(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

Toy's are us was not put out of business because they are birck and mortar. They went out because (1) they were overpriced (2) Their store layouts have not changed in 30 years (3) they mismanged debts.

http://money.cnn.com/2018/03/20/news/com...index.html

KB Toys is going to step up and fill that void.

Companies like Best Buy, Target, and Walmart have shown the survival formula. Hybrid B&M/ECommerce.

(03-21-2018 10:32 PM)Bull_Is_Back Wrote:  

(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

Toy's are us was not put out of business because they are birck and mortar. They went out because (1) they were overpriced (2) Their store layouts have not changed in 30 years (3) they mismanged debts.

http://money.cnn.com/2018/03/20/news/com...index.html

KB Toys is going to step up and fill that void.

Companies like Best Buy, Target, and Walmart have shown the survival formula. Hybrid B&M/ECommerce.

No. Custom manufactured goods in store is the next big wave.

(03-21-2018 10:32 PM)Bull_Is_Back Wrote:  

(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

Toy's are us was not put out of business because they are birck and mortar. They went out because (1) they were overpriced (2) Their store layouts have not changed in 30 years (3) they mismanged debts.

http://money.cnn.com/2018/03/20/news/com...index.html

KB Toys is going to step up and fill that void.

Companies like Best Buy, Target, and Walmart have shown the survival formula. Hybrid B&M/ECommerce.

I assume you're kidding about KB Toys. They've been out of business since 2009.

Walmart, Target and Amazon will be the only national toy retailers. Amazon actually is talking about buying some of the Toys R Us stores, although I don't know if they're going to open up an actual retail store or use them as a distribution center? I do think local, independent toy stores can make a comeback. There is still a value in bringing a kid to a toy store and let his imagination run wild. But it has to be an FAO Schwarz type of experience and that costs money.

(03-21-2018 10:45 PM)Fort Bend Owl Wrote:  

(03-21-2018 10:32 PM)Bull_Is_Back Wrote:  

(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

Toy's are us was not put out of business because they are birck and mortar. They went out because (1) they were overpriced (2) Their store layouts have not changed in 30 years (3) they mismanged debts.

http://money.cnn.com/2018/03/20/news/com...index.html

KB Toys is going to step up and fill that void.

Companies like Best Buy, Target, and Walmart have shown the survival formula. Hybrid B&M/ECommerce.

I assume you're kidding about KB Toys. They've been out of business since 2009.

Walmart, Target and Amazon will be the only national toy retailers. Amazon actually is talking about buying some of the Toys R Us stores, although I don't know if they're going to open up an actual retail store or use them as a distribution center? I do think local, independent toy stores can make a comeback. There is still a value in bringing a kid to a toy store and let his imagination run wild. But it has to be an FAO Schwarz type of experience and that costs money.

I have also heard KB Toys coming back. Not sure what their economic model is going to be though....

(03-21-2018 10:35 PM)Claw Wrote:  No. Custom manufactured goods in store is the next big wave.

This.

I have made no secret that I am not a fanboy of our current president. But IMO, to suggest that the closing of TRU, Sears, JC Penney or any other retailer would be in any way the fault of Trump's policies is absurd. These retailers were having problems long before 2016 and presidents just don't have that kind of sway over retail markets. Whether it's poor management, changing buying habits or other market factors, it doesn't make any difference who was in the White House, these businesses were likely to fail if they didn't make radical changes to their business model.

Toys R Us is out of business because people went to one of their stores, tried to find a toy, and left.


Then they went to Target, and found it.

(03-21-2018 10:26 PM)Claw Wrote:  

(03-21-2018 05:13 PM)EverRespect Wrote:  I don't know. If the same $80 jeans in the store are $40 online with 2 day shipping, I don't see how you put together an experience worth the premium. I think it is dead for the most part.

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When you walk in, get scanned, and the robot in the back makes your shirt.

