How Toys 'R' Us Went Bankrupt | WSJ

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  • เผยแพร่เมื่อ 27 ธ.ค. 2024

ความคิดเห็น • 2.2K

  • @itsourtubenow9729
    @itsourtubenow9729 5 ปีที่แล้ว +1905

    Toys ‘R’ Us is thriving here in the Philippines. The toys aren’t as cheap as local toy stores but its still alive here.

    • @sillycheese301
      @sillycheese301 5 ปีที่แล้ว +77

      Oh it's still open there? All of the UK ones are shut down.

    • @eternal_seokjin7441
      @eternal_seokjin7441 5 ปีที่แล้ว +48

      Yeah... I still buy most of my collectables there :v
      Moreover it's christmas season... The store will be filled with people
      (I shop at the Robinson's Place branch)

    • @kaimeng8817
      @kaimeng8817 5 ปีที่แล้ว +24

      Singapore ones are still here too

    • @graxie89
      @graxie89 5 ปีที่แล้ว +19

      Same in Malaysia

    • @ionlycommentnosrsly8733
      @ionlycommentnosrsly8733 5 ปีที่แล้ว +6

      Copycatz I don’t think in Canada tho.

  • @andriod8014
    @andriod8014 5 ปีที่แล้ว +2968

    When I was little, Toys “R” Us felt a magical place.

    • @WordierHalo75
      @WordierHalo75 5 ปีที่แล้ว +41

      Cuz it was

    • @adamd6648
      @adamd6648 5 ปีที่แล้ว +19

      It was

    • @xaratian
      @xaratian 5 ปีที่แล้ว +7

      ok boomer

    • @PinkAugust0
      @PinkAugust0 5 ปีที่แล้ว +45

      @@xaratian how old are you tho

    • @johnnyfavorite1194
      @johnnyfavorite1194 5 ปีที่แล้ว +10

      I thought so too... Until Geoffrey the Giraffe started chasing me with an Axe.

  • @Maya-sv1pz
    @Maya-sv1pz 5 ปีที่แล้ว +3300

    funny, Toys R Us is one of the most expensive toy store in Asia, never affordable, cannot relate to their slogan

    • @revx2664
      @revx2664 5 ปีที่แล้ว +157

      I think it's due to the fact that most of the Asian parents look at toys with such a high price a waste of money.

    • @MatthewCobalt
      @MatthewCobalt 5 ปีที่แล้ว +68

      @@revx2664
      Yeah.
      Also, Think "video games are a waste of time" turned up to 11.
      The only way I can even play stuff (and justify it to my parents) was through purchasing cheap, pirated copies or just cut the middle man all together. This is for PC gaming, by the way.

    • @revx2664
      @revx2664 5 ปีที่แล้ว +6

      @@MatthewCobalt same for me. Mine also for PC gaming.

    • @a.s.l711
      @a.s.l711 5 ปีที่แล้ว +24

      for asian, a toy is just toy....no matter brand or not.......unless some fussy westernised one.

    • @watson7138
      @watson7138 5 ปีที่แล้ว +12

      Lol True,getting a standard nerf gun is like my lunch money collected for 2months

  • @asareelferrer1439
    @asareelferrer1439 5 ปีที่แล้ว +620

    I remember every time my parents said “were going to Toys “R” Us tomorrow”, I couldn’t even sleep tte night before 😂🤣😪😢😭

    • @aaronkullar8558
      @aaronkullar8558 5 ปีที่แล้ว +21

      Asa Ferrer dude same. My baby brother isn’t even going to know what it feels like. Crazy how the tables turn so fast

    • @maximuslee5670
      @maximuslee5670 5 ปีที่แล้ว +2

      Same.

    • @chowfun6526
      @chowfun6526 5 ปีที่แล้ว +2

      My parents never took me to ToysRUs. :(

    • @jimmyjamedwards5967
      @jimmyjamedwards5967 5 ปีที่แล้ว +1

      As a kid first we had Children's Palace. Then the competitor Toys R Us moved in and put stores within blocks of the Palace stores. Now they are both gone.

    • @018-s7f
      @018-s7f 4 ปีที่แล้ว

      Randy White it was too expensive (it was expensive because they were bankrupted)

  • @Tedster0
    @Tedster0 4 ปีที่แล้ว +273

    I was lucky to be able to experience Toys ‘R’ Us when I was younger.

  • @turradaturra
    @turradaturra 5 ปีที่แล้ว +8396

    lowest price? are you kidding? Toys r us was super expensive

    • @MrBobberino01
      @MrBobberino01 5 ปีที่แล้ว +523

      That was before Walmart

    • @n0oo7
      @n0oo7 5 ปีที่แล้ว +214

      In 2015 or 1993?

    • @HaikHakopyan
      @HaikHakopyan 5 ปีที่แล้ว +401

      Before Walmart it was considered cheap

    • @davidstring8301
      @davidstring8301 5 ปีที่แล้ว +168

      They were being compared to other toy stores, because toys used to come from specialty toy stores, and they were cheaper than the other toy stores. But no, Walmart, Target, Kmart, etc were cheaper

    • @SonicSP
      @SonicSP 5 ปีที่แล้ว +56

      Dude did you not watch the whole video? They explained the price thing.

  • @rottweiler938
    @rottweiler938 5 ปีที่แล้ว +1150

    “They were just kicking the can down the road and eventually the road came to an end and they fell off a cliff” is now my favourite quote

    • @Mureirsa
      @Mureirsa 5 ปีที่แล้ว +9

      ROTTWEILER me too, thanks for writing it out

    • @cardinalsenpai
      @cardinalsenpai 5 ปีที่แล้ว +6

      The second i saw this comment they said the exact same quote.

