Mattel is laying off more than 2,200 workers after Toys 'R' Us went bankrupt

tnt · 2018-10-05T12:06:08.907Z

DougBH:

The bad in this case is Bezos. Not exactly a friend to Trump.

If Amazon put Toys r Us under, why wouldn’t they still be buying and selling toys from Mattel?

Makes no sense.

tnt · 2018-10-05T12:08:27.876Z

Guvnah:

I can see Toys-R-Us getting killed by Apple and Amazon, but that shouldn’t have impacted Mattel. The shift in retail outlets just means that Mattel stuff gets sold through different vectors.

TRU wasn’t the only Mattel outlet.

If Mattel sales are tanking, it’s because consumers don’t want their products, and someone else is filling the toy niche.

Could it be our lower birthrate has an impact on companies like Mattel? (I wonder how the disposable diaper market is doing…)

Agree. Can’t balme this on Amazon. Could balm TrU failing because of amazon.

Could blame some of this on apple - kids play on their phones now Not with toys.

CaughtInTheMiddle · 2018-10-05T12:48:51.088Z

tnt:

zantax:

Farming is a special case for several reasons, national security being one of them. The irrevocable loss of farm land being another. We need to preserve the ability to feed ourselves in the event world trade goes down, not really applicable to the need to buy toys from a brick and mortar store.

Lol.

Has nothing to do with the fact that farm states are typically republican, right?

The North Carolina republican super majority is also redistributing sales tax revenue from the rich counties to the rural poor counties. So not only are republicans not family values, not Christian values, not law and order they’re also redistributing wealth to the poor rural areas.

I love Donald Trump and Republican politicians for forcing all the supporters to have to expose themselves.

zantax · 2018-10-06T06:26:16.481Z

tnt:

zantax:

Farming is a special case for several reasons, national security being one of them. The irrevocable loss of farm land being another. We need to preserve the ability to feed ourselves in the event world trade goes down, not really applicable to the need to buy toys from a brick and mortar store.

Lol.

Has nothing to do with the fact that farm states are typically republican, right?

No, it doesn’t.

zantax · 2018-10-06T06:27:21.945Z

CaughtInTheMiddle:

tnt:

zantax:

Farming is a special case for several reasons, national security being one of them. The irrevocable loss of farm land being another. We need to preserve the ability to feed ourselves in the event world trade goes down, not really applicable to the need to buy toys from a brick and mortar store.

Lol.

Has nothing to do with the fact that farm states are typically republican, right?

The North Carolina republican super majority is also redistributing sales tax revenue from the rich counties to the rural poor counties. So not only are republicans not family values, not Christian values, not law and order they’re also redistributing wealth to the poor rural areas.

I love Donald Trump and Republican politicians for forcing all the supporters to have to expose themselves.

Giving to the poor isn’t Christian? That’s a new one.

TheRedComet · 2018-10-06T06:50:05.027Z

I dunno man a starving population is a revolutionary population. Just ask the Russian Provisional Government of 1917. They couldn’t feed the populace despite their insane decision to continue the war against the central powers. When the Bolshevicks promised an end to the war and bread the people waltzed over to their side. And I don’t blame them. Hunger is a major motivator and often an impetus behind revolutionary fervor.

mobulis · 2018-10-06T09:24:47.022Z

zantax:

Giving to the poor isn’t Christian? That’s a new one.

So wealth redistribution is now Christian?

CaughtInTheMiddle · 2018-10-06T12:10:14.770Z

mobulis:

zantax:

Giving to the poor isn’t Christian? That’s a new one.

So wealth redistribution is now Christian?

Suddenly…

floydefisher · 2018-10-08T16:08:04.250Z

Did it ever occur to you that honest to god charity is not the same thing as being strong armed into giving money?

mobulis · 2018-10-08T16:49:22.690Z

floydefisher:

Did it ever occur to you that honest to god charity is not the same thing as being strong armed into giving money?

Yep, strong arming is more reliable.

floydefisher · 2018-10-08T17:16:29.095Z

Keep going, there’s more to this story.

mobulis · 2018-10-08T17:20:46.692Z

floydefisher:

Keep going, there’s more to this story.

Not really.

floydefisher · 2018-10-08T18:17:39.817Z

Let me put it to you this way then.

If a person gives to the local rescue mission, is it because they have to, or because they want to?

mobulis · 2018-10-09T01:16:33.422Z

floydefisher:

Let me put it to you this way then.

If a person gives to the local rescue mission, is it because they have to, or because they want to?

Probably because they want to.

floydefisher · 2018-10-10T02:47:58.683Z

Ok, now if Trump is paying taxes, is it because he wants to, or he has to?

mobulis · 2018-10-10T02:57:49.749Z

floydefisher:

Ok, now if Trump is paying taxes, is it because he wants to, or he has to?

Ask him…

floydefisher · 2018-10-21T15:02:31.541Z

You’re going to sit there and tell me that socialistic wealth redistribution, and Christian charity are one and the same, and you don’t even know how taxes work?!?!

Plasmaball · 2018-10-25T23:10:38.018Z

Floyd kind of has this right. Toy companies are losing market share because kids arent into toys as much…so it’s harder to keep their attention these days.
That being said Hasbro is also looking to do layoffs because of tru. Tru was at least 12% of their profit. And when you are selling billions that’s a lot of money.

Now that could change with tru changing their name and looking to get back into the game.

The only way this land a trump is the tariffs…

floydefisher · 2018-11-09T18:19:34.938Z

It’s not that kids are not into toys, it’s just that toy companies that are losing have lost touch with the consumer.

Sales of X-Box, PS-4. and Nintendo are booming. And I think we can all agree those are definitely toys.

But let’s look beyond all that a minute, and look at a toy store that is doing really well today. They don’t sell any products you would consider cool, hip, or even modern. They sell one product, and it’s actually been around since 1902.

The retailer in question is called Build-a-Bear. In spite of selling one product that hasn’t been relevant since the turn of the 20th century, they do really well. In fact, just last summer they had a one day sale (I believe it was a ‘pay your age’ promotion) that literally blew up every mega mall in America. It worked so well, they shut down their stores within minutes after opening because the lines were that freaking long.

USA TODAY

Build-a-Bear shuts down single-day 'Pay Your Age' sale: It was so successful,...

The company cites safety concerns, but parents are livid.

Why is Build-a-Bear doing so well? They don’t just sell a teddy bear, they actually take great pains to take care of their customers, and give them a world class experience in their stores.

It’s why Build-a-Bear succeeds, and TRU is dead, and Mattel and Hasbro are circling the drain. When you lose the customer, you lose the business!

mwevans1234 · 2018-11-09T18:58:13.362Z

floydefisher:

Why is Build-a-Bear doing so well? They don’t just sell a teddy bear, they actually take great pains to take care of their customers, and give them a world class experience in their stores.

I hate to bust your teddy bubble, but BBW is trading at a five year low, and its 2017 revenue was lower than any point in the last 14 years.

macrotrends.net

Build-A-Bear Workshop - Stock Price History | BBW

Historical daily share price chart and data for Build-A-Bear Workshop since 2022 adjusted for splits. The latest closing stock price for Build-A-Bear Workshop as of May 04, 2022 is 20.15. The all-time high Build-A-Bear Workshop stock...

BBW is a fine store, but it’s in malls, which have lower foot traffic than they used to. The pay-your-age event was an 80-90% discount.

I’d say American Girl would be a better example than BBW to make your point…