Quote:
Originally Posted by Dark Rage
Here's the article: https://www.theglobeandmail.com/busi...n-investments/
I don't think the traffic and sales of the company has been the same since the new owner took over, but hey, I could be wrong.
If TRU and another merchant sold the exact same item, but TRU has a higher price, where would you think a savvy consumer would go to? I'm not talking about impulse buys, but researched bigger item purchases.
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Thanks Dark Rage.
Yeah he is going to be able to ride out some tough times longer than most private funds would be willing to after this type of purchase.
The question for me is how long will he last in this new marketplace when he doesn't own the properties TRU sits on, and pricing/inflation is making this type of store less viable?
But what do I know when he states he is trying to start up a nation wide toy store chain in the US?