    • @Jekfhfhdb
      @Jekfhfhdb 5 ปีที่แล้ว +2

      CardinalSenpai DUDE Same

    • @drytoiletpaper7807
      @drytoiletpaper7807 5 ปีที่แล้ว

      @@cardinalsenpai same.

    • @comradestalin5395
      @comradestalin5395 4 ปีที่แล้ว

      Cliffjumper is named cliffjumper because he jumps off the cliff

  • @moelester.3775
    @moelester.3775 5 ปีที่แล้ว +2910

    Walmart beat a Toy store? Walmart has literally like 3 sections of toys .

    • @justafricn2704
      @justafricn2704 5 ปีที่แล้ว +179

      Water Sheep “Save money live better” WaLmArT

    • @zh4y
      @zh4y 5 ปีที่แล้ว +53

      Actually they have 10 in a half depending on the place you go :/

    • @OhDearGod48
      @OhDearGod48 5 ปีที่แล้ว +34

      I believe it's technically because it was alot more convenient

    • @zachduperron8543
      @zachduperron8543 5 ปีที่แล้ว +20

      Walmart save money live better by having hardly anything

    • @kurapika9691
      @kurapika9691 5 ปีที่แล้ว +58

      When I was a kid, I worked at Walmart and the majority of the toys being sold were part of the "hot toys" of the season. What I'm saying is that most kids want the same toy, the one their friends have and the ones they see on TV. That's why only 3 sections of toys was enough.

  • @wavyiann9788
    @wavyiann9788 4 ปีที่แล้ว +33

    I’m a 2000s baby and I still loved toys r us it was literally magical I can’t describe it it’s just a special feeling,just being in it’s presence was super amazing

    • @paullowman9131
      @paullowman9131 2 ปีที่แล้ว

      I'm all grown, but when I went into the store to buy my nieces toys I have to admit I felt the same thing. 😊

  • @Menntes
    @Menntes 5 ปีที่แล้ว +132

    Toys “R” Us is still going strong in Canada, although it’s quite expensive.

    • @karenr8513
      @karenr8513 4 ปีที่แล้ว

      Menntes lucky

    • @scorpyin
      @scorpyin 4 ปีที่แล้ว +4

      Going strong... In Canada? What? No they're not! The official stores have all shut down. It's reduced to online services and express locations to pick up your stuff. Canada still has Babies R Us, but traditionally, Canada is where retail goes to die.

    • @cherryzlol
      @cherryzlol 4 ปีที่แล้ว

      The toys r us in new york is also open

    • @silentcomanche6987
      @silentcomanche6987 3 ปีที่แล้ว

      @@scorpyin cause America kills every good thing that happens to it

    • @evaneditstm5098
      @evaneditstm5098 3 ปีที่แล้ว

      @@scorpyin Do you live in Canada?

  • @MissGenie0607
    @MissGenie0607 5 ปีที่แล้ว +471

    I don’t know about low prices... Toys ‘r’ us was like a playground I looked at but could never play on. My family couldn’t afford it

    • @esco5593
      @esco5593 5 ปีที่แล้ว +17

      For my family it was like a special occasion

    • @luv3bud
      @luv3bud 5 ปีที่แล้ว

      SchwiftedBear fr

    • @couchpotato8782
      @couchpotato8782 5 ปีที่แล้ว

      Yep

    • @davidlopez5859
      @davidlopez5859 5 ปีที่แล้ว

      yea especially some of those lego sets over $80

    • @KianPatel33
      @KianPatel33 5 ปีที่แล้ว

      Oh my gosh I feel so bad for you

  • @xSleeper.
    @xSleeper. 5 ปีที่แล้ว +1281

    When i was a Kid, my parents Took me to toysrus and there were almost no customers and my parents just were shocked about the prices...
    I didnt got what i wanted

    • @eggshells652
      @eggshells652 5 ปีที่แล้ว +57

      Like_a_Sleeper window shopping was common for me here lol, could play with the toys for like 4 minutes

    • @fondren001
      @fondren001 5 ปีที่แล้ว +49

      Same I was born in 95 and got my Pokémon yellow version from toysRus. Went there once a year for my bday BECAUSE it was so much more expensive.
      Every time little to no customers. I don’t remember seeing a single kid actually but once or twice..

    • @officermeowmeowfuzzyface4408
      @officermeowmeowfuzzyface4408 5 ปีที่แล้ว +29

      They're still open in Canada, when I visit I comment loudly to other customers how overpriced everything is. I'll write down prices and find what I'm looking for elsewhere. I make sure staff see me writing down prices, in a suit and tie, on a nice executive notebook. Then walking out without making a purchase. Just like they would do to all mom&pop stores. Hopefully they also go bankrupt.
      F toysrus.

    • @mazoolegzi69
      @mazoolegzi69 5 ปีที่แล้ว +1

      Officer Meow Meow Fuzzyface 😂

    • @jezzbeary
      @jezzbeary 5 ปีที่แล้ว +4

      *get

  • @rainy_bean8220
    @rainy_bean8220 5 ปีที่แล้ว +3317

    I just realized our kids wouldn't get to experience toys R us

    • @honeybdream
      @honeybdream 5 ปีที่แล้ว +80

      It's still in Canada 🇨🇦

    • @AridChannelOfficialSG
      @AridChannelOfficialSG 5 ปีที่แล้ว +26

      Unless you go to Singapore

    • @princessthyemis
      @princessthyemis 5 ปีที่แล้ว +15

      omg. THAT IS SO SAD.

