The Rise And Fall Of Toys R Us

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Toys R Us is closing its doors for good. The toy emporium that Charles P. Lazarus envisioned has been reduced to dusty floors and empty shelves.

Much has been said about the demise of the toy empire, which announced its plan to liquidate. There have been fingers pointed at corporate raiders, Amazon and big-box stores. All contributed to its undoing.

Ultimately, though, Toys R Us’ collapse is a story of loyalty run dry. The store in its early days fostered devotion from customers and toymakers. In the end, it lost hold on both.

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The Rise And Fall Of Toys R Us | CNBC

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50 COMMENTS

  1. I wonder if there isn't a less superficial and more profound strategic basis than offered here…
    It is said, "Price is what customers think about when you don't give them anything else to think about."
    I attribute the core reason for the failure of the Toys R Us executive management team. It appears they were operationally strong retailers, completely lacking in strategic marketing skills!
    The blame for failure is really due to the inability to know and respond to the changing market segments, a lack of innovation, and ignorance of changing customer needs, wants and expectations.
    Their stores remained the same, replicates of a Walmart layout. There was no USP. Grumpy stockkeepers, unengaged cashiers and an absence of floor management spelt disaster long before it happened.
    You'd have to be blind Freddy or just a poor strategic marketer to objectively experience a Toysā€™Rā€™Us store in the latter years and not be objective.
    Ignoring the professional incompetence of their executive team and senior management, low levels of customer centricity and poor or absent market research is ignoring the cause and trying to find answers in the symptoms.
    Had they had a switched-on and appropriate leadership, the chain would be vibrantly performing today!

  2. Hi Macy's mall toys r us toys store is in Macy's mall and buy toys in north American is already open toys r us please visit them in 2023 this year šŸ˜ŠšŸŽ‰

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  4. What killed Toys R Us? How about the fact that it's a company targeted at kids and some how adult toy collectors were keeping it afloat chasing nostalgia. While the targeted demographic was shifting away from playing with toys to having their innocence being taken away from by government hidden agendas. While at the same time instead of Exercising their imagination and creativity they sit on a small screen for endless hours on social media. Don't believe me it's a government hidden agenda? You take a look at the 80s and 90s the golden years for toys and you look back at the franchises the pushed those toys what was one thing that they all had in common? SATURDAY MORNING CARTOONS and Weekday afternoon cartoons and what was on for front of the decline of toys? THE decline of Staurday morning and After-school Cartoons and who is responsible for the lack of cartoons on both Saturday and After-school? The government

  5. A leveraged buyout/parasites plunging businesses into debt to buy them without paying for them. They had to service a huge debt out nowhere and so couldn't invest to adapt.

  6. when i was little almost every birthday someone would get me a toys R Us gift card and i would have the time of my life there now its replaced by spirit Halloween or a stupid mattress store

  7. There becomes too much civilisation as said by Marx and Engels in communist manifesto,it becomes antagonist with existence of labouring force

  8. it's not really rocket science. Kids in this day and age are just not as interested in toys as they used to be. What's more, the stores were overly expensive and you can find anything from toys r us online for cheaper.

  9. When amazon came along it put major strain on many companies many consumers just went online to get what they wanted & wound up having the companies closing their doors for good, problem today is when you cant find what you need in the stores out there that are yet around you wind up having no choice but to buy from amazon or ebay & other online sites I personally try to never buy from amazon less its a must being no one had what I was looking for.

  10. it is sad to hear toysrus in decline …… maybe toys are not limited to children. adults still find their own toys which are most likely DIY home cnc machines and 3D printers. i would go for changing toysrus to sell more arrays of sales to adults but not limited to kids. i am big fan of toysrus since i was a kid seeing a Homealone movie showing me that kevin went to a toysrus shop in Timesquare NY. it has been one of my dreams to pay a visit to it. and i finally became young adults who want to establish global toy business in a decade

  11. I remember coming home from kindergarten and my parents taking me to toys r us and me being thrilled my local toys r us shut down and got replaced by a Aldi whenever me and my family drive past it it brings me back memories online shopping and video arenā€™t the same as in person

  12. I use to love Toys R us and then to hear they were shutting broke my little heart I use to go there all the time and now not seeing it in buisness I hate it R.I.P Toys R us we will miss you šŸ™

Comments are closed.