Nailed It !
Posted on 09/16/2017 6:13:48 AM PDT by Zakeet
Didn’t Toys’R Us have a downtown Manhattan store that was just a money hole? While the 110,000 sft store and play room attracted tourists, the sales did not make a dent to the pricey Times Square rent. They closed it last year but having it run for so many years did not help the bottom lime at all.
“Amazon and Walmart strike again”...long before Amazon. I quit going to Toys r Us. I don’t even know why, but for some reason it lost its appeal.
That's a great point that reaches many other companies and markets of consumers. I think companies will take a hit to prevent backlash from radical opportunists. I guess bad publicity and boycotts hurt them more as a loss than profits to be made. What do I know? Maybe some of these companies are actually lead by leftists who push agenda and use the company as the vehicle to do it. What do they care? A CEO can run a company in the ground and ruin it by pushing a social agenda and still leave with a multi-million dollar golden parachute to be hired by another fortune 500 company.
Exactly - the limited partners get hosed in these deals, the general partners ‘earn’ obscene management fees.
A policy of sound money would limit the excesses of Buyout leverage deals.
I am all for vigorous capitalism, but not using QE funny money. Sound Money equals a sound economy
This is why a company like Disney has been supporting Planned Parenthood for years. Disney knows damn well that large families can't afford to buy lots of useless sh!t and take expensive vacations to their overpriced resorts.
Solution: “Nordstrom”.
“I think companies will take a hit to prevent backlash from radical opportunists. I guess bad publicity and boycotts hurt them more as a loss than profits to be made”
Chick-Fil-A.
Silent Majority (even if just a slim one).
Perhaps your kids grew up?
Nailed It !
yes they did. Who wants to take toys home from Times Square rather than buy at you neighborhood store.
They are opening a pop up store http://money.cnn.com/2017/08/10/news/companies/toys-r-us-times-square/index.html
Why go to Toys'R Us in Manhattan when there's FAO Schwartz?
I quit going there before the kids grew up...can’t put my finger on exactly why though.
Toys are so 20th Century. Now kids primarily want to play games on a cell phone, or a Play Station. Don’t have to go to a store to download the latest games.
It is almost impossible to navigate in department stores anymore.
I realize the logic that those areas are prime realestate but it can be frustrating.
So how’s that ‘trans-gendered’ kids’ toy idea working out for you? Hope the stockholders sue the hell out of the CEO and his minions.
“Amazon and walmart strike again.”
Wrong. Piss-poor management did them in. People love to go to TRU and let their kids try things out and pick things for birthdays and Christmas. TRU, however, did what all companies are doing and that is hiring cronyism and not competence.
“Video killed the radio star” and the toy store too. Well, the video game did. I rarely see kids playing with traditional toys. Bikes, kick balls, easy bake ovens, are becoming relics of a bygone world.
We still go to big nox stores to browse. That’s often how you find new products. Nothing like looking at them and touching them. The retailers just have to be smarter about it.
It’s quite misleading to compare long-term debt to cash and equivalents. A better pairing is: long-term debt; and total assets. Cash vs. short-term debt is also a useful pairing.
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