    • @cabruh667
      @cabruh667 5 ปีที่แล้ว +19

      ok boomer

    • @MotorsportCreative
      @MotorsportCreative 5 ปีที่แล้ว +53

      Pretty sure they wouldn’t care anyways. They got their IPhones 11 Pro.

  • @themissingbracket
    @themissingbracket 4 ปีที่แล้ว +56

    1977: Video games are just a fad
    2017: *We underestimated our enemy*

  • @dnlcast2
    @dnlcast2 5 ปีที่แล้ว +8

    My parents were poor when I was a kid in the late 80's, we never had much. But when a toys r us opened in our city, my mom took us just on a whim. It was truly a magical experience. I was almost breathless as an 8 year old, never knew a store like this existed .

  • @1nePercentJuice
    @1nePercentJuice 5 ปีที่แล้ว +714

    I remember their Legos were always mad expensive when I was a little kid.

    • @bigchivo4199
      @bigchivo4199 5 ปีที่แล้ว +42

      Everything

    • @arbaz79
      @arbaz79 5 ปีที่แล้ว +70

      Legos are still expensive af

    • @johndowe7003
      @johndowe7003 5 ปีที่แล้ว +15

      Everything was expensive in that fkin store

    • @hiro0500
      @hiro0500 5 ปีที่แล้ว +7

      Yup, everything was expensive there

    • @ChairmanMeow1
      @ChairmanMeow1 5 ปีที่แล้ว +6

      legos have been and will always be expensive cause they're all imported from denmark

  • @teabsv.21
    @teabsv.21 5 ปีที่แล้ว +155

    "i remember kids screaming and crying for the awsome toys on shelves while screaming and begging back then...good times.

  • @TheNeverposts
    @TheNeverposts 5 ปีที่แล้ว +385

    They've should've added services to the company, like run some kind of kid's play area on site

    • @sudokopanda7677
      @sudokopanda7677 5 ปีที่แล้ว +23

      red drib yes, something like Chuck E Cheese. They're never empty lol

    • @sousalty465
      @sousalty465 5 ปีที่แล้ว +3

      One toys r us at a mall I know actually has an area. I don't remember if I was for playing or drawing, I haven't been there in a while

    • @psychedelic5263
      @psychedelic5263 5 ปีที่แล้ว +1

      red drib , that would cost money to build ( and they closed cuz they were bankrupt :( )

    • @TheNeverposts
      @TheNeverposts 5 ปีที่แล้ว

      @@psychedelic5263 you don't know how "should've" works, huh?

    • @TheNeverposts
      @TheNeverposts 5 ปีที่แล้ว

      @@sudokopanda7677 that's exactly what I was thinking

  • @fruityabe
    @fruityabe 5 ปีที่แล้ว +162

    I only went to Toys “R” Us to run around and play with random toys.

    • @Yous0147
      @Yous0147 4 ปีที่แล้ว +1

      Hahahah same here kinda. I did go a few times specifically for one specific thing I had set my eyes on, but the few times I was there I did have to try my fair share of toys

    • @intuitivediane
      @intuitivediane 3 ปีที่แล้ว

      Yeah I don’t remember buying a thing 😂😂

  • @kenfaganjr.7357
    @kenfaganjr.7357 7 หลายเดือนก่อน +1

    This story makes me sad. As a young boy I loved this store. These stores are important to help children dream and foster their creativity. My favorite toy store!

  • @tnvrkrsandhu
    @tnvrkrsandhu 5 ปีที่แล้ว +57

    My favorite part of Toys ‘R’ US was the train section. I loved the the train tracks they had set up, and I would play with the trains alongside my siblings whenever we went.

  • @humbertoolivarez4770
    @humbertoolivarez4770 5 ปีที่แล้ว +699

    Long story short everything was expensive so no one wanted to buy anything
    (For those of you in the comments, it's a joke, stop taking things so serious🥱)

    • @haroldinho9930
      @haroldinho9930 5 ปีที่แล้ว +5

      Humberto Olivarez In 2015 or 1993?

    • @dacypher22
      @dacypher22 5 ปีที่แล้ว +12

      Sad thing is, that is what the toys should have cost. Like the video said, Wal-Mart was selling all of their toys at a loss just to get parents in the store. That is why the toy section was never near the front of a Wal-Mart.

    • @panama2468
      @panama2468 5 ปีที่แล้ว +1

      Wrong. The price was fine. Bain capital offloaded their huge loan onto toys r us, and forced TRU to pay bonuses, and filed bankruptcy to clear that loan.

    • @fbgduval
      @fbgduval 5 ปีที่แล้ว

      ain't neva lied

    • @PatrickMcAsey
      @PatrickMcAsey 5 ปีที่แล้ว +1

      Humberto Olivarez It's much more complicated than that. Stop all this over-simplifying.

  • @historycallgeneral1051
    @historycallgeneral1051 5 ปีที่แล้ว +259

    I just can’t believe it’s closed.

  • @remico8122
    @remico8122 5 ปีที่แล้ว +96

    We all just went in their to play while our parents sat down 😂
    No one bought nothing

    • @lil_twins_
      @lil_twins_ 4 ปีที่แล้ว +4

      Bruh that was me with my dad

    • @benallen2196
      @benallen2196 3 ปีที่แล้ว

      I remember maybe buying like 5 things there in 10 years and it was mostly my grandma who got them

  • @martinzuniga6605
    @martinzuniga6605 4 ปีที่แล้ว +8

    Toy'R'us was heaven for kids. I remember my mother taking me there very few times because it was "too expensive". It clearly was, often times you found the same toy in target or Walmart for way lower price

  • @LemystereManCarloc
    @LemystereManCarloc 5 ปีที่แล้ว +150

    Fond memories of the Times Square Ferris Wheel store.

