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PostPosted: Mon Sep 18, 2017 3:01 pm 
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Jaw Breaker wrote:
If you have any gift cards, be sure to use them before any official filing. Typically stores will no longer honor them after BK, as they become claims against the estate. That happened to me with Crown Books about 20 years ago...they told me my $25 gift certificate was no good. I returned later for the book I wanted, and took a five-finger discount with a clear conscience.



Sports Authority fucked me over with a $60 gift card.


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PostPosted: Mon Sep 18, 2017 3:04 pm 
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Nas wrote:
I still like to touch and feel some things.


that's why you have so many kids...


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PostPosted: Mon Sep 18, 2017 3:05 pm 
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W_Z wrote:
Nas wrote:
I still like to touch and feel some things.


that's why you have so many kids...


:lol: :lol: :lol:

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PostPosted: Mon Sep 18, 2017 3:28 pm 
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This sucks. A Saturday or Sunday trip to Toys R Us can occupy a nice chunk of your day with young kids. Give them $10 to spend and watch them march up and down every aisle trying to pick out $79.99 toys. :lol:

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PostPosted: Mon Sep 18, 2017 7:02 pm 
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McDade's and Service Merchandise are still open though, right?


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PostPosted: Mon Sep 18, 2017 7:04 pm 
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jimmypasta wrote:
Image


Well there's your problem, the kids are running the damn store.

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PostPosted: Mon Sep 18, 2017 7:10 pm 
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Regular Reader wrote:
When my oldest was still en route, we hit Babies R Us for the baby shower registry. ... That Lansing store closed not long thereafter

Let's not bury the real cause and effect here.

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PostPosted: Mon Sep 18, 2017 7:21 pm 
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pittmike wrote:
Reader was a Zayre guy I am sure.

Nah, Ben Franklin .... the guy's house, not the five-and-dime chain.

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PostPosted: Tue Sep 19, 2017 8:36 am 
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Chus wrote:
As was mentioned earlier, Kohl's is a great place to buy clothes for kids. When my wife sees crap marked down, she buys it. We have tubs of clothes that are too big for my kids. They will wear them eventually. She has bought shoes for $2. Meanwhile, my sister in law was spending $25 on shoes that the kid would outgrow in weeks.


throw in all the deals they give you with like kohls kash or whatever and its almost giving it away. as far as i can tell toysrus never had any of these kind of programs.

when we were kids, toys r us trips where pretty special. that long hallway when you go in, all the game systems to demo. taking your slip up to that window where there were stacks and stacks of gaming systems.

i have gone to ours like 2 or 3 times in the last ten years. it had the feel of a kmart and i was the only customer in there outside of people returning things.


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PostPosted: Tue Sep 19, 2017 8:39 am 
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Man, I remember walking into that place as a kid like it was Mecca.


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PostPosted: Tue Sep 19, 2017 8:42 am 
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rogers park bryan wrote:
Man, I remember walking into that place as a kid like it was Mecca.


JORR wrote:
Close it down right now


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PostPosted: Tue Sep 19, 2017 8:45 am 
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That was like reward for being dragged around town as my mom ran errands fr eternity. The star wars aisle was overwhelming. I always figured my mom went nuts when my brother and I were digging through the figures looking for the one we wanted or the one our friend wanted for his birthday. She told me the other day when I told her that's what my boys were into that she was happy because she loved buying those toys for us as kids. I should have pushed my luck harder.

The one in Moline is s ghost town when I've been. But it's been years since I wandered those aisles.


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PostPosted: Tue Sep 19, 2017 8:51 am 
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Drunk Squirrel wrote:
The one in Moline is s ghost town when I've been. But it's been years since I wandered those aisles.


i don't know if they all had this but the one in moline had this platform that was really high right by the customer service as you walked in where like someone would sit high up there probably making sure workers were working and kids weren't ganking shit. i always thought that person had the greatest job of all time being king of toysrus and gazing upon their toy kingdom.


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PostPosted: Tue Sep 19, 2017 8:54 am 
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I bought a plush manatee for my daughter there in 2003. I'm thinking that was my last purchase there. I guess I'm to blame.


