Bain Capital is Mittens Romney's operation ...
Bain Capital is Mittens Romney's operation ...
LBOs are always high risk/high reward. Bain prob still came out *ok* - it’s debt holders that will get hosed.
It’s a concept that maybe is past its expiration date.
Back in the 80s the place was a reward to visit as a kid even if you didn’t get anything. The racks of pristine BMX bikes, the wall of action figure boxes you thought were 80 feet tall, and the “dream toys” behind the big glass case that you just stare at in awe.
Oh well...that’s the way it goes.
Slightly off-topic, but I always wondered why companies who’s very existence depends on a steady stream of children being born and raised in normal households do not staunchly push for family-friendly legislation (both state and federal).
You would think, for example, that companies who make diapers and baby/toddler clothes would come against abortion in a big way.
Seems that Toys are Us would fall into that category.
Does this mean you can no longer Borrow your way to Prosperity?? Maybe someone should inform Congress
Toys R Chinese.
Too much debt is stupid.
We stopped going there to purchase toys after parents used it as a free carnival for their kids. Feral youngsters careening around the aisles on bikes - opened boxes with toys left strewn on the floor - kids screaming and tearing around in the parking lot - not a friendly place for actual purchasers.
I assume that if the employees tried to maintain order, the parents would have blistered their ears.
Not to sound like a geezer, but kids didn’t do this when I was one myself.
Amazon and walmart strike again. I hate to see this brand go by the wayside but I guess it is progress.
Should have went direct online years ago.
Why didn't all those companies become victims of LBOs and what we used to call 'greenmail'?
Something fishy is going on.
...they have a huge warehouse within two miles of my location,...operates 24/7,constant trucking activities,(distribution center)
and loaded with illegals
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.
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.
“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.
Also they have grown hip to the idea of buying them second hand.
Good riddance. Toys r us needs some competition either way. Bring back Kiddie City any day!!