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03-16-2018, 06:15 PM | #226 |
Banned
Join Date: Mar 2017
Posts: 3,117
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03-16-2018, 06:28 PM | #227 |
Banned
Join Date: Aug 2015
Location: San Antonio,Tx
Posts: 496
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Parademon1 |
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03-16-2018, 06:49 PM | #228 |
Banned
Join Date: Mar 2017
Posts: 3,117
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03-16-2018, 07:56 PM | #229 |
Join Date: Jan 2013
Location: Rock Island TN,
Posts: 2,429
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Wow, that’s the longest fuck you I've ever read. I love the “you are expected to continue working” line. If I were a store manager, Or any in store employee expecting a severance package, which they won’t recieve, I’ve gotta say, STEAL SOME SHIT NOW, ANYTHIG AND EVERYTHIG U CAN CARRY! They scuttled the ship do what ever you want now, morality is optional. I’d drag verything in the parking lot, throw up a cardboard sign that says “free toys” and sit back and enjoy the riot!
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03-16-2018, 08:08 PM | #230 |
Join Date: Nov 2014
Posts: 3,872
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Seriously, I would rob the store blind if I worked at TRU right now. Everything would go out the back door.
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03-16-2018, 08:19 PM | #231 |
Join Date: Jan 2013
Location: Rock Island TN,
Posts: 2,429
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Hell yeah, and burn the building on the way out!
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03-17-2018, 09:40 AM | #232 |
Join Date: Dec 2012
Posts: 17
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TRU just upped the free shipping from needing 29 to 49.
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03-17-2018, 09:53 AM | #233 |
Join Date: Nov 2014
Location: NYC
Posts: 2,758
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03-17-2018, 11:48 AM | #234 |
Join Date: Jun 2015
Location: Pasadena, TX
Posts: 3,099
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03-17-2018, 12:32 PM | #235 |
Join Date: Oct 2008
Posts: 19
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Quote:
Stopped in today and about a third of the shelves were empty. Apparently vendors have been coming in since yesterday morning removing any stock that TRU hadn't yet paid for. Sounds like NECA, Hasbro, Funko, McFarlane, and Diamond Select will be completely gone by Tuesday. So..no big clearance sales to hit.
Many items in the collector aisle may disappear including NECA as those products are not part of TRU inventory. Hasbro, Funko (Pops), and most McFarlane stuff should stick around. Last edited by NeilJam; 03-17-2018 at 08:37 PM.. |
03-17-2018, 01:53 PM | #236 |
King of Nerdom
Join Date: May 2012
Location: Englewood CO
Posts: 10,916
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What do you mean they aren't part of TRU's invetory? If they are on the shelf, they should be.
Anyway, when to the sales start? I want to get a Switch when it's on sale.
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03-17-2018, 02:24 PM | #237 |
Join Date: Jun 2015
Location: Pasadena, TX
Posts: 3,099
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03-17-2018, 08:37 PM | #238 |
Join Date: Oct 2008
Posts: 19
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Quote:
When stores do inventory certain things are not included in that such as greeting cards, magazines, and some items in the collector aisle. These items are sold on consignment, meaning TRU pays the vendor for merchandise after it sells. Displays are maintained by reps who are not employees of TRU. TRU has already paid manufacturers for most of the merchandise on the shelves including Hasbro, Mattel, Lego, and many others, so it won't be reclaimed by them. Now that TRU has missed payments to these vendors, future shipments of new merchandise from them to TRU will stop. TRU will still have stuff to clear from their distribution centers to ship to stores. |
03-18-2018, 04:31 AM | #239 |
Illyria's New Qwa'ha Xahn
Join Date: Feb 2009
Location: In the clouds.
