Personal computing discussed
Moderators: askfranklin, renee, emkubed, Captain Ned
Hawkwing74 wrote:I also wonder if their "clearance" sales will be real, or the sham sales like what was used at Borders.
TurtlePerson2 wrote:Sounds similar to the demise of Sears. Hey! Sears outlived Toys R Us!I think that one way of reading this news is to say that all retail is doomed and that Toys R Us is just another casualty of the e-commerce. That's a popular narrative for a lot of stores and there's a lot of truth behind it, but TRU peaked in the early 90s and had been declining ever since Wal-Mart and Target started to go after the toy business.
liquidsquid wrote:Never mind that when the only means to get an item is to have it shipped, eventually UPS and others will catch on that they can charge any price and you will HAVE to pay if you want it.
TurtlePerson2 wrote:I think that one way of reading this news is to say that all retail is doomed and that Toys R Us is just another casualty of the e-commerce. That's a popular narrative for a lot of stores and there's a lot of truth behind it, but TRU peaked in the early 90s and had been declining ever since Wal-Mart and Target started to go after the toy business.
superjawes wrote:Sounds similar to the demise of Sears. Hey! Sears outlived Toys R Us!
Glorious wrote:It's not just that, they are crushed under the debt from LBO from a decade ago or so. They needed to grow, but they aren't going to.
just brew it! wrote:They don't want to go on the cart!superjawes wrote:Sounds similar to the demise of Sears. Hey! Sears outlived Toys R Us!
If you can call the current state of Sears "living".
just brew it! wrote:$400 million just in debt payments. Ouch.Glorious wrote:This. They couldn't put enough cash into upgrading their stores or online presence, because nearly all of their cash flow was being used to service debt.It's not just that, they are crushed under the debt from LBO from a decade ago or so. They needed to grow, but they aren't going to.
Glorious wrote:Hawkwing74 wrote:I also wonder if their "clearance" sales will be real, or the sham sales like what was used at Borders.
Sham.
For almost everything, other than literally the fixtures of the store, it's end-user merchandise in boxes that some reseller can dispose of for nominal prices via another channel.
It's easy to imagine. If you could pick up it yourself off the shelf, drive to a nearby Walmart or whatever and put it on that shelf to be sold at essentially the same price, why would -you- expect to get any real discount? You want even 5% off that lego castle? So does this reseller, plus he will take all of them, now.
Maybe big and odd stuff like playsets...?
just brew it! wrote:superjawes wrote:Sounds similar to the demise of Sears. Hey! Sears outlived Toys R Us!
If you can call the current state of Sears "living".
I bet a lot of people who weren't alive back when Sears was a retail powerhouse can't fathom how they ever managed to build one of the tallest office towers in the world.Glorious wrote:It's not just that, they are crushed under the debt from LBO from a decade ago or so. They needed to grow, but they aren't going to.
This. They couldn't put enough cash into upgrading their stores or online presence, because nearly all of their cash flow was being used to service debt.
Usacomp2k3 wrote:liquidsquid wrote:Never mind that when the only means to get an item is to have it shipped, eventually UPS and others will catch on that they can charge any price and you will HAVE to pay if you want it.
That's why Amazon is doing more and more of their own shipment so they can control their own destiny.
liquidsquid wrote:People are going to sorely miss brick and mortar when they are gone. No customer service, no ability to get a real look and feel for quality, no instant return and swap for a fault product. Never mind that when the only means to get an item is to have it shipped, eventually UPS and others will catch on that they can charge any price and you will HAVE to pay if you want it.
Toy makers as going to get a swift kick in the butt when the market if flooded with the inventory.
NovusBogus wrote:You could still see "small stores" return even with mega-retailer consolidation. The big stores could start buying up smaller chains to sell specialty products and/or to serve as demo locations for centralized distribution. They could even set up systems where they sell in-store, but deliver from a warehouse in 0-2 days. Heck, Amazon should just try this in a city where they offer same-day shipping.What I anticipate happening is continued consolidation and culling for five to ten years, at which point the surviving mega-retailers get complacent and start losing out to a new breed of local stores that can keep their prices down by buying direct from the manufacturer or through low cost Alibaba style dealmakers.
Captain Ned wrote:That’s not what happens to surplus giraffes.Will they send Geoffrey back to Africa??
Redocbew wrote:Chuckie Cheese maybe? The smell from the pizza should be about the same as the plastic I would think.
strangerguy wrote:Doesn't help that birth rates are falling like a rock all over the globe.
LostCat wrote:strangerguy wrote:Doesn't help that birth rates are falling like a rock all over the globe.
Excellent.
Krogoth wrote:Birth rates aren't dropping in the developing world. They are still going strong but that discussion will end-up going into R&P territory.
Hawkwing74 wrote:When I was a kid, my dad let us pick either the Star Wars Millenium Falcon or the Death Star from Kenner. I made the wrong choice with the Death Star, which was a piece of crap which quickly fell apart.
derFunkenstein wrote:remember, you were a child once...