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Post by The-Rock on Feb 25, 2019 23:55:09 GMT -5
Thats not why TRU closed its doors. And how do you know so much about defunct toy store chains from 20+ years ago? ToysRUs closed because of a variety of factors, like KB Toys, it had financial problems dating back almost 2 decades. However, the recession of the late 00s coupled with the rise of online shopping was ultimately too much to overcome. Also ToysRus only closed in the US. FAO Schwarz has continued to operate for a while, i think Macys or ToysRUS bought their IP a long time ago. It was always a high end retailer, unlikely that it would make a mainstream, widespread come back. Someone in the thread commented on the concept of KB Toys and I think it was off base, KB's business model was to sell discontinued/heavily discounted toys and then sell new stuff at a higher price, with the psychology being that they'd get you in the store for sales and then you'd pay more money for something else. I may be wrong, but I think a cornerstone of KB's business model was also to offer volume discounts - for instance buy 3 WWE figures get 1 free, but the 3 WWE figures would be priced at what it cost to get 4-5 at another store.
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