Fair enough

(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

someone asked for a link about Trumps failing efforts to create coal mining jobs.

here's one of many
https://www.reuters.com/article/us-usa-c...SKBN1F81AK

If it were something Trump did, then maybe.

Unfortunately the death knell has been sounding for "brick & mortar" for quite some time now. No one's fault, just changing consumer tastes.

I do think there will always be a certain need for things like furniture stores and electronic stores. There are still some of us who like to actually sit in a chair before buying it.

As for coal, that might be a losing battle. Between the EPA and the enviro-wacko crowd, coal is on life support. Another example of the death knell sounding for some time.

(03-21-2018 05:13 PM)EverRespect Wrote:  I don't know. If the same $80 jeans in the store are $40 online with 2 day shipping, I don't see how you put together an experience worth the premium. I think it is dead for the most part.

Sent from my SM-G955U using Tapatalk

Same jeans are $80 vs $40 that's a duh order online but if there is a quality difference or an experience difference retail can work.

Consider such basic stuff as shampoo, conditioner, and hair spray. Goods in these categories are nearly commodities with only small variations the variations can make a difference from person to person.

A lot of money flows through salons selling those goods because the consumer can try it out and get advice from someone they trust as to their needs.

That retail ain't dying.

About a year ago I bought a TV. My observation is there are three primary buying groups. Cheapest in the size desired, Brand loyal, and people looking for a mix of features and maybe balancing price.

The last group is horribly served by Amazon and Best Buy. The online sorting tools SUCK at doing this well with multiple options and the probability of finding a person working at Best Buy who knows is slim.

Well made products have a market as well, not just $40 Asian factory jeans.

https://www.wired.com/2014/03/internets-...gets-made/
http://www.slate.com/articles/technology...o_man.html

(03-22-2018 05:04 AM)bubbapt Wrote:  Toys R Us is out of business because people went to one of their stores, tried to find a toy, and left.


Then they went to Target, and found it.

This!

The staff was indifferent, the layout was awful, and the prices were over inflated. It felt like a freaking "Big Lots" without the discount prices.

(03-22-2018 12:15 AM)Zombiewoof Wrote:  I have made no secret that I am not a fanboy of our current president. But IMO, to suggest that the closing of TRU, Sears, JC Penney or any other retailer would be in any way the fault of Trump's policies is absurd. These retailers were having problems long before 2016 and presidents just don't have that kind of sway over retail markets. Whether it's poor management, changing buying habits or other market factors, it doesn't make any difference who was in the White House, these businesses were likely to fail if they didn't make radical changes to their business model.

I believe they were just saying that Toys R Us closing and causing 30K to be unemployed could wipe out some (or most?) of the job gains that Trump was trying to get, regardless of whether it was his fault - which in this case, it isn't, of course. Sears too has been struggling for a really long time.

Unless I know exactly what will be coming in the box being shipped, I prefer going to a store and actually seeing /touching the item I might buy


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(03-21-2018 10:59 PM)thespiritof1976 Wrote:  

(03-21-2018 10:45 PM)Fort Bend Owl Wrote:  

(03-21-2018 10:32 PM)Bull_Is_Back Wrote:  

(03-21-2018 03:27 PM)Old Dominion Wrote:  So Toys R us is closing down, putting 30,000 out of work. If e-commerce keeps putting brick and mortars out of business, could this put enough people out of work that Trumps jobs creation efforts are for naught?

Toy's are us was not put out of business because they are birck and mortar. They went out because (1) they were overpriced (2) Their store layouts have not changed in 30 years (3) they mismanged debts.

http://money.cnn.com/2018/03/20/news/com...index.html

KB Toys is going to step up and fill that void.

Companies like Best Buy, Target, and Walmart have shown the survival formula. Hybrid B&M/ECommerce.

I assume you're kidding about KB Toys. They've been out of business since 2009.