    • @SnowFoxParty
      @SnowFoxParty 5 ปีที่แล้ว +6

      Same...I remember when they removed the t rex from the NYC store

    • @andreamoscoso4065
      @andreamoscoso4065 5 ปีที่แล้ว +1

      Same

    • @ihatelittlekids4453
      @ihatelittlekids4453 5 ปีที่แล้ว

      Lemystere Man Carlo c must be nice to be rich

    • @extra_ice_girl
      @extra_ice_girl 5 ปีที่แล้ว +8

      That place was a tourist attraction in itself. The ferris wheel, T-rex, Transformers. It was awesome.

    • @muqaddirnafi3600
      @muqaddirnafi3600 5 ปีที่แล้ว +5

      I never got to go on the Ferris wheel 😭

  • @jimmyjamzzz3046
    @jimmyjamzzz3046 5 ปีที่แล้ว +80

    They didn't go bankrupt the board walked away with millions each. They got robbed...

    • @jimmyjamzzz3046
      @jimmyjamzzz3046 5 ปีที่แล้ว +1

      @cpk1994 there was no reason for them to. theyre board members got greedy and shut it down. therefore those board members robbed the workers of what was rightfully theirs.

    • @jimmyjamzzz3046
      @jimmyjamzzz3046 5 ปีที่แล้ว +2

      @cpk1994 so the workers didn't deserve a severance package but the people who ran the company into the ground deserve millions? you sound like a corporate socialist.

    • @jimmyjamzzz3046
      @jimmyjamzzz3046 5 ปีที่แล้ว

      @cpk1994 thats a pretty fancy way of saying the people on the board, that apparently did their job horribly, stole millions from the workers that actually did their job correctly.

    • @jimmyjamzzz3046
      @jimmyjamzzz3046 5 ปีที่แล้ว +2

      @cpk1994 you sound like a corporate socialist defending people that run companies out of business for personal profits.

    • @FML_85
      @FML_85 4 หลายเดือนก่อน

      They were bought out by private equity. If that's what you mean by their "board"....

  • @hekakakkaka
    @hekakakkaka 5 ปีที่แล้ว +254

    Theres still toys “R” us in other countries

    • @appleberrypie5078
      @appleberrypie5078 5 ปีที่แล้ว +1

      jamjam kate 🤦‍♀️

    • @ChairmanMeow1
      @ChairmanMeow1 5 ปีที่แล้ว +10

      in other countries where amazon doesn't have a foothold*

    • @123-t9f8t
      @123-t9f8t 5 ปีที่แล้ว +4

      jamjam kate like one Canada

    • @kefireq4211
      @kefireq4211 5 ปีที่แล้ว +1

      There are still open in Poland

    • @coolspot18
      @coolspot18 5 ปีที่แล้ว +6

      ​@@ChairmanMeow1 No, Toys R Us is doing well in Canada, they kept the stores in better condition up here and have decent sales. Amazon is here too, but it's not the same for kids to browse online vs a toy store store.

  • @TheCyq
    @TheCyq 5 ปีที่แล้ว +63

    In Australia they literally had the most expensive toys ever

    • @bilek294
      @bilek294 3 ปีที่แล้ว +1

      @@mffy7669 100$ only for a plastic lightsaber lol

  • @sugercane7213
    @sugercane7213 4 ปีที่แล้ว +10

    I remember when our store closed. They had a "everything must go" sale going on, but it was still so much. Only half the stuff there was on sale, and even then most of it was only 15 or 25% off. The shelves remained full.

  • @DominoCricket
    @DominoCricket 5 ปีที่แล้ว +19

    Shout outs to all the employees that got screwed over by this, yall made the Toys R Us experience magical for every kid who entered!

    • @staringcorgi6475
      @staringcorgi6475 2 ปีที่แล้ว

      It was bc 3 companys made them fail if they had the money to buy they’d still be open

  • @tukaluna5576
    @tukaluna5576 5 ปีที่แล้ว +75

    Im kinda glad now that my parents always said No to whenever I wanted to go there when I was younger, that helped teach me about never spending on overpriced stuff

    • @I_WANT_MY_SLAW
      @I_WANT_MY_SLAW 5 ปีที่แล้ว +7

      Kinda like how Donald Trump doesn't pay his taxes.

    • @poop143
      @poop143 5 ปีที่แล้ว +2

      Ok boomer

    • @tukaluna5576
      @tukaluna5576 5 ปีที่แล้ว +5

      Bruh Im 20 lol
      Im not from that Era

    • @couchpotato8782
      @couchpotato8782 5 ปีที่แล้ว

      @@poop143 im confused,am i the only gen z person thats knows toys r us

    • @JTB128650
      @JTB128650 5 ปีที่แล้ว +1

      i like birbs majority of boomer generation is mad cocky. They ain’t playing 1,000 to 5,000 for a apartment. Back then everything was cheap and livable. I got to spend 150-250 for food. It’s ridiculous.

