Menu Close

Out of Time! Toys R Us Closing 182 Stores (6,403 Store Closings Announced In 2017)

This is a syndicated repost published with the permission of Confounded Interest – Online Course Notes for Financial Markets. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Toys R Us, along with several other retail stores like Macy’s, Sears, JC Penney (not to mention Limited Stores), are literally “Out of Time.” In other words, that are from a pre-internet shopping/Amazon era.

Jan. 24 (Washington Post) — Toys R Us announced plans to close 182 stores nationwide, creating new opportunities for big-box stores, online retailers and mom-and-pop shops to pick up a larger share of the toy business.

The retail chain, which filed for bankruptcy protection in September, has been fighting an uphill battle to stay relevant amid growing competition from the likes of Target, Walmart and Amazon.com. It’s woes only seemed to magnify in recent months: The retail industry enjoyed its best holiday season in years, but Toys R Us struggled to find its footing.

Shopping center icons Macy’s, Sears and JC Penney have seen plunging stock prices since mid-2015. Each of these former stalwarts are struggling to rethink their retail model. Needless to say, none of them kept pace with the S&P500 index since mid-2015.

jcpsearsmacys.png

On the other hand, retailer store chains Target (green line)  and Walmart (yellow line) along with Amazon (white line) have done extraordinarly well since Q2 2017. partly thanks to predatory behavior towards Toys R US.

amwaltr

6,403 store closings were announced in 2017.

bigraphicsretailstores

Now add Toys R Us to this list of “Out of Time” retailers.

That is a lot of repurposing that has to be done to shopping space!

1217_retail_MLH_Exton_Square_Mall-Exterior

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading