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posted by Fnord666 on Tuesday September 19 2017, @08:58PM   Printer-friendly
from the bankruptcy-r-us dept.

Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts.

The firm was once a dominant player in the US toy market, but has struggled against larger rivals such as Amazon.

The move casts a shadow over the future of the company's nearly 1,600 stores and 64,000 employees.

The firm's European operations are not part of the bankruptcy proceedings and Toys R Us says it does not expect any immediate impact on its UK stores.

Toys R Us's operations in Australia, about 255 licensed stores and a joint venture partnership in Asia are also not included in the bankruptcy move.

[...] The bankruptcy filing is more evidence that traditional retailers are struggling in the US, as online retailers continue to capture market share.

Amazon marches on, or we're just at 'Peak Toy'?


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  • (Score: 2) by takyon on Tuesday September 19 2017, @09:31PM (5 children)

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Tuesday September 19 2017, @09:31PM (#570373) Journal

    With Amazon reviews, assuming you can weed out the fake one, you can find out how flimsy it is without touching it. And you can get a wider variety of stuff that kids could find amusing to stuff in their mouths, like magnets, metallic play-doh, syringes, and chemistry kits.

    Probably next-in-line-for-killing-Toys-R-Us-is-Wal-Mart. The last store I was in seemed to have a pretty extensive toy/bike/etc. selection, not to mention the Halloween in September crap and loads of candy. More than good enough to make kids get their whine on. There's also Target and maybe Best Buy. All of them offering more stuff for parents to look at.

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  • (Score: 4, Funny) by requerdanos on Wednesday September 20 2017, @12:09AM (3 children)

    by requerdanos (5997) Subscriber Badge on Wednesday September 20 2017, @12:09AM (#570442) Journal

    With Amazon reviews, assuming you can weed out the fake one, you can find out how flimsy it is without touching it.

    How about The Next Person might find out how flimsy it is because I wrote a review pointing it out...

    But they also might not, because my review is placed among reviews written by idiots ("Grate product! I bought it for my sister's kid and she toatlly tried it reel well and it did not brake. Five Starse!") and outright fake reviews ("This real good product, I totally speaker native, not paid shill. Very nice product whatever it is. 谢谢.").

    I know -- maybe we can somehow get a place where we can go see, touch, and try the products in person. Man, that would be nice. I would totally do that, as long as I could later buy the product online at deep discount so the try-it location doesn't make any money or anything.

    Hmm. All the ideas in this response seem to have problems.

    • (Score: 2) by takyon on Wednesday September 20 2017, @12:58AM (2 children)

      by takyon (881) <takyonNO@SPAMsoylentnews.org> on Wednesday September 20 2017, @12:58AM (#570463) Journal

      Your opulent air-conditioned Toys-R-Us is apparently an unsustainable business model. Go to Wal-Mart instead.

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      • (Score: 1) by Paradise Pete on Wednesday September 20 2017, @11:30AM (1 child)

        by Paradise Pete (1806) on Wednesday September 20 2017, @11:30AM (#570582)

        Walmart is not air-conditioned? Toys-R-Us is opulent? The few times I've been in a Broke-R-Us store I thought it was even worse than Walmart.

  • (Score: 2) by slap on Wednesday September 20 2017, @12:32AM

    by slap (5764) on Wednesday September 20 2017, @12:32AM (#570453)

    Before internet sales were significant Toys-r-us was already suffering from WalMart having expanded its toy selections for the holiday season.