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"Toys R Us" Brand Saved From Bankruptcy


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https://www.bnn.ca/watsa-s-fairfax-agrees-to-buy-canadian-unit-of-toys-r-us-1.1062829

 

The famous Toys R Us Brand in North America has been saved it's existence by a $300 Million bid to buy most of the store locations in Canada and to continue using the same name

 

Unfortunately this bid does not save the USA locations but the brand at least will still exist

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StarstruckIllusion

Oh, Canada. We did that 👏

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Tom Nook

shooked, also slay my maple leaf hunties :golfclap:

Uh Red Wine... Convict... Gah Gah...
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Economy
5 minutes ago, Dunk96 said:

Sucks that the US locations suffer but great news for Canada.

I think it would cost too much money for the Corporation that bought it to buy the US locations as well

 

The US must have way more no doubt, I'm sure it would have to be Billions to buy the US operations :awkney:

 

We don't have that many here actually at least not in my area. I've known of maybe 3 or 4 in the Toronto area (there may be more nearby tho that I haven't seen but my point is that it isn't one of the huge chains here)

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RAMROD

Good to know. I believe TrU is still around elsewhere. Say in some parts of MIddle East, Europe and Asia for example.

EDIT:

https://www.toysrusinc.com/about-us/store-locator

(ノ◕ヮ◕)ノ✧*:・゚ ⁱᵐ'ᵐᵃ ʰⁱᵗ ᵈᵉᶠʳᵒˢᵗ ᵒⁿ ʸᵃ, ˡᵉᵗ'ˢ ᵍᵉᵗ ⁱᵗ ᵇˡᵃᶻⁱⁿᵍ﹗ (*´艸`*) ♡♡♡
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River

tbh I don't think they need to be saved, after they milked us all around the world with super expensive prices for plastic toys or a few brands that costs half price on Amazon... they deserve it, the customers made their decision and found other better places to buy toys.. this is the price of free market..

I know that the workers had nothing to do with it and it's sad that they'll be unemployed, but if we think that way, those big companies will continue to milk us get richer while paying the minimum to those employees.

So sploosh your juice all over me you Riverboy
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RAMROD
Just now, River said:

tbh I don't think they need to be saved, after they milked us all around the world with super expensive prices for plastic toys or a few brands that costs half price on Amazon... they deserve it, the customers made their decision and found other better places to buy toys.. this is the price of free market..

I know that the workers had nothing to do with it and it's sad that they'll be unemployed, but if we think that way, those big companies will continue to milk us get richer while paying the minimum to those employees.

 

Amazons don't available worldwide, Linda. TyR does and in more than 1 cities too.

(ノ◕ヮ◕)ノ✧*:・゚ ⁱᵐ'ᵐᵃ ʰⁱᵗ ᵈᵉᶠʳᵒˢᵗ ᵒⁿ ʸᵃ, ˡᵉᵗ'ˢ ᵍᵉᵗ ⁱᵗ ᵇˡᵃᶻⁱⁿᵍ﹗ (*´艸`*) ♡♡♡
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River
41 minutes ago, RAMROD said:

Good to know. I believe TrU is still around elsewhere. Say in some parts of MIddle East, Europe and Asia for example.

EDIT:

https://www.toysrusinc.com/about-us/store-locator

I think it's because it's not directly TrU but a local company bought the brand rights and everything, they are not part of the bankrupt

So sploosh your juice all over me you Riverboy
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River
Just now, RAMROD said:

 

Amazons don't available worldwide, Linda. TyR does and in more than 1 cities too.

I gave Amazon as an example, there are many other stores, cheap ones that sells the same products...

So sploosh your juice all over me you Riverboy
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SissyFromSpace

Bratz creators bid of over 670million was declined BC apparently it was too low

Barbie elitist - Weaboo - Sissy
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SissyFromSpace
1 minute ago, River said:

I gave Amazon as an example, there are many other stores, cheap ones that sells the same products...

TRU was doing fine until the new owners got them in debt. Amazon is very irrelevant

Barbie elitist - Weaboo - Sissy
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8 minutes ago, Lance said:

TRU was doing fine until the new owners got them in debt. Amazon is very irrelevant

Amazon is not irrelevant. Nearly half of all online shopping is done there

 

I myself order stuff from there all the time

 

I saved the boxed which I'm now using to move my stuff when I move in with my fiance :emma:

 

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