  • @angiebyars5030
    @angiebyars5030 5 ปีที่แล้ว +123

    “Solus” kind of sounds like soulless

    • @sofya3033
      @sofya3033 5 ปีที่แล้ว

      Rachael

    • @Kayehardy
      @Kayehardy 5 ปีที่แล้ว +8

      fits with their business model

    • @zachsteiner
      @zachsteiner 5 ปีที่แล้ว

      Glad someone brought that up lol

  • @midden8619
    @midden8619 5 ปีที่แล้ว +15

    I’m just glad I got to experience this place while it was still in business

  • @Truth-of-the-matter
    @Truth-of-the-matter ปีที่แล้ว +3

    Just remember there is no "fail" safe business. Don't assume the company you work for today will exist in 20 years.

  • @aacc8466
    @aacc8466 5 ปีที่แล้ว +68

    they shot themselves in the face when they exited amazon store.

    • @ecclairmayo4153
      @ecclairmayo4153 5 ปีที่แล้ว +17

      Yeah that was the nail in the coffin. They overstated their value at that point

    • @FML_85
      @FML_85 4 หลายเดือนก่อน

      Nah. Amazon is a monopoly and screws over their sellers.

  • @zammmerjammer
    @zammmerjammer 5 ปีที่แล้ว +80

    The hedge fund that bought up their debt is called Solus, pronounced "Soulless"
    Very on the nose, guys.

  • @auntielizzette2017
    @auntielizzette2017 5 ปีที่แล้ว +77

    Gaddamn I remember my parents convincing me we’re billionaires and the toys at toysrus were super expensive

  • @TheBombyExtra
    @TheBombyExtra 5 ปีที่แล้ว +58

    "How Toys'R'Us Went Bankrupt"
    *Laughs In Canadian*

    • @usdd.govontiktok
      @usdd.govontiktok 4 ปีที่แล้ว +1

      Sucks you to be Canadian cuz toys r us will go bankrupt in 2021
      *Laughs in Mexican*

  • @heavenly_10713
    @heavenly_10713 2 ปีที่แล้ว +1

    Toys "R" Us brought me so many memories. 10 years ago I fell in LOVE with Toys "R" Us. Even now when im 15, I still miss it ):

  • @MercenaryBlackWaterz
    @MercenaryBlackWaterz 5 ปีที่แล้ว +96

    They were gonna get their severance money then SOULLESS Asset Management stepped in...

    • @marcelsilva7693
      @marcelsilva7693 5 ปีที่แล้ว +1

      .....affiliated with their sister co Hartless

  • @ace-4634
    @ace-4634 5 ปีที่แล้ว +9

    I remember going to the Toys R Us near some mall and I’d just look around and I was always so amazed by how big it was.

  • @kekitsu
    @kekitsu 5 ปีที่แล้ว +23

    2018: We 'R' bankrupt
    2020: We 'R' back

    • @_tablearmy_
      @_tablearmy_ 4 ปีที่แล้ว

      It's like club penguins

    • @ABHIJITHVIVEK
      @ABHIJITHVIVEK 4 ปีที่แล้ว

      I don't think toys r us can make a comeback in the middle of this pandemic

    • @ABHIJITHVIVEK
      @ABHIJITHVIVEK 4 ปีที่แล้ว

      @@_tablearmy_ the official club penguins was shutdown by disney. The new version was run by private servers illegally using the brand name and there were accusations that pedophiles were on the platform . Eventually Disney stepped in and shutdown these private servers

  • @dragonzgaming5056
    @dragonzgaming5056 5 ปีที่แล้ว +10

    Who else got super depressed thinking about their childhood and then seeing their childhood just be taken away as toys r us goes bankrupt.

  • @ohsnap1454
    @ohsnap1454 5 ปีที่แล้ว +1

    The Toys R Us in NYC Time Square was phenomenal! It was huge,had a Ferris wheel,a dino from Jurassic Park,a awesome LEGO section, a beautiful Barbie House,it was amazing being a NY kid from the 2000s :')

  • @TET2005
    @TET2005 5 ปีที่แล้ว +62

    It just tells that no business model will last forever... need to evolve and make good decision to survive and thrive.

  • @1stnamelastname129
    @1stnamelastname129 5 ปีที่แล้ว +6

    Man Toys R Us brings back memories. Who remembers K B Toy Stores?

  • @mparryuk52
    @mparryuk52 5 ปีที่แล้ว +35

    Yes they're gone and some investors' got extremely rich but their prices were way too high in the UK for the last 8 or so years and my local store was confusingly laid out.

  • @sakuraaaa101
    @sakuraaaa101 5 ปีที่แล้ว +33

    As a 2000's kid toys are us will forever live on in my heart

    • @DoodleyDoodah
      @DoodleyDoodah 5 ปีที่แล้ว

      MarchBloxBoy theone 2000s kid as well!!

    • @lewisbishop2998
      @lewisbishop2998 5 ปีที่แล้ว

      MarchBloxBoy theone I was born in 2007 does that count?

    • @sakuraaaa101
      @sakuraaaa101 5 ปีที่แล้ว +2

      @@lewisbishop2998 to be a 2000's kid you have to be born between 2000 and 2010 so you are good

    • @unknown-jr3xe
      @unknown-jr3xe 5 ปีที่แล้ว

      @MarchBloxBoy theone
      But to be a 2000’s kid don’t you have to remember being alive in the 2000’s. Since Lewis was born in 2007 he may not remember 2008-2009.
      I was born 11 days before 2005, early 2000’s but I only remember the late 2000’s. So I’m a late 2000’s kid

    • @ks5865
      @ks5865 5 ปีที่แล้ว

      @@sakuraaaa101 No that's 2010s kid. 2000s kid was being a KID in the 2000s not a baby. So 90s babies are 2000s kids.

