Author Topic: et tu, Toys R Us? Retail getting hit pretty hard lately thread  (Read 6711 times)

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Offline ShyGuy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #50 on: April 04, 2019, 04:17:33 PM »
I don't understand what killed Payless. Are people buying shoes online now? Why would you do that? Are people buying more expensive shoes? I know I got a couple pair from DSW shoes, but they are more expensive.

Offline UncleBob

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #51 on: April 04, 2019, 04:34:23 PM »
I buy my shoes online simply because I can't find my size in stores most times.
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Offline ShyGuy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #52 on: April 04, 2019, 04:47:57 PM »
Well that's a good reason. But do you get a good fit and feel from the online shoes?

Offline UncleBob

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #53 on: April 04, 2019, 05:08:34 PM »
No.  But what else can ya do? :/
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Offline Shaymin

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #54 on: April 04, 2019, 07:02:29 PM »
I don't understand what killed Payless. Are people buying shoes online now? Why would you do that? Are people buying more expensive shoes? I know I got a couple pair from DSW shoes, but they are more expensive.

Same thing that got Toys 'R Us: combination of online shopping and a leveraged buyout dumping an unmanageable debt load on them.
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Offline Ian Sane

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #55 on: April 05, 2019, 08:53:09 AM »
I'm pretty much screwed by the Payless Shoes thing.  My feet are disproportionately wide compared to their length and Payless was the only place that consistently carried shoes that fit.  Name brand stuff like Nike or Reebok is always way too narrow.

Offline Mop it up

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #56 on: April 05, 2019, 03:26:57 PM »
That one's gonna be a loss for me as well. Are they gone yet? Maybe I can stock up from a clearance sale.

Offline BeautifulShy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #57 on: April 05, 2019, 03:33:12 PM »
They are still around. When I went to my local one the saleslady said that they will stay open until they sell the rest of their stock then that is it.
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Offline E3 Hype Train Engineer

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #58 on: May 10, 2019, 01:05:29 PM »
Global helium shortage leads Party City to close approximately 45 of its approximately 870 Party City locations in 2019.

The Company ended the quarter with $1,991 million in debt

https://investor.partycity.com/investors/press-releases/Press-Release-Details/2019/Party-City-Announces-First-Quarter-2019-Financial-Results-and-Updates-Helium-Availability-Status/default.aspx

Lest you think America isn't in the partying mood, there's also this:

Quote
(a) ... The charge for inventory reserves was recorded in cost of sales in the Company‚Äôs statement of operations and comprehensive loss.  The other charges were recorded in ‚Äústore impairment and restructuring charges‚ÄĚ in the Company‚Äôs statement of operations and comprehensive loss.           
(b) The first quarter of 2018 principally relates to costs incurred while moving one of the Company‚Äôs domestic manufacturing facilities to a new location.           
(c) The ‚Äúdeferred rent‚ÄĚ adjustment reflects the difference between accounting for rent and landlord incentives in accordance with GAAP and the Company‚Äôs actual cash outlay for such items.               
(d) Charges incurred related to closing and relocating stores in the ordinary course of business.           
(e) Represents non-cash charges related to stock options.           
(f) Principally represents shares of Kazzam awarded to Ampology as compensation for Ampology‚Äôs services. 

Shuffling stores around at a company with already thin margins sounds like some bad planning.

Offline Stratos

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #59 on: May 23, 2019, 01:41:09 PM »
I imagine that the bulk of their merchandise is very cheap and thus limited profit margin. They always give the vibe of a dollar store mixed with Spirit Halloween for all holidays. Outside of those balloons I can't imagine there being much there you couldn't buy at a Walmart or Target.
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Offline E3 Hype Train Engineer

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #60 on: June 05, 2019, 01:16:50 PM »
Did someone say "Gamestop 'Burns to the Ground'"?  :-* :-* :-*

https://www.yahoo.com/finance/news/gamestop-burns-ground-analysts-fear-113736134.html

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The stock dropped as much as 36% in its biggest one-day percentage loss since its listing in 2002, according to Bloomberg data. The stock has lost more than two-thirds of its value since a peak earlier this year.

