rcdb1984 266 Posted October 6, 2018 (edited) From Tru fb page. Looks to be attempting to make a comeback. https://www.toysrus.com/press-release/100618/index.html Edited October 6, 2018 by rcdb1984 Quote Share this post Link to post Share on other sites
exciter1 31,710 Posted October 6, 2018 Well, they posted this 18min ago. Quote Share this post Link to post Share on other sites
lobo1969 389 Posted October 6, 2018 Don't know whatcha talkin' about, TRU always was alive in Canada 1 Quote Share this post Link to post Share on other sites
bigboy61 161 Posted October 6, 2018 Unless they can step up their online game, I cant see them being a big player. Quote Share this post Link to post Share on other sites
mizeur 686 Posted October 7, 2018 24 minutes ago, bigboy61 said: Unless they can step up their online game, I cant see them being a big player. Their old problems had more to do with debt repayments from the leveraged buyout than with the rest of their business model. Their new problems are having to rebuild a B&M footprint and logistics chain plus sign new distributor agreements having offloaded/broken everything but the trademark. 1 Quote Share this post Link to post Share on other sites
Guest TabbyBoy Posted October 7, 2018 Some things should stay dead, TRU is one of them. If they ever arise from the ashes, the entire board and management needs replacing with staff being told to treat stock and customers with respect. Quote Share this post Link to post Share on other sites
gregpj 5,977 Posted October 7, 2018 5 hours ago, TabbyBoy said: Some things should stay dead, TRU is one of them. If they ever arise from the ashes, the entire board and management needs replacing with staff being told to treat stock and customers with respect. I know it's all a matter of personal experience, but the TRUs around me are surprisingly none of the above. Oh, probably has something to do with the fact that TRU Canada was always run independently from the other worldwide stores. I guess we're just too nice. Quote The reorganized company will own rights to the Toys “R” Us and Babies “R” Us brands in all markets globally, with the exception of Canada. Quote Share this post Link to post Share on other sites
Val-E 8,395 Posted October 7, 2018 It´s good for competition and one should also give the new owners a chance - they may be able to do something with it if they are competent. None of us who sell online should be happy about less B+M stores as they are the shop windows for the brand. Quote Share this post Link to post Share on other sites
Codes 59 Posted October 7, 2018 TRU Canada, in my experience, has always been pretty good. Happy the Canadian arm was saved, and I am happy to support them when I can. 1 Quote Share this post Link to post Share on other sites
BrickLegacy 4,511 Posted October 10, 2018 https://brickshow.com/2018/10/toys-r-us-comeback-geoffreys-toy-boxSent from my iPhone using Tapatalk Quote Share this post Link to post Share on other sites
Alpinemaps 12,814 Posted October 10, 2018 https://brickshow.com/2018/10/toys-r-us-comeback-geoffreys-toy-boxSent from my iPhone using Tapatalk Huh. Interesting. Quote Share this post Link to post Share on other sites
gregpj 5,977 Posted October 10, 2018 On 10/7/2018 at 12:51 PM, Val-E said: It´s good for competition and one should also give the new owners a chance - they may be able to do something with it if they are competent. New owners? The group who owned TRU before - Geoffrey, LLC are still the owners. Quote Geoffrey, LLC, as reorganized They just went into bankruptcy and apparently followed the rules regarding selling off the assets to pay whoever their teenie portion of monies owed and then convinced people the assets as-is were worth more than incoming offers to buy them. Sounds like this was their medium-term Plan B executed to perfection if Plan A - to remain solvent and pay their bills - didn't pan out. 1 Quote Share this post Link to post Share on other sites
jeff_14 661 Posted October 10, 2018 2 hours ago, gregpj said: New owners? The group who owned TRU before - Geoffrey, LLC are still the owners. They just went into bankruptcy and apparently followed the rules regarding selling off the assets to pay whoever their teenie portion of monies owed and then convinced people the assets as-is were worth more than incoming offers to buy them. Sounds like this was their medium-term Plan B executed to perfection if Plan A - to remain solvent and pay their bills - didn't pan out. The operating company may be the same but the question is who now owns the company? New shareholders may keep the name. Quote Share this post Link to post Share on other sites
mizeur 686 Posted October 10, 2018 22 minutes ago, jeff_14 said: The operating company may be the same but the question is who now owns the company? New shareholders may keep the name. Its existing lenders retained the company: Bain, KKR, and Vornado. Quote Share this post Link to post Share on other sites
brickvoyeur 1,747 Posted November 3, 2018 Geoffrey's toy box is literally a box in the middle of other stores. This one was found at a Krogers 2 1 Quote Share this post Link to post Share on other sites
Sozial 197 Posted March 20 Yesterday I received an email from Smyth Toys that TRU is officially dead now in Germany and is now called Smyth Toys. I dont know if I will miss you, sometimes you had good offers, but your employees just sucked, but I guess Smyth Toys will just take them over, so lets see if Smyth Toys will do similar promos as TRU did in the past. Quote Share this post Link to post Share on other sites
Achilles 1,930 Posted June 21 https://www.foxbusiness.com/retail/toys-r-us-to-open-stores Toys R Us opening several smaller stores by end of the year... Quote Share this post Link to post Share on other sites
BrickU 122 Posted June 21 Nice. Rebrand a bit and start slow. I like it. Quote Share this post Link to post Share on other sites
terrymc4677 4,489 Posted June 21 1 hour ago, Achilles said: https://www.foxbusiness.com/retail/toys-r-us-to-open-stores Toys R Us opening several smaller stores by end of the year... 1 hour ago, BrickU said: Nice. Rebrand a bit and start slow. I like it. Will they have the same 10-20% markup as before? I sure hope so. I miss paying inflated retail prices for items that are readily available for less everywhere else! 1 1 Quote Share this post Link to post Share on other sites
Mark Twain 617 Posted June 21 If they indeed do follow a consignment model it likely means very little clearance.Sent from my iPhone using Brickpicker Forum Quote Share this post Link to post Share on other sites
BrickU 122 Posted June 23 Regardless of clearance, still money to be made. Quote Share this post Link to post Share on other sites
Martae54 1,152 Posted June 23 Wow a WHOLE 6 stores US wide.. lol. What a comeback!! Quote Share this post Link to post Share on other sites
Solsbury18 33 Posted July 18 Didn’t see this in the original article, but they confirmed physical locations “in Westfield Garden State Plaza in Paramus, New Jersey and The Galleria in Houston, Texas.” Per CNET: https://www.cnet.com/google-amp/news/toys-r-us-is-coming-back-to-the-us-for-the-holiday-season/?__twitter_impression=true Quote Share this post Link to post Share on other sites
exciter1 31,710 Posted October 8 https://www.cnbc.com/2019/10/08/target-is-going-to-power-toys-r-us-new-website.html Quote Share this post Link to post Share on other sites
Darth_Raichu 7,851 Posted October 8 That reminds me, a few weeks ago I saw "TRU is hiring" ads on Facebook.. The return of the infamous parking lots 1 Quote Share this post Link to post Share on other sites
