terming 24,000 employees. Which is interesting since they just opened an additional 26 stores during the 2016 fiscal year. From what I gather... to me at least, it seems as if the company is basically upside down much like K-Mart Holdings and being mismanaged. If a companies operating costs is outpacing revenue growth... that spells disaster. Finding additional articles discussing venders not wanting to work with Toy's R Us as well. I didn't dig too deep on that so I don't have all the details. Like you said though.. its difficult to really assess a situation so close to its chapter 11 filing as well as while its still under chapter 11 protection. We'll have to wait and see what bankruptcy court has to say and see what history shows us. edit: I would love for you to dig deeper into this topic, much like you did on your k-mart video, and revisit this. Mostly because I'm not a financial guru and love your insight on these topics... but I feel like you haven't given this topic the same attention to detail that you gave your k-mart video.
@geekychannel2543
@geekychannel2543 6 жыл бұрын
Toys R Us has the debt of a small government.
@blackice214
@blackice214 6 жыл бұрын
I use to work for them when I was in my undergrad years from 2013-2014, they made 82% of their yearly revenue during the holiday season.. I saw it coming , i work at a hedge fund in dallas now and we work with bain capital alot on several medium contracts to restructure debt, kinda sad to be honest
@Chthonian121
@Chthonian121 6 жыл бұрын
Very nice comment well said
@roblexneeb4846
@roblexneeb4846 6 жыл бұрын
Of course now let's say it's rushed and crap
@companyman114
@companyman114 6 жыл бұрын
Your comment confuses me DarthViper3k. I didn't say 6.6 billion in debt, that was the acquisition cost. I think the 5 billion you're referring to is the same as I showed for their long term debt in the graphic, which includes any previous debt they had in addition to the debt from the buyout. Also your revenue to debt comparison is a little confusing. Could you tell me exactly what you disagree with more concisely?
@Epicgameryomoma
@Epicgameryomoma 4 жыл бұрын
I only went to that store 3 times in my life yikes
@zitofan4life
@zitofan4life 7 ай бұрын
I remember as a kid my mom trying to convince me Walmart had a better selection of toys than Toys R Us. I was like the store is entirely toys. No doubt she just didn’t wanna make another stop, and now as an adult, I fully realize that and understand not wanting to stop at a toy store with a hyper, indecisive kid 😂
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