Walmart, Target and Amazon will be the only national toy retailers. Amazon actually is talking about buying some of the Toys R Us stores, although I don't know if they're going to open up an actual retail store or use them as a distribution center? I do think local, independent toy stores can make a comeback. There is still a value in bringing a kid to a toy store and let his imagination run wild. But it has to be an FAO Schwarz type of experience and that costs money.

I have also heard KB Toys coming back. Not sure what their economic model is going to be though....

Yes, KB Toys is coming back. Someone owns the name is going to make a go of it. First will be pop up stores and depending on how that goes, maybe full blown stores in the future.

(03-22-2018 11:08 AM)Jjoey52 Wrote:  Unless I know exactly what will be coming in the box being shipped, I prefer going to a store and actually seeing /touching the item I might buy

Which is why I think the big box retailers of today are going to redesign their stores. Reduce the consumer floor space to have examples you can examine instead of stacking 10 boxes of the item on a shelf. Small showroom with the back serving as a warehouse. You tell them the product you want, it comes from the back. You live 25 minutes away, they pull it for you to come get or they deliver it to you.

(03-22-2018 11:03 AM)NIU007 Wrote:  

(03-22-2018 12:15 AM)Zombiewoof Wrote:  I have made no secret that I am not a fanboy of our current president. But IMO, to suggest that the closing of TRU, Sears, JC Penney or any other retailer would be in any way the fault of Trump's policies is absurd. These retailers were having problems long before 2016 and presidents just don't have that kind of sway over retail markets. Whether it's poor management, changing buying habits or other market factors, it doesn't make any difference who was in the White House, these businesses were likely to fail if they didn't make radical changes to their business model.

I believe they were just saying that Toys R Us closing and causing 30K to be unemployed could wipe out some (or most?) of the job gains that Trump was trying to get, regardless of whether it was his fault - which in this case, it isn't, of course. Sears too has been struggling for a really long time.

Most of the people I know who worked at TRU were already working second jobs. One of our dispatch supervisors started out at TRU when she graduated high school and stayed on with them after getting hired on with us. She was still there until they closed the store.

(03-22-2018 11:16 AM)arkstfan Wrote:  

(03-22-2018 11:08 AM)Jjoey52 Wrote:  Unless I know exactly what will be coming in the box being shipped, I prefer going to a store and actually seeing /touching the item I might buy

Which is why I think the big box retailers of today are going to redesign their stores. Reduce the consumer floor space to have examples you can examine instead of stacking 10 boxes of the item on a shelf. Small showroom with the back serving as a warehouse. You tell them the product you want, it comes from the back. You live 25 minutes away, they pull it for you to come get or they deliver it to you.

I think you're on to something with the store redesign.

There are some things people want to see, touch, etc before buying. I worked for Best Buys many many moons ago and can tell you there IS a difference in TV pictures. I would like to see what my screen will look like before buying.

We're probably looking at something like a hybrid Amazon set up where "displays" are set-up for people to see then you have the option of carry out, delivered same day, or order online availability if one wants to "shop around". The super-store concept is dead and buried.

(03-22-2018 09:30 AM)Bull_Is_Back Wrote:  

(03-22-2018 05:04 AM)bubbapt Wrote:  Toys R Us is out of business because people went to one of their stores, tried to find a toy, and left.


Then they went to Target, and found it.

This!

The staff was indifferent, the layout was awful, and the prices were over inflated. It felt like a freaking "Big Lots" without the discount prices.

Weren't they one of those that did away with boys and girls sections and became politically correct?

(03-22-2018 05:04 AM)bubbapt Wrote:  Toys R Us is out of business because people went to one of their stores, tried to find a toy, and left.


Then they went to Target, and found it.

Doubt they found it at Target. Target has been stocking real lightly for about 5 years.

(03-22-2018 11:08 AM)Jjoey52 Wrote:  Unless I know exactly what will be coming in the box being shipped, I prefer going to a store and actually seeing /touching the item I might buy


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That's why I got away from mail-order brides.