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-   -   Toys R Us Price Increases (http://www.actionfigurenews.ca/boards/showthread.php?t=39504)

philtastic 02-03-2022 08:09 PM

Toys R Us Price Increases
 
In the hopes of keeping this never-ending argument contained to a single thread, if you have opinions on the recent Toys R Us price increases, please post them here, and not in every single other thread.

Thanks!

cloud 05-31-2022 09:43 PM

Re: Toys R Us Price Increases
 
Not much to say other than Toys R Us won't be getting my business. Don't know what's going on.

Mudflap 05-31-2022 10:10 PM

Re: Toys R Us Price Increases
 
I saw a post on IG where a TRU store had a sign up saying Limit 2 in the Star Wars section. I chuckled because their shelves are usually clogged with the figures no one wants.

TheSwipe95 06-01-2022 12:36 AM

Re: Toys R Us Price Increases
 
I'm fine with it. Gives me a reason to shop elsewhere, at more reliable retailers such as GameStop. Canadian retailers like ToySnowman and ToyCrusaders. Even across the border with Target. Also saves gas, since I'm not checking for stuff every other day there.

MapleMegatron 06-16-2022 12:46 PM

Re: Toys R Us Price Increases
 
There is something off here and no one knows why. It's telling that this discussion is happening under the Hasbro Toy Discussion because this price is increase is mainly with Hasbro products.

Right now, TRU charges the exact same amount as other retailers for:

-Mattel
-Lego
-McFarlane
-Nintendo (toys and games)

to name the few I checked. But of course, since we are collectors and look more at Marvel Legends, Transformers and Star Wars black series, it looks like everything is increasing in price at TRU. But it's just Hasbro.
It being just for one company eliminates the idea that it's simply greed from TRU (because then why not increase everything else) and we know that TRU deals directly with hasbro due to their exclusive contracts. So it's not a third party fee.

Maybe there is another element to a renegotiated contract now that TRU has changed ownership and Hasbro is demanding a premium or to pay upfront since they arent sure in the business surviving. And then TRU is passing that extra cost to the consumer.

It's the only thing I could think of.

philtastic 06-16-2022 01:08 PM

Re: Toys R Us Price Increases
 
I wrote about my theory on this very question over at the Cybertron.ca board:

http://www.cybertron.ca/boards/showp...postcount=2782

Latefox 06-16-2022 01:18 PM

Re: Toys R Us Price Increases
 
More reason to support McFarlane Toys... Todd cares, sure some things lack.... but the new Warhamemr 40k line, and what customizers are doing, truly makes it the toy collectible for the adult. The amount of plastic is just INSANE....

canprime 06-16-2022 01:21 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by MapleMegatron (Post 142887)
There is something off here and no one knows why. It's telling that this discussion is happening under the Hasbro Toy Discussion because this price is increase is mainly with Hasbro products.

Right now, TRU charges the exact same amount as other retailers for:

-Mattel
-Lego
-McFarlane
-Nintendo (toys and games)

to name the few I checked. But of course, since we are collectors and look more at Marvel Legends, Transformers and Star Wars black series, it looks like everything is increasing in price at TRU. But it's just Hasbro.
It being just for one company eliminates the idea that it's simply greed from TRU (because then why not increase everything else) and we know that TRU deals directly with hasbro due to their exclusive contracts. So it's not a third party fee.

Maybe there is another element to a renegotiated contract now that TRU has changed ownership and Hasbro is demanding a premium or to pay upfront since they arent sure in the business surviving. And then TRU is passing that extra cost to the consumer.

It's the only thing I could think of.


There is what philtastic posted on cybertron.ca as he said.


However the problem is still that specifically with Hasbro TRU isn't even close to their competitors, and the small guys that are sponsors here.


TRU is now asking $40+ for newer MLs, deluxe TFs, GI Joe Classified and SW:BS figures. Everyone else (Walmart, ToySnowman, DJC, etc, etc.) is still below $40 for the same product. Yes there are differences here and there, but the most consistent thing is TRU is still the most expensive option for a lot of these lines. There is no way a chain with over 70 locations across the country can't be the same price as the single store online retailers. There are some shenanigans going on here with TRU and Hasbro product. I think philtastic's post is as good an explanation as any.