  • @verticalflyingb737
    @verticalflyingb737 5 ปีที่แล้ว +65

    "Toys "R" Us went bankrupt in 2017"
    Toys "R" Us stores in Asia: *Ping: 1000*

    • @wilddog9
      @wilddog9 4 ปีที่แล้ว

      Did you watch the video? They explained this.

  • @summertime69
    @summertime69 5 ปีที่แล้ว +27

    We should ask where Toy r us 's debt came from.
    It was bought by hedge fund managers who bought it on credit, then made the loans payable by Toys r Us. Their debt was the debt of their owners for buying it.
    As the video says, the debt made it so TRU couldnt invest in their internet store or other long term strategies.

    • @jodirex4639
      @jodirex4639 5 ปีที่แล้ว +3

      The initial debt wasnt really debt but equity, the punch came when toys r us didnt look profitable so the equity actually became liability.

  • @borderhpper
    @borderhpper 5 ปีที่แล้ว +23

    I feel bad for my young cousin who never got to experience the joy of entering a toy store like Toys “R” Us

  • @alonezlciel
    @alonezlciel 5 ปีที่แล้ว +19

    I felt bad until the last part when they said about Tru Kid. This is corporate strategy to layoff people and restructuring the debt as usual.

  • @danielbuezo9910
    @danielbuezo9910 2 ปีที่แล้ว +1

    I remember going to Toys R Us on Black Friday to buy a Gameboy Advanced SP. magical.

  • @blue8220
    @blue8220 5 ปีที่แล้ว +101

    I honestly don’t see why they just didn’t lower the prices??

    • @turtlebutt711
      @turtlebutt711 5 ปีที่แล้ว +1

      Loans

    • @vel6979
      @vel6979 4 ปีที่แล้ว +2

      Talkinglegodude the Georgie Daddy actually if they went cheaper they would have more customers, this making more money.

    • @tybooskie
      @tybooskie 4 ปีที่แล้ว +7

      @Talkinglegodude the Georgie Daddy Their products were more expensive because they didn't have loss leaders to fall back on. Amazon survived fro so long because of it's cloud services business. Grocery stores are notorious for this. Sandwich bread maybe priced below value but they are making money from sandwich meat. Toys R US could not survive on that model. Debt or no debt; they simply could not lower their prices to match box stores because box stores were pricing below cost.

    • @ispartacus1337
      @ispartacus1337 4 ปีที่แล้ว +1

      @@tybooskie yes, you nailed it. Idk what the other commenters are talking about. They're just guessing and acting like its fact.

    • @tandraarisandi6680
      @tandraarisandi6680 4 ปีที่แล้ว

      Its was because of walmart that sell they toys at a loss and if toy r us make it lower its just make them make a lot of debt just for staying alive a little longer with a bigger debt

  • @g3neralcross911
    @g3neralcross911 5 ปีที่แล้ว +51

    At least their yu gi oh cards selection was god tier’s

  • @burikinodance
    @burikinodance 5 ปีที่แล้ว +12

    In the UK Toys 'R' Us it cost me a tenner to buy a small fidget cube

  • @empireStyle
    @empireStyle 5 ปีที่แล้ว +8

    In the 80s i always wanted to go to toys R us but my dad always told me that was for rich people, we never went

  • @Alagathevictor
    @Alagathevictor 4 ปีที่แล้ว +1

    I remember going to toy stores in the 1990s, and my mum buying a toy for me and my sister. It was magic. I can´t believe it´s gone this way and kids of today may not get this experience

  • @jmontgomery1178
    @jmontgomery1178 5 ปีที่แล้ว +1

    In the early nineties I stocked their shelves during the Christmas rush--you wouldn't believe how many shelves were emptied everyday. We would put out pallet after pallet every night, and still, the toys were flying off the shelves. Crazy.

  • @trevorthefilthyrat3742
    @trevorthefilthyrat3742 5 ปีที่แล้ว +54

    Don't forget the declining birthrates.
    Having a child is very expensive in this economy.

    • @jackson5116
      @jackson5116 5 ปีที่แล้ว +7

      which is funny, because their Babies R Us band is what kept them afloat at the end!

    • @connordrake5713
      @connordrake5713 5 ปีที่แล้ว +4

      Don't forget abortion. It's a main cause of low birthrates. 🙄🙄🙄

    • @Ruben-lf1jc
      @Ruben-lf1jc 5 ปีที่แล้ว +15

      No, everybody just wants to be single nowadays

    • @katiatannus3146
      @katiatannus3146 5 ปีที่แล้ว +2

      But don't forget that going childfree isn't a new thing, it's been happening since God created man and woman

    • @Nickelberkelium
      @Nickelberkelium 5 ปีที่แล้ว +6

      Ruben don’t blame them

  • @CODmontages110
    @CODmontages110 5 ปีที่แล้ว +10

    I remember in the early 2000s going to Toys R Us, begging my parents for a GBA and actually getting one. I always wanted the Spongebob GBA, which I will get one day.