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PostPosted: Tue Sep 19, 2017 9:01 am 
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I could not, for the life of me figure out how that chain stayed in business. They were always incredibly overpriced.

And Kohl's is great but I'd say TJ Maxx has cheaper clothes....

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PostPosted: Tue Sep 19, 2017 9:02 am 
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Supposedly the stores are almost all profitable. It's just they have a lot of debt from when Bain Capital bought them.

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PostPosted: Tue Sep 19, 2017 9:10 am 
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if they are profitable why can't they pay down their debt?

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PostPosted: Tue Sep 19, 2017 9:10 am 
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I've got a $17 gift card I need to use here.

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PostPosted: Tue Sep 19, 2017 9:12 am 
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Hatchetman wrote:
if they are profitable why can't they pay down their debt?
The stores are profitable but not enough to pay off all the interest on the debt.

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PostPosted: Tue Sep 19, 2017 9:14 am 
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they need some fairy godmother to buy out all the debt so they can earn 1% return on those profitable stores.

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PostPosted: Tue Sep 19, 2017 9:16 am 
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I am no finance guy but having cash flow problems in order to buy inventory for their biggest selling season is not an indicator of great profitability.

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PostPosted: Tue Sep 19, 2017 9:20 am 
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pittmike wrote:
I am no finance guy but having cash flow problems in order to buy inventory for their biggest selling season is not an indicator of great profitability.
The company is not profitable. They have major debt issues. The stores operate at about $500 million in profit. The interest payments on the debt are higher than that after Bain Capital took them over with a debt-heavy deal about 10 years ago.

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PostPosted: Tue Sep 19, 2017 9:25 am 
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in 2008 they had $13billion in sales. it is was $2billion last year. wow!

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PostPosted: Tue Sep 19, 2017 11:16 am 
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Boilermaker Rick wrote:
Supposedly the stores are almost all profitable. It's just they have a lot of debt from when Bain Capital bought them.


Thanks, Romney!

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PostPosted: Tue Sep 19, 2017 11:21 am 
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Chus wrote:
Boilermaker Rick wrote:
Supposedly the stores are almost all profitable. It's just they have a lot of debt from when Bain Capital bought them.


Thanks, Romney!


Rafalca and car elevators don't pay for themselves Mr. Judgmental!

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PostPosted: Tue Sep 19, 2017 12:00 pm 
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Regular Reader wrote:
Chus wrote:
Boilermaker Rick wrote:
Supposedly the stores are almost all profitable. It's just they have a lot of debt from when Bain Capital bought them.


Thanks, Romney!


Rafalca and car elevators don't pay for themselves Mr. Judgmental!


:lol:

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PostPosted: Tue Sep 19, 2017 12:15 pm 
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Tad Queasy wrote:
McDade's and Service Merchandise are still open though, right?

I've got 50 books filled with S & H Green Stamps to cash in one of these days...

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PostPosted: Wed Sep 20, 2017 9:25 am 
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damn that was quick

on a side note, sears is still a great store. nobody in there, everything on sale, and they still have bears shirts

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PostPosted: Wed Sep 20, 2017 9:27 am 
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jimmypasta wrote:
One of the nicest memories of being a dad was tossing my kids in a shopping cart on a Saturday morning and walking the aisles of Toys R Us.

I'm shocked they lasted this long.


im shocked they have been in debt this long

they should have modernized their business model 20 years ago, when the internet was starting to pop.

they didn't, so they die.

not sad.

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PostPosted: Wed Sep 20, 2017 9:43 am 
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IkeSouth wrote:
jimmypasta wrote:
One of the nicest memories of being a dad was tossing my kids in a shopping cart on a Saturday morning and walking the aisles of Toys R Us.

I'm shocked they lasted this long.


im shocked they have been in debt this long

they should have modernized their business model 20 years ago, when the internet was starting to pop.

they didn't, so they die.

not sad.


Everyone says this kind of thing but ignores the fact that Amazon doesn't usually post any quarterly profits. Hard to compete with that model.

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