4lott 06-16-2022 01:42 PM

Re: Toys R Us Price Increases
 
They’re prices for Mattel product have risen too. I’m not a hot wheels collector but I do pick up character cars and DC and Marvel pop culture cars with character illustrations on them. Walmart sells them for $5.97 while TRU has them for $8.97. In addition basic cars are still $1.49 every including Dollarama while TRU has them for $1.99. Not into wrestling figs or Barbie so I don’t know the increases for them but I believe all MOTU lines are also more expensive

MapleMegatron 06-16-2022 01:52 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by canprime (Post 142891)
There are some shenanigans going on here with TRU and Hasbro product. I think philtastic's post is as good an explanation as any.

The problem is that explanation assumed Everest Distribution is the company distributing Hasbro products in Canada, but I haven't seen any info on that. Instead, I found business to business agreements with Hasbro Canada directly.

MapleMegatron 06-16-2022 01:55 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by 4lott (Post 142893)
They?re prices for Mattel product have risen too. I?m not a hot wheels collector but I do pick up character cars and DC and Marvel pop culture cars with character illustrations on them. Walmart sells them for $5.97 while TRU has them for $8.97. In addition basic cars are still $1.49 every including Dollarama while TRU has them for $1.99. Not into wrestling figs or Barbie so I don?t know the increases for them but I believe all MOTU lines are also more expensive


However the latest Mattel line, Lightyear, is priced the same at Tru as at Walmart. It could simply be that for older Mattel lines, the MSRP has risen but Walmart hasn't followed suit yet. They often take a bit longer.

4lott 06-16-2022 02:03 PM

Re: Toys R Us Price Increases
 
I thought Everest only distributes to smaller stores that can?t make the minimum cost requirements to order from companies like Hasbro

canprime 06-16-2022 02:05 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by MapleMegatron (Post 142895)
The problem is that explanation assumed Everest Distribution is the company distributing Hasbro products in Canada, but I haven't seen any info on that. Instead, I found business to business agreements with Hasbro Canada directly.




Then I call SHENANIGOATS!!!!!!!!!!! :rofl:


Honestly philtastics possible explanation was about the best light that could be shone on TRU pricing, and that is not saying much.


Even with direct to Hasbro agreements, there is still no way they are paying so much that they have to overcharge on the product the way they do. As I said, if you are a nationwide business with over 70 locations, and specialize in the products Hasbro sells, you aren't getting a worse deal than the small independent guys who may or may not deal directly with Hasbro.


Maybe they'll say overhead, inflation, blah blah blah. However I see it as either greed by TRU, or the parent company trying to make back some of the purchase price.

4lott 06-16-2022 02:19 PM

Re: Toys R Us Price Increases
 
Toys R Us has 81 stores in Canada. Walmart had 408. Greater buying power allows for better volume discounts on pricing

VincentVega 06-16-2022 02:28 PM

Re: Toys R Us Price Increases
 
But wouldn't local comic book stores and mom and pop places be charging the higher prices as well? My local place doesn't charge $42.99 for Legends. Surely Toys R Us is able to secure a better deal than Mark at the comic store?

4lott 06-16-2022 03:18 PM

Re: Toys R Us Price Increases
 
Maybe they just lower their profit margin for their customers to keep them. More important for an independent small business. That’s what the guys at my LCS always do. As long as they’re making a modest profit off an action figure they’re happy and I’m happy

Wintermute 06-16-2022 03:41 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by philtastic (Post 142889)
I wrote about my theory on this very question over at the Cybertron.ca board:

http://www.cybertron.ca/boards/showp...postcount=2782

You make some very good points!

sixshot1981 06-16-2022 03:50 PM

Re: Toys R Us Price Increases
 
Let's also note TRU is charging $1-$2 more for LEGO. So pricing isn't at par there either.

MapleMegatron 06-16-2022 07:08 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by 4lott (Post 142897)
I thought Everest only distributes to smaller stores that can?t make the minimum cost requirements to order from companies like Hasbro


Yes, and they distribute toys from snaller companies, hence why that isn't the explanation either.