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‚ÄúThe only impactful transformation we see in GME‚Äôs future is the industry‚Äôs on-going transition to the digital economy, a viable scenario where GME has little value.‚ÄĚ

Jefferies, Stephanie Wissink

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The combination of the transformation initiatives, ongoing consumer shift to digital gaming, and current console cycle being in the very late stages are likely to make 2019 a very challenging year.‚ÄĚ

Loop Capital Markets, Anthony Chukumba

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‚ÄúThe elimination of the quarterly cash dividend sends a worrisome signal that management has lost confidence in the company‚Äôs cash flow generation ability.‚ÄĚ

GameStop rated as "little value" *mega-snort*

Offline ThePerm

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #61 on: June 12, 2019, 04:27:45 PM »
I wonder if you could make helium by storing radioactive material in lead tubes.
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Offline nickmitch

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #62 on: June 13, 2019, 06:15:52 AM »
Everything ok with you, Perm?
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Offline ThePerm

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #63 on: June 13, 2019, 11:14:06 AM »
An alpha particle is almost the same thing as a helium atom. Except missing electrons. In a tube of dense atoms it might steal some electrons and become helium. Maybe IDK I'm not much of a physicist.
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Offline E3 Hype Train Engineer

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #64 on: June 19, 2019, 07:36:33 PM »
Mattel rejected a merger from MGA Entertainment for a second time and [MGA's] CEO called Mattel insolvent. He gives a few kicks to Toys R Us' corpse as well.

"MGA is the fastest growing toy company of the last 5 years, most profitable, with 0 debt."

"The toy business is down double digits already this year."

*LOL/Fashion dolls and Frozen movie dolls will further kill off Barbie later this year.

https://finance.yahoo.com/video/mattel-going-way-toys-r-165453416.html

Offline ShyGuy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #65 on: June 20, 2019, 04:08:37 PM »
THAT'S THE SCUMBAG WHO MAKES POOPSIE THE UNICORN

Offline nickmitch

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #66 on: June 20, 2019, 04:56:41 PM »
Why did I just watch a four and a half video about making a toy unicorn go poop?
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Offline ShyGuy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #67 on: June 20, 2019, 07:43:15 PM »
Why did I just watch a four and a half video about making a toy unicorn go poop?

You have now been cursed. Take one part My Little Pony, one part Bratz Doll, one part Lisa Frank, one part diaper fetish, and one part poop, pour into a blender and set it to slime-ify.


Offline nickmitch

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #68 on: June 20, 2019, 07:50:12 PM »
I just want to know why their official art style is exactly that of people who take normal cartoons and make rule 34 out of them.

Actually, nevermind.
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Offline E3 Hype Train Engineer

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #69 on: June 20, 2019, 08:03:06 PM »
Ugh. Looks like Walmart and Hot Topic had a baby and then abandoned it in a dumpster at Comic Con
« Last Edit: June 20, 2019, 08:07:05 PM by E3 Hype Train Engineer »

Offline Stratos

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #70 on: June 20, 2019, 08:08:48 PM »
I just want to know why their official art style is exactly that of people who take normal cartoons and make rule 34 out of them.

Actually, nevermind.

Some of those rule 34 artists have real jobs and are permitted to create these abominations for profit. This is one of those things that I dread to think will be found centuries from now by alien life excavating out extinct world and trying to reconstruct what our daily lives were like. This is now a part of our legacy.
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Offline ShyGuy

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #71 on: June 20, 2019, 08:40:43 PM »
Pineapple Poop! Flamingo Poop!


Let's make some more!

Offline nickmitch

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #72 on: June 20, 2019, 08:47:44 PM »
Like, if it started naked that'd be one thing, but there's something especially upsetting about having to strip it.
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Offline E3 Hype Train Engineer

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Re: et tu, Toys R Us? Retail getting hit pretty hard lately thread
« Reply #73 on: June 21, 2019, 07:47:57 PM »
Waiting for @Maxi to weigh in on this subject.