Posts: 4,120
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Quote:
Not that typical retail employees get severances anyway though. Unless you were higher up the management chain, you didn't really have much more than a paycheck from them. Typical retail severance is the unemployment line. Quote:
So while overstock and other lines will likely get marked down to remove them. Consoles might be a different issue entirely until they don't have a choice in needing to unload the inventory. Those are one of those things they might find a way to re-allocate to other avenues to avoid that massive of a loss on them because of their debts. Otherwise I expect the employees will get first crack at them on the discounted price because that's one of the few things the employee discounts never worked on. Games yes, consoles no. Quote:
Wow, that’s the longest fuck you I've ever read. I love the “you are expected to continue working” line. If I were a store manager, Or any in store employee expecting a severance package, which they won’t recieve, I’ve gotta say, STEAL SOME SHIT NOW, ANYTHIG AND EVERYTHIG U CAN CARRY! They scuttled the ship do what ever you want now, morality is optional. I’d drag verything in the parking lot, throw up a cardboard sign that says “free toys” and sit back and enjoy the riot!
That letter is typical for these kinds of situations. This isn't a normal company closing. This is a straight up forced into bankruptcy closing. Not by choice but because that is when the money will run out. Still beats the Amanda Waller and KGB severance package style though. Last edited by Snowflakian; 03-18-2018 at 05:05 AM.. |
03-18-2018, 08:21 AM | #240 |
King of Nerdom
Join Date: May 2012
Location: Englewood CO
Posts: 10,916
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What the fucking hell?
https://www.usatoday.com/story/money...out/925447001/ How are these guys still allowed to get bonuses when they ran their company into the ground? Just another thing to show that you if you are rich, you are above the law. I hope these criminals die in a slow and painful car crash!
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Last edited by Dr Kain; 03-18-2018 at 08:24 AM.. |
03-18-2018, 08:28 AM | #241 |
Join Date: Nov 2014
Posts: 3,872
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Quote:
What the fucking hell?
https://www.usatoday.com/story/money...out/925447001/ How are these guys still allowed to get bonuses when they ran their company into the ground? Just another thing to show that you if you are rich, you are above the law. I hope these criminals die in a slow and painful car crash! Still bullshit, though. Quote:
And what kinda cheese ya got over there? Last edited by Dolemite; 03-18-2018 at 08:31 AM.. |
03-18-2018, 10:02 AM | #242 |
Join Date: Jun 2015
Location: Pasadena, TX
Posts: 3,099
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03-18-2018, 10:51 AM | #243 |
Join Date: Nov 2014
Posts: 3,872
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03-18-2018, 11:24 AM | #244 |
Overlord of Evil
Join Date: Nov 2008
Location: Lost Ruins.
Posts: 14,358
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Its limburger. Run!
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03-18-2018, 11:53 AM | #245 |
Join Date: Jul 2012
Posts: 347
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One of my local stores was on the original list of closing stores long before liquidation was announced, and is still having their “store closing” sale. Banners say “everything up to 50% off” but most items, including all action figures, are still at 30% off. The final day is in April, if the rest are closing in mid May they should start their big markdowns any time now. Apparently there is an approval process for the going out of business sales that the bankruptcy court needs to grant, and that’s coming Tuesday.
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Toy pics from my collection:https://www.instagram.com/presidentjuggernaut/ Last edited by juggernaut209; 03-18-2018 at 12:01 PM.. |
03-18-2018, 12:02 PM | #246 |
Join Date: Jun 2015
Location: Pasadena, TX
Posts: 3,099
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Quote:
One of my local stores was on the original list of closing stores long before liquidation was announced, and is still having their “store closing” sale. The final day is in April, if the rest are closing in mid May they should start their big markdowns any time now. Banners say “everything up to 50% off” but most items, including all action figures, are still at 30% off.
CCC. |
03-19-2018, 09:05 AM | #247 |
Join Date: Jun 2017
Posts: 181
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03-20-2018, 07:23 AM | #248 |
Join Date: May 2009
Posts: 548
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I read K-Mart might benefit as a result of TRU going under, in a way I'm surprised K-Mart & Sears lasted longer because those 2 chains have been rumored to be going down for some time now.
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03-20-2018, 11:58 AM | #249 |
Join Date: Jun 2017
Posts: 181
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New report says Amazon might pick up some of the retail locations for their own use.
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03-20-2018, 01:09 PM | #250 |
Join Date: May 2009
Posts: 548
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I hope that's the case, usually when a place closes that I like (Borders or Books a Million) they replace it with some store I don't care about - dollar store, paint shop or mattress store.
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