timb2
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Glad to see it happen.
https://www.wnd.com/2019/07/toys-r-us-is-coming-back-to-u-s/?cat_orig=money
https://www.wnd.com/2019/07/toys-r-us-is-coming-back-to-u-s/?cat_orig=money
Good luck, but competing with multi-entity online market places like Amazon, Walmart, etc will make it very difficult for brick and mortar stores to compete.
Will Toys R Us make sure their prices are competitive or will it be through the roof again ? that probably had a hand in the drop off of public sales and buyers sought better deals elsewhere.
I know that not everybody feels this way but I, personally, would accept the trade off. I would pay more for the opportunity to go in the store and look at what I'm paying for. I'd rather spend more and know that my Grandkids like what they get, as opposed to spending and watching them never ever play with it. JMO though.
But for most things, you could also go to Walmart or Target and see them in person...for 30% less.
For me, once Amazon had to start charging sales tax, it created a more equal field with local stores.There's always going to be a portion of the public that wants (as others have pointed out) touch, see, feel what they are buying.
Always will be.
In addition there are many that want it NOW! And even 1-day delivery won't work.
The price advantages of online shopping are shrinking... More & more collecting sales tax. The so called "free shipping" is just being hidden in another charge.
I'm not convinced that creating an online business is less expensive overall than building a chain of brick & mortars.
The amount of infrastructure needed to support an online business is staggering.
But the biggest thing may be the cost of advertising. Online advertising continues to go up in cost. Whereas the cost to lease a spot near a high-traffic area is decreasing due to the abundance of empty store fronts.
No doubt in my mind that a brick & mortar toy chain can succeed. They just need to offer more product that isn't sold by the mass merchandisers both big (Wal-Mart, Target) and the small (Dollar General).
Amazon isn't making money selling their own stuff. Amazon is making money through AWS and through the 3rd market sellers.