131–140 of 276 posts
The CEO of Toys 'R' Us as of 2015 is Dave Brandon. He was the former CEO of Dominoes Pizza. After he left Dominoes in 2009 is when they started the "We used to suck, we don't anymore, please come try us again!" advertising campaign. After Dominoes, Dave Brandon was the athletic director at the University of Michigan. During his time as AD, he managed to alienate the majority of the fan base, hire a coach who got wors…
Earlier quoted context omitted.
>Toy stores are a _great_ example of opportunity for brick and mortar. Just like book stores, they operate in a space where curation, discovery and the physical experience adds real value. Not anymore. Customers just use them as a free showroom and then buy it cheaper off Amazon.
If a toy store can't figure out how to take advantage "but MOMMMMMM I want it NOWWWWWWWWWW!" then little kids are far more mature than they were a few decades ago. :)
Though this may have something to do with Amazon (and retail generally trending online), it does appear that the big culprit here were Bain Capital (and its partners) who took it private in 2005 via leverage buyout and ladened Toys r Us balance sheet with untenable debt from thereon. Apparently, they were paying $500M in interests alone per year vs. reinvesting capital in growth of their offline stores or online reta…
Ratings agencies once again showing how efficient they are at actually rating debt. B3 and stable outlook for a company that has actually field for bankruptcy, you gotta be kidding me.
The CEO of Toys 'R' Us as of 2015 is Dave Brandon. He was the former CEO of Dominoes Pizza. After he left Dominoes in 2009 is when they started the "We used to suck, we don't anymore, please come try us again!" advertising campaign. After Dominoes, Dave Brandon was the athletic director at the University of Michigan. During his time as AD, he managed to alienate the majority of the fan base, hire a coach who got wors…
Are there non-cynical explanations of how someone with such a terrible track record gets hired? Maybe a dearth of alternative CEOs? Or is the reality as bad as it appears?
Not trying to be cynical.
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Most kids are just as happy playing with the wrapping paper as with the toy inside. That is to say: your son will be just as happy with something you two might find or make together.
Star Wars action figure? No way. Lets get some paper towel tubes, markers, and glitter and make our own!
The CEO of Toys 'R' Us as of 2015 is Dave Brandon. He was the former CEO of Dominoes Pizza. After he left Dominoes in 2009 is when they started the "We used to suck, we don't anymore, please come try us again!" advertising campaign. After Dominoes, Dave Brandon was the athletic director at the University of Michigan. During his time as AD, he managed to alienate the majority of the fan base, hire a coach who got wors…
It's high time people realize something about these positions. Being at the top of a gigantic mature hierarchy in a complex world is more a function of legacy than utility. John D Rockefeller or Thomas Edison were the single BRAIN that shaped and directed where their orgs went. Today's leaders in govt or in the private sector or more like a single neuron most of whose time is engaged in constant power struggles for s…
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Toy stores are a _great_ example of opportunity for brick and mortar. Just like book stores, they operate in a space where curation, discovery and the physical experience adds real value. The town I grew up in has a great independent toy store, and I make it a point to shop there every time we're in town. Every time I find something unique that I would have never looked for on Amazon, and often I'm hooked by the tact…
>Every time I find something unique that I would have never looked for on Amazon, and often I'm hooked by the tactile act of playing with something that couldn't be fully replicated online. You're absolutely right. The result usually is though that the kid finds a toy they like then puts in on their Birthday/Christmas wishlist from where the Santa buys from Amazon. I like to think I never do this, but if the price is…
Then the $10 is rebated off anything they buy in-store.
Earlier quoted context omitted.
Toy stores are a _great_ example of opportunity for brick and mortar. Just like book stores, they operate in a space where curation, discovery and the physical experience adds real value. The town I grew up in has a great independent toy store, and I make it a point to shop there every time we're in town. Every time I find something unique that I would have never looked for on Amazon, and often I'm hooked by the tact…
>Every time I find something unique that I would have never looked for on Amazon, and often I'm hooked by the tactile act of playing with something that couldn't be fully replicated online. You're absolutely right. The result usually is though that the kid finds a toy they like then puts in on their Birthday/Christmas wishlist from where the Santa buys from Amazon. I like to think I never do this, but if the price is…
[1] https://en.wikipedia.org/wiki/Fixed_book_price_agreement
> With speculation of a bankruptcy mounting, shares of Toys “R” Us’s vendors tumbled on Monday. Mattel Inc., the maker of Barbie and Fisher-Price, fell 6.2 percent -- its worst decline in seven weeks. Shares of Hasbro, the company behind Monopoly, Nerf and Transformers, dropped 1.7 percent. Does Toys R Us owe money to Mattel? Or are people thinking that if they go away or significantly reorganize people will just buy…
According to this article, Toys "R" Us accounts for about 10% of Mattel's revenue. That seems pretty significant: https://www.reuters.com/article/us-orbital-atk-northrop-grum...