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Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

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Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#231

Earlier quoted context omitted.

No way. The high-quality wooden hand-crafted toys at good mom & pop toy stores are not available on Amazon. Discoverability of good intellectually stimulating toys is similarly poor on Amazon. You also overestimate the delta between the Amazon price (if the product is carried by Amazon) and that of the brick & mortar price. Often the brick & mortar price is identical after shipping costs. The competitive advantage of…

Yes but thats a very small example of the market. When we are looking at the generic market, nowadays people go to a store, look at something and then go on their phone to see if they'll find it cheaper anywhere else, as local stores tend to overprice stuff to make up their marginal costs.

I dare you to try telling a 3-year-old who's winding up a tantrum because they want the airsoft pistol from the other aisle that they have to wait 3 days for the sensible age-appropriate & mentally-stimulating toy to arrive.

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#232
post #229

Earlier quoted context omitted.

Cost customers? Amazon has free returns, and sometimes they even refund you and let you keep the item. Meanwhile, it's not like you can really test a toy in a store, and returning it means another trip.

> Amazon has free returns I doubt this is true for anywhere but North America.

You doubt incorrectly :) From Amazon.de: "If you want to return an article within Germany, Belgium, Ireland, Luxembourg, the Netherlands, Poland or Portugal, we even supply you with a pre-paid return mailing label"

Sometimes they even let you keep the item. I barely buy anything from them, but I had that happen earlier this month with an item worth ~30€, despite choosing the option that indicated it was my fault.

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#233
post #229

Earlier quoted context omitted.

Cost customers? Amazon has free returns, and sometimes they even refund you and let you keep the item. Meanwhile, it's not like you can really test a toy in a store, and returning it means another trip.

> Amazon has free returns I doubt this is true for anywhere but North America.

Why not check? I would be surprised to find a market where Amazon charge for returns (for Amazon-fulfilled items).

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#235
post #227

Earlier quoted context omitted.

Cost customers? Amazon has free returns, and sometimes they even refund you and let you keep the item. Meanwhile, it's not like you can really test a toy in a store, and returning it means another trip.

Amazon has free returns for now as only a tiny minority uses that as an option. Also returns work largely if there is a defect or you genuinely bought a wrong product(Like a wrong shoe size). If most users start doing returns, they won't be free or even possible, given how much logistical nightmare that will be. Beyond all this, that turn around time to buy a single product will be high. Stores offer a good middle gr…

> If most users start doing returns, they won't be free or even possible, given how much logistical nightmare that will be.

Would this nightmare be worse than unlimited 1-day shipping? Amazon seems to have worked that one out already.

Most places would allow you to print a label and leave the item at a designated collection point. In the UK there's heaps of companies handling this (CollectPlus, MyHermes, ParcelPoint, even Post Offices).

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#236

Earlier quoted context omitted.

Yes but thats a very small example of the market. When we are looking at the generic market, nowadays people go to a store, look at something and then go on their phone to see if they'll find it cheaper anywhere else, as local stores tend to overprice stuff to make up their marginal costs.

I dare you to try telling a 3-year-old who's winding up a tantrum because they want the airsoft pistol from the other aisle that they have to wait 3 days for the sensible age-appropriate & mentally-stimulating toy to arrive.

If trips to a toy store lead to tantrums, that sounds like an argument /against/ shopping there, not an argument /for/ shopping there.

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#237

Earlier quoted context omitted.

I'll also note that in the time since Dave left Dominoes, their stock has outperformed Amazon, Google, Microsoft and Apple, with slightly under 12x returns in the last 10 years. Since Dave left Michigan, the interim AD hired Jim Harbaugh, and the football program is now regularly in top 10 in the nation.

Brandon did very well at Dominos; Bain Capital, Dominos' owners, certainly thought so, because they later hired him to run Toys R Us. > Since Dave left Michigan, the interim AD hired Jim Harbaugh, and the football program is now regularly in top 10 in the nation. Harbaugh's record through 2 seasons + 3 games = 23-6 Brady Hoke, the coach Brandon hired, through the same period = 22-7. Hoke also beat Ohio State during t…

> But more important to the University of Michigan than winning a children's game played with a ball,

Rude.

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#238
post #12

Aw man, I've just rediscovered this place with our 9 month old son. Was looking forward to going there as he grew up. Hopefully they can work out some sort of restructuring..

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.

> Most kids are just as happy playing with the wrapping paper as with the toy inside.

Ha… have you met any kids? Babies, yes. Toddlers up, nnnooooooooooooo (unless it's bubble wrap).

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#239
post #229

Earlier quoted context omitted.

> Amazon has free returns I doubt this is true for anywhere but North America.

You doubt incorrectly :) From Amazon.de: "If you want to return an article within Germany, Belgium, Ireland, Luxembourg, the Netherlands, Poland or Portugal, we even supply you with a pre-paid return mailing label" Sometimes they even let you keep the item. I barely buy anything from them, but I had that happen earlier this month with an item worth ~30€, despite choosing the option that indicated it was my fault.

This is incorrect for Amazon.de.

You generally pay 3,90€ for returning the item via DHL/Hermes (unless you declare the reason for return as e.g. not working). Certain categories (clothing) have free returns. This is only the case if the order was placed through FBA or Amazon itself. Marketplace sellers with their own fulfillment usually charge you for returns or don't provide a shipping-label at all.

(source: selling on AZ)

Re: Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle

#240

Of all the things in the world, children's toys are THE most amenable to replacement by makers, tinkerers, and other people who want to do something in the real world. (Alas, that's not what's happened. People just buy the cheap plastic crap from Amazon.)

Pretty sure most makers and tinkerers don't have the liability insurance or budget for safety testing or the mental shielding to handle when their products cause the death of a 18-month-old.

Step one of designing a toy: work out how many children who get it could be killed by it.

Step two: make that number as close to zero as you can.

Step three: arrange for enough money to cover the gap.

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