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That's really a shame because in their heyday (1980's roughly) Toys R Us stores were almost magical for a kid, with the good presentation and sheer size of the stores, which was a novelty in itself.
I am surprised that there were even two stores in Durham, especially that close together. It doesn't seem like a large enough market to support two stores, even when they were doing better.
I didn't even know the 15-501 store was still open. The parking lot is always so empty I just assumed it was closed.
I passed by there a few months ago while I was at the nearby Target and noticed that too. The one in Danville is the same way. You could do donuts in the parking lot and not worry about hitting any parked cars. How that one didn't get the ax is beyond me.
Years ago, the company that bought TRU wanted only the baby stores but got stuck with the toy stores to get the deal.
The previous owners were stuck running 12 month toy stores while only doing great in the fourth quarter. Walmart and Target sell other goods and have a steady money stream.
TRU put in the baby stores but still have a big problem with competition in B&M and online.
My college major was marketing and I see a Chapter 7 liquidation up the road for TRU. The Chapter 11 will only prolong its demise.
I was over near the one in Triangle Town Center last week when they were auctioning off the interior furnishings and fixtures, busiest I'd seen the place in years. Was pretty sad actually.
Anyone checked these liquidations out? Are the deals good enough to warrant a trip?
Not really, they mark crap up before the liquidation starts so that the "deals" that they offer are basically just what you would be reamed for normally. A lot of "good stuff" is pulled and sent elsewhere.
I did swing by the location in Crossroads last week on a whim just to see what was left and there was basically no boardgames except for a giant wall of Cars Monopoly. Made me laugh. Like they clearly just got in all this stock before **** hit the fan and now it has to be unloaded. Cars. Monopoly.
I've never seen so much shelf space dedicated to something so hilarious, but it's there because they have to unload as much of it as possible at once and have no reason to keep any of it in a storeroom.
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