The fall of Toys R Us ? UK branch enters administration

[Super_Megatron]

The ongoing troubles facing Toys R Us have been an ongoing issue many fans have been following, with news of increasing store closures and job losses breaking over the last few weeks. Today, it is the turn of the UK branch of Toys R Us to bear the bad news. The BBC reports that Toys R Us UK have entered administration – placing all remaining stores at risk of closure, and with some 3,000 job losses expected. It is reported that the remaining stores will remain open for now, but that final sales and closures can be expected in » Continue Reading.

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[joshimus]

I really hope Canada last longer. I really dont want to have to rely on Walmart.

[Xtreme987]

Originally Posted by joshimus

I really hope Canada last longer. I really dont want to have to rely on Walmart.

Ya Walmart usually gets stuff first however without TRU there will be a lot less price-matching.

[justprime]

Pretty soon itll be either wally or online and con shopping

[joshimus]

Honestly, for me it will be online or stop collecting. I despise Walmart that much.

[Chigimus]

Huh. That was unexpected. Fiscal reports have painted a clear picture that the US division was operating on a loss consistently year to year and they've only been staying afloat because international divisions had been subsidizing their loss. I was not aware that the UK arm was also struggling to balance their books. Would be interesting to see what their numbers have been over the last 5 years at least.

[Scrapper6]

Aren't there still a few KB Toys open in the States? Like, a handful? I would hope TRU Canada would stick around... I mean if TRU goes we're left with a monopoly in Canada, and Wal-Mart policy is for old product to be rotated out fast. So, yeah... if we lose tru, Wal-Mart can sod off for all I care. I'm not relying on the never have sales unless old product needs to be clearance out masters for all my shopping needs.

[Tekkamanraiden]

Originally Posted by joshimus

Honestly, for me it will be online or stop collecting. I despise Walmart that much.

Same.

[Longshot]

Or maybe Hasbro.ca can pick up the slack. But I share the same sentiment, I don't need Walmart to be the only player in the field.

[Digibasherx]

Originally Posted by Longshot

Or maybe Hasbro.ca can pick up the slack. But I share the same sentiment, I don't need Walmart to be the only player in the field.

WM really isn't so bad except for the rampant toy swap and part thief.