MapleMegatron 06-16-2022 07:11 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by sixshot1981 (Post 142907)
Let's also note TRU is charging $1-$2 more for LEGO. So pricing isn't at par there either.

This isn't a rule, all the sets I checked were the exact same price between them and the lego store. We shouldn't confuse some companies like Walmart and Anazon selling at slightly under MSRP if the discussion is that TRU sells over MSRP.

MapleMegatron 06-16-2022 07:17 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by 4lott (Post 142899)
Toys R Us has 81 stores in Canada. Walmart had 408. Greater buying power allows for better volume discounts on pricing

This comparison doesn't help if you don't know the volume bought per store. The dedicated space for a toyline at TRU is sometimes 10 times the shelf space at Walmart for the same line, as is the case for Marvel Legends. The fact that TRU gets this many exclusives from Hasbro is proof enough of their buying power since they are literally buying all the product destined to Canadian consumers.

cloud 06-16-2022 08:24 PM

Re: Toys R Us Price Increases
 
At the end it doesn't matter what reason behind the ToysRUs price hike.
I emailed ToysRUs aboot this issue. Basically, the stores has become a advertise place for Hasbro stuff because there is no reason to make any purchase if each Marvel Legends costs 10 bucks more.
I'll just go to Wal Mart, Game stop, or other local stores.

chaingunsofdoom 06-16-2022 08:38 PM

Re: Toys R Us Price Increases
 
The Legacy TFs going up a few more dollars is just laughable... $45 for a Deluxe and $55 for a Voyager.

Retro SW are $23 and TVC are $25. I will say I was surprised to see BS6 Throne Boba pics from TRU at $46, when GS has them at $50 minus Edge discount. Did they just forget to inflate his price?

As someone said, no reason to buy anything from there anymore and if they have exclusives, wait it out for the 90 days R Club window.

sixshot1981 06-16-2022 09:55 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by MapleMegatron (Post 142918)
This isn't a rule, all the sets I checked were the exact same price between them and the lego store. We shouldn't confuse some companies like Walmart and Anazon selling at slightly under MSRP if the discussion is that TRU sells over MSRP.

Didn't say it was a rule...I merely observed this last weekend when looking at sets. All the sets I checked were above, some examples of brand new sets:

https://www.toysrus.ca/en/LEGO-Harry.../7455782A.html

https://www.lego.com/en-ca/product/h...on-class-76396

https://www.toysrus.ca/en/LEGO-Harry.../D4223B0D.html

https://www.lego.com/en-ca/product/h...ce-class-76397

While Buzz Lightyear sets I also looked at were at MSRP.

No confusion on my part I think as I wasn't speaking to either Walmart or Amazon.

Hoffman 06-24-2022 10:06 PM

Re: Toys R Us Price Increases
 
I doubt there is a single reason why Hasbro prices specifically are so high at TRU.

Hasbro definitely has raised their wholesale prices, that's not up for question. But at the same time, TRU maybe made some decisions about what kind of profit margin they expect. Based on what I see on the shelf at Walmart, they actually have very little competition on Hasbro product. This means they don't have to cut into their expected margin to remain competitive. Contrasted with something like LEGO, where there are other options that stock a lot of LEGO, be it Walmart, Indigo, or Mastermind Toys.

MapleMegatron 08-15-2022 01:46 PM

Re: Toys R Us Price Increases
 
Quote:

Originally Posted by Hoffman (Post 143147)
I doubt there is a single reason why Hasbro prices specifically are so high at TRU.

Hasbro definitely has raised their wholesale prices, that's not up for question. But at the same time, TRU maybe made some decisions about what kind of profit margin they expect. Based on what I see on the shelf at Walmart, they actually have very little competition on Hasbro product. This means they don't have to cut into their expected margin to remain competitive. Contrasted with something like LEGO, where there are other options that stock a lot of LEGO, be it Walmart, Indigo, or Mastermind Toys.

Plus Lego is a very accessible product online, either through amazon or with Lego.ca being a reliable source. We don't have a Canadian equivalent as Lego.ca for Hasbro products.

One odd thing though, the TRU price for the MCFarlane Batman the Adventures continues toys are cheaper at TRU than Gamestop and other retailers (*only* $30)


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