  • @SaraSantos_01
    @SaraSantos_01 5 ปีที่แล้ว +3

    It was one of my favorite stores when I was a kid, it was expensive though. But I remember being so excited to go there just to see the toys.
    My heart cried knowing that one of the places I liked as a kid and were part of my memories was going to close and I would probably never be able to go to a ToysRus again. ;(

  • @kenfaganjr.7357
    @kenfaganjr.7357 7 หลายเดือนก่อน +1

    No more toy commercials on TV since 2000

  • @randomthingsidk3219
    @randomthingsidk3219 5 ปีที่แล้ว +1

    Im a 2008 kid and I loved that store so much. I cried so so so so SOOO much when I found out it was closing :( I really hope they come back

  • @michaelargabright8512
    @michaelargabright8512 5 ปีที่แล้ว +57

    The toy r us at 1:03 Is deadass like 30 seconds from my house

    • @oddurkrummimagnusson7141
      @oddurkrummimagnusson7141 5 ปีที่แล้ว +2

      Michael Argabright cool

    • @xinel4576
      @xinel4576 5 ปีที่แล้ว +1

      I was close to one that looked just like it

    • @thyliz
      @thyliz 5 ปีที่แล้ว

      I seen it somewhere before too-

  • @AlexTheFishEnjoyer
    @AlexTheFishEnjoyer 5 ปีที่แล้ว +13

    the people who have the ToysRus/Jeffery thing will never hold up to how nice the original really was!

  • @user-ti2xi9bd4u
    @user-ti2xi9bd4u 4 ปีที่แล้ว +38

    For the 80s and 90s: “Toys R us “
    For the 00s and 10s:” Apple”

    • @cheeseburgercake7193
      @cheeseburgercake7193 3 ปีที่แล้ว

      That's a lie. in the 00s and 10s everyone went to toys r us

  • @orangejuice1869
    @orangejuice1869 5 ปีที่แล้ว +36

    *They’ve still got Toys R Us where I live.*

  • @cookiecatt9787
    @cookiecatt9787 3 ปีที่แล้ว +1

    Don’t give up hope they’re still 4 Toys “R” Us open the nearest one is six hours

  • @rogofos
    @rogofos 5 ปีที่แล้ว +35

    8:14 "Soulless"

    • @vasiovasio
      @vasiovasio 5 ปีที่แล้ว +1

      Да точно :)

  • @idofurst
    @idofurst 5 ปีที่แล้ว +78

    Toys r us is still operating in israel.
    Sooooo yhe

    • @thecrow9820
      @thecrow9820 5 ปีที่แล้ว +3

      Meanwhile in Egypt, there is no Toys R Us stores in there.

    • @cloudzack1090
      @cloudzack1090 5 ปีที่แล้ว +2

      Oy vey

    • @boimemes3462
      @boimemes3462 5 ปีที่แล้ว

      @A. S. en.m.wikipedia.org/wiki/Pittsburgh_synagogue_shooting

    • @boimemes3462
      @boimemes3462 5 ปีที่แล้ว

      Thanks for the info my dude

    • @boimemes3462
      @boimemes3462 5 ปีที่แล้ว +1

      Yeah most news is overshadowed over stuff that is not as important

  • @wakidkhan1443
    @wakidkhan1443 5 ปีที่แล้ว +4

    Man, so many childhood memories with this place.

  • @tidalwaveprincess917
    @tidalwaveprincess917 5 ปีที่แล้ว +2

    They should have made smaller stores but have them near groceries stores, the only reason Walmart outdid them is because it was convenient to get toys while doing your normal shopping

  • @sonichuizcool7445
    @sonichuizcool7445 4 ปีที่แล้ว +1

    Toys R us was so magical as a kid.... Getting my NES games was memorable.

  • @masonmoore7636
    @masonmoore7636 5 ปีที่แล้ว +8

    that music is giving me hardcore "Mr Monokuma's Lesson" vibes

  • @poohslosteyes264
    @poohslosteyes264 5 ปีที่แล้ว +43

    It's simple: kids want ipads and phones now, not action figures

    • @kcideseehcbutsdrawkcab8334
      @kcideseehcbutsdrawkcab8334 5 ปีที่แล้ว +8

      Not really, it was the price, TRUST ME

    • @3kaj624
      @3kaj624 5 ปีที่แล้ว +9

      i feel like more kids would play with toys if an ipad wasn't cheaper in the long run

    • @ryodwat8265
      @ryodwat8265 5 ปีที่แล้ว +1

      @Lasna34 I have Netflix and I like Netflix because when I eat Netflix it tastes like Netflix

    • @artachi2173
      @artachi2173 5 ปีที่แล้ว +3

      ok boomer

    • @BetaMinusDecay
      @BetaMinusDecay 5 ปีที่แล้ว

      I want transformers tho...

  • @SuperSomieStuff
    @SuperSomieStuff 5 ปีที่แล้ว +3

    Fun Fact: In Canada, "Toys R US" is thriving and they still make ads with the "I dont want to grow up song"

    • @protoluigi2047
      @protoluigi2047 5 ปีที่แล้ว +1

      I see Toys R Us thriving in Singapore!

    • @AntAciieed
      @AntAciieed 4 ปีที่แล้ว

      thats because TRU overseas is not owned by TRU America , the name is franchised

  • @MC_Elie
    @MC_Elie 3 ปีที่แล้ว +1

    I'm a certified Toys R' Us kid. I loved it so much I decided to work there for 4 and a half years! That feeling of spending hours upon hours cleaning and putting new stocks in the aisles gave so much pleasure that I'll always volunteer for an overtime. After 2 years I had to fight with this other guy who also wanted to get into the inventory management position.
    It's the type of dream job that you look forward GOING TO WORK. One of the BEST JOBS I've ever had. And it's sad to see it gone.

  • @ShyLuna44
    @ShyLuna44 5 ปีที่แล้ว

    I’ve been shopping at toys r us my entire life, I’m 40! Toys for myself and my brothers as a kid, bought tons of toys for my nephew all from toys r us and once he was too old we still went there to look at stuff, legos, games...
    I don’t shop for toys online and Walmart doesn’t have much of a selection. I’m glad my city still has toys r us cause your really never too old to look for toys!

