Forumite Members › General Topics › Shopping › Other Shopping › Toys R Us or Toys Were Us?
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Richard.
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February 24, 2018 at 10:28 am #17072
There is a bit of sabre rattling going on at the moment but the paint tins are being readded put put the writing on the wall of that once big toy shop. If you have any vouchers this would be a good weekend to use them.
Maplin appear to be sending out what feel increasingly like fire sale e-mails, though the mutter in their case is slightly more muted for the moment.
February 28, 2018 at 9:09 am #17169It appears that the end of this show might now be edging closer to an unsatisfactory end for all of the staff involved with last minute rescuers not yet found as both Toys and Maplin teeter on the edge of the abyss. Edinburgh Wool have apparently walked or perhaps run from Maplin and as for Toys R us their rescue plan has dissolved in the snow when a tax bill arrived before finances were sound enough to absorb the impact.
February 28, 2018 at 11:51 am #17170Maplin now in administration too :- Link
Never trust an atom - they make up everything !
February 28, 2018 at 3:00 pm #17173Went into the massive Cardiff shop yesterday hoping for some bargains, it was almost totally empty. Few slot car sets, soft toys, books and hugely overpriced Nerf guns. Looks like all the good stuff had been bagged, except if you wanted nursery furniture, one woman bought about 4 complete sets for about £70 a throw. Bet they turn up in a local furniture store for about £600 a set.
February 28, 2018 at 3:30 pm #17175I only ever purchased one thing from maplins and that was a apple lappey spanner set ( recommended by store nerd ). it did not work, had to take it back never been in since. Got a set online cheap and perfect.
February 28, 2018 at 5:01 pm #17178I feel sorry for the staff at my local Maplins store, having got to know some of them over the years. Not their fault that management made so many wrong decisions. That’s the story for so many UK companies I suppose. Now those staff are out of a job in Grimsby, a place with high unemployment.
Government will not give a wotsit, it’s too far above the Wash.
When the Thought Police arrive at your door, think -
I'm out.February 28, 2018 at 5:51 pm #17179Bob, what can anyone Government or otherwise do if stores are too large, too expensive, selling stuff that no one wants any more and in a style that no one desires?
The Government could insist on better focussed (vocational or specific?) education and training for responsive forward facing ideas. Make those who are supposed to manage better managers, better able to understand the roles that they should fulfil, trying to equip them to master and manage the need for changes. I have used Maplin in the past, its prices were high and its stock often backward facing, but they could sometimes be useful for the odd small part. However, when they were selling a £40 item for £30 more than the place the other side of the road, they faced a hard sell to me.
I was getting daily e-mails up to today, but it was the same stale items that I did not have an interest in buying three months back, I still did not. A proper education scheme should prevent any more Maplins, but the silly squad comes in several styles. Maplin appear to have been burdened by overly high levels of debit, as have other outfits that have stopped trading over the years. There is huge value in the saying never a lender or a borrower be. Some limited borrowing to directly support trading can be helpful, but living on almost unlimited credit will kill most businesses.
Oh, and yes I do sympathise with those now out of work, been there, done that got the tee shirts, which time then destroyed.
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