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Toys R Us and its viability for the future
A member posted in the most recent TRU thread that there was another ongoing thread regarding Toys R Us and its repeated failure of any significant deals week after week. I haven't been around this wonderful site for very long, but many members speak of the days where good TRU deals could be found if one knew when or where to look and were not so infrequent as they are today. I remembered reading about TRU and a failed/withdrawn IPO (initial public offering) recently and after a brief search of the web I found out that TRU has a 4 billion dollar debt that is due in 2018.
I guess I was just wondering what other members thought of Toys R Us actually surviving and thriving in the years ahead since the ridiculous prices might be an attempt to boost up their profits which are steadily declining with each quarter. One of the articles stated that one of their new strategies was to increase their online presence but I think that area is a field where many others are already winning (the recent decision of Lego [email protected]
to offer free shipping for $75+ and up would only strengthen the argument that TRU has stumbled once again).
Basically my question is does Lego need Toys R Us? And if not, could that be one more obstacle for TRU going forward since I don't really see TRU offering anything that can't be found somewhere else?
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