My Childhood Filed Chapter 11: Toys R Us Bankruptcy
Start writing a post
Lifestyle

My Childhood Filed Chapter 11: Toys R Us Bankruptcy

I never grew up, because I'm still a Toys R Us kid.

121
My Childhood Filed Chapter 11: Toys R Us Bankruptcy
https://az616578.vo.msecnd.net/files/2017/09/27/636420821437569856-1481923279_toys-r-us.jpg

There comes a part in the life of an adult that a part of their childhood will die away from reality. No, I’m not talking in a literal sense here, I’m talking in the physical realm of one such retailer that has been around for decades that is now showing signs of how their prehistoric retail sales and business is starting to go extinct. I’m talking about not just a dinosaur, but a giraffe named Geoffrey, and the company this long-necked mascot has been the face of for almost 50 years, Toys R Us.


As of September of 2017, Toys R Us has filed Chapter 11 bankruptcy, which is like saying your spunky 80 year old grandmother is on her way to the hospital after a bad fall from falling down escalator in a shopping mall, which could result in death. Although there had been a few companies to come out fine from Chapter 11 and “corporate restructuring,” the rest had eventually met their deaths in the past 10 years. Stores like Kmart, Radioshack, Blockbuster, Borders Books, Hollywood Video, Sam Goody, Circuit City, and KB Toys are just a few of such companies that went through the same restructuring as Toys R Us is now going through to “stay alive" to only meet their demise soon after.

Toys R Us is as important to my childhood as was watching cartoons, going to school, getting my first video game system, and getting my first kiss. Toys R Us has been part of my life longer than I had been a kid. I got my first Game Boy and Zelda game from a Toys R Us before I moved to the Carolina's over 20 years ago. My second job out of high school was working Christmas retail that winter of 2005 at a Toys R Us, which is where I met my best friend Josh that I’m still friends with to this day. Even as an adult, I never really “grew up” since I have it embedded in my nerd DNA to still browse the aisles of Toys R Us stores from time to time, sometimes finding something I want, and others just to see what’s new (it’s how I knew what the hell a “One Direction” was before the band broke up HAH!). A lot of great CEO of their heyday would go to Toys R Us to get inspiration for running a company, such as Tom Kalinske of Sega of America who took his staff down the isles of Toys R Us to get some inspiration on how to market the Sega Genesis in its early stages in the 1990’s.


Some of my most impressionable memories of Toys R Us was playing video game demos for the Sega Dreamcast and Sony PlayStation at kiosks in the electronics department (which used to be called “R Zone” when I worked there.) It was the location where I bought my earliest Gunpla model kits when Bandai was trying hard to market Gundam toys in the states in the early 2000’s, along with McFarlane anime and video game figures I would also buy. I think a part of my brain to this day expects that Gundam models will just randomly show up in Toys R Us one day like time never left past 2002. Now with this happening, that’s just a phantom dream I’ll really need to get over.

Now with hearing the news on Toys R Us, it’s only going to be a matter of time that I’ll be doing the one thing I always do when stores shut down; that is to grab whatever I can when liquidation of merchandise happens. There is a good and bad side to store liquidation sales. The good being that you can get what you want for a really great discount, whereas the bad is your moment in that store is your last when you pick up the last item you desire to buy at 60% off MSRP. It works as a double edge sword in my heart, and on your child skull if they’re going to try and punk me out of getting a Star Wars Black Series Lightsaber at 75% off MSRP. Sorry that your kid is going to the hospital mom, but I told your bratty S.O.B to back off, I guess he was stupid and deaf.


Even with all of this happening, it’s going to be the CEO in the end that will take the money and run, leaving behind their pet giraffe to die out in the Savannah while the lions come to finish the job; which is just an analogy of saying the public coming to take whatever they can that’s left off ol’ Geoffrey through liquidation sales. This is also another lesson that the old ways of doing retail business are still dying off because no one wants to physically go to a store to get an item that is a few bucks cheaper online. When traditional retail stores fail to catch on to the online retail market to turn a profit, that’s when they run into being billions of dollars in debt. A hard lesson indeed, but great from people like me who still buy toys at a cheaper cost when they jump ship (aka unmarried, childless nerds like myself.)