  • @sweiland75
    @sweiland75 5 ปีที่แล้ว +141

    "I'm not going to have health insurance"
    American problems.

    • @Jake-rc4ws
      @Jake-rc4ws 5 ปีที่แล้ว +27

      “I pay for low quality healthcare through my taxes”
      Universal healthcare problems.

    • @ChrisGilliamOffGrid
      @ChrisGilliamOffGrid 5 ปีที่แล้ว +6

      @@Jake-rc4ws Most people don't want to pay their own way in this world, always looking for something to be "free."

    • @123-t9f8t
      @123-t9f8t 5 ปีที่แล้ว +19

      Jake “I’m going to die of a mass shooting”
      American Problems

    • @marciaosullivan3200
      @marciaosullivan3200 5 ปีที่แล้ว +9

      @@123-t9f8t I'm going to be bombed and raped by Islamic fundamentalist

    • @Jake-rc4ws
      @Jake-rc4ws 5 ปีที่แล้ว +18

      123 “I’m going to die because I can’t own a gun to defend myself with”
      European problems

  • @RC.41
    @RC.41 5 ปีที่แล้ว +10

    I have that diecast truck, it shows Geoffrey’s family (wife giraffe & 2 kids)

  • @lisacollins6430
    @lisacollins6430 5 ปีที่แล้ว +9

    The real reason toys r us went out of business is because we all grew up

  • @themongrel930
    @themongrel930 5 ปีที่แล้ว +1

    Man I remember walking in Toys R Us and going through the aisle and just looking at all the toys.

  • @jaylinmsmith
    @jaylinmsmith 5 ปีที่แล้ว +2

    I only went to Toys R Us once in my entire life (I’m 14 now). My parents got all my toys at Walmart. My parents always told me that Toys R Us is too expensive and u can get the same toy at Walmart for a cheaper price. And plus there wasn’t a Toys R Us near where I live.

  • @Gunngirl
    @Gunngirl 5 ปีที่แล้ว +4

    I miss Toys ‘R’ Us and Suncoast. The only brick and mortar stores to find cheaper collectibles. And Kaybee toys. I miss them.

  • @kevray
    @kevray 5 ปีที่แล้ว +5

    Almost everytime my parents took me to Toys R us they never bought me anything. So expensive.
    I like how they had quality products though

  • @strip4ruben92
    @strip4ruben92 5 ปีที่แล้ว +84

    If the toys weren't expensive asf they would still be open todsy

    • @hankbridges5055
      @hankbridges5055 5 ปีที่แล้ว +5

      Razer If they went on-line like Wal-Mart, they might be in business.

    • @yaboysal6292
      @yaboysal6292 4 ปีที่แล้ว +3

      The toys they sold were a little bit more expensive than walmarts toys, for example a apollo nerf rival was $20 and at toys R us i saw it for like $30 (don't remember the exact price, just know it was more).

    • @fmthebaron
      @fmthebaron 4 ปีที่แล้ว +1

      @@yaboysal6292 they were way more expensive than Walmart. Walmart is the cheapest and that's why they're #1.

    • @yaboysal6292
      @yaboysal6292 4 ปีที่แล้ว

      Yep

  • @rendell5863
    @rendell5863 2 ปีที่แล้ว +1

    "I don't wanna grow up, I'm a Toy's "R" Us kid!". Toy's R Us was apart of the Americana fabric.

  • @忍者-v3x
    @忍者-v3x 5 ปีที่แล้ว

    Great story from the Wall Street Journal TH-cam Channel. Thank you very much.

  • @AnnaTimes10
    @AnnaTimes10 5 ปีที่แล้ว +3

    I remember going to New York 4 times a year just
    To ride the indoor Ferris Wheel and go in the Wonka candy land
    I literally cried when it shut down

  • @benbyronn
    @benbyronn 5 ปีที่แล้ว +4

    Toys r us is still here in Canada! Stay strong Toys r us! 🇨🇦🇨🇦🇨🇦

  • @syrelilac
    @syrelilac 5 ปีที่แล้ว +7

    idk why i’m watching this instead of studying

  • @buttercupthesweetnes
    @buttercupthesweetnes 2 ปีที่แล้ว +1

    I miss Toys R Us.

  • @bobbythelion6879
    @bobbythelion6879 5 ปีที่แล้ว

    Bro I'm glad I grew up with toys from their I remember running up and down the aisles being so happy but know I feel bad for the kids that won't get to experience the place I love that play R.I.P you will be missed

  • @MarkConnely
    @MarkConnely 5 ปีที่แล้ว +3

    That "Solus" sounds just like "soulless" is hard to miss.

    • @AshHeaven
      @AshHeaven 5 ปีที่แล้ว +1

      “Solus” is the Latin word for “only.”

    • @MarkConnely
      @MarkConnely 5 ปีที่แล้ว

      @@AshHeaven Oh, good to know. It was the homophone that I found interesting.

  • @Dominique614
    @Dominique614 5 ปีที่แล้ว +3

    Toysrus in Denmark had cheap toys but its sadly also closed now

  • @clovisthegreat7078
    @clovisthegreat7078 5 ปีที่แล้ว +11

    Solus = “soulless”, huh?

  • @alexandersveryown4760
    @alexandersveryown4760 5 ปีที่แล้ว +2

    When I first walked into a toys r us when I was like 8, it felt like heaven.

  • @ashc3765
    @ashc3765 5 ปีที่แล้ว +1

    I grew up in the 80s/90s and Toys R Us was a magical place. So sad that my daughter was only 12months old when Australian retail stores closed 😭.