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Image by Karolina Grabowska from Pixaba

Unfortunately, the time is here. It is officially the spring semester, and you know what that means: lots and lots of studying. If you are in the same situation I am, then you are probably doing your 3rd semester of online/hybrid school. Not being at school or not attending classes in person definitely makes learning and studying a lot harder. Because I know this struggle all too well, I put together a list of study tips to hopefully help us all succeed a little more this semester.

Keep Reading... Show less
Swoon

8 Valentine's Day Gift Ideas For Your Long-Distance Partner

Looking for a gift idea for your long-distance Valentine's date this year? Here are some creative, thoughtful gifts for you!

35369
Photo by Ben Collins on Unsplash

As Valentine's Day approaches, I realized that it's the first Valentine's Day I have had with my boyfriend that we're more than 6,000 miles apart. Despite the distance though, my mind has been reeling over what to get him, as one of my main love languages is gift-giving. So here are some ideas that I've seen that I think would be perfect for any relationship, whether you're together or apart.

Keep Reading... Show less
Photo by Brooke Cagle on Unsplash

To be perfectly honest, I wasn't sure how to write this article.

In the past, I've written about the lies we tell ourselves. I've written about how thoughts can be destructive, how they can have power over who we are.

Keep Reading... Show less
Adulting

Put Down Your Phone And Read These 8 Statistics About Texting And Driving You Wish Didn't Exist

We text all the time, so it's no surprise you may find yourself wanting to pick up your phone even when you're driving.

10304

You're driving to the grocery store when your phone buzzes in your pocket. You instinctively reach to check it, but it can wait until you park. These are eight statistics to read before you text and drive because they'll change how you view your time on the road.

Everyone's made the mistake of looking at their phone while in the driver's seat, but not everyone gets home safely afterward. Learn why it's better to avoid distracted driving so you don't become one of these statistics this year:

Keep Reading... Show less
Health and Wellness

I Have An Eating Disorder And I Refuse To Let It Kill Me

Even at my lowest, the number on the scale never seemed low enough... but was it ever worth the risk of losing my life?

6839
Trigger warning: This article discusses topics that may be triggering for some readers.

I looked down at my thumb today. I know haven't been eating enough. I told everyone I would get all my vitamins and calories in. I totally wanted to eat more of the guacamole I bought the other day, but I counted what I had eaten and those numbers seemed a little too high. I decided I didn't need the extra helping, so I went to bed and the guacamole went bad.

Keep Reading... Show less

When pursuing a degree that most deem 'useless' or a 'waste of time' there happens to be a lot of self-doubt and fear, especially with the pending doom of graduation around the corner. I remember when I was about to graduate from college with a Bachelor's in Acting, I was absolutely terrified.

Keep Reading... Show less
Lifestyle

TikTok Made Me Buy It: Flawless's Skincare Fridge

I bought and tested one of TikTok's popular products so you don't have to.

111454

I spend a lot of time on TikTok and I never know whether the products I see are worth it or not, especially when I'm looking at the price. For Christmas, my aunt got me a gift card to Ulta. I didn't know what to buy. I have way too many palettes and lipsticks. I have my essentials. What else could I need? Then it hit me that I saw a lot of people these past few months showing off their skincare fridges. So, the second I thought of it I went on the Ulta app and bought it. So, here are my thoughts.

Keep Reading... Show less
Lifestyle

37 Cute And Unique Pinterest Board Titles

Let's be real, the hardest part about Pinterest is thinking of a cute title for your board.

60016

I don't know about anyone else but I have recently become re-obsessed with Pinterest. Like, I am spending a stupid amount of time on Pinterest daily now. While I have been binging Pinterest I have found that I love making cute and aesthetic boards but it is SO hard to come up with a name to match it. So, I scoured the internet and my brain for you. Happy pinning!

Keep Reading... Show less
Facebook Comments