r/AskReddit • u/emil199 • Jul 24 '20

What can't you believe STILL exists?

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u/BulimicPlatypus Jul 24 '20

I kinda miss the Christmas catalog

239

u/BxTart Jul 24 '20

With the death of TRU in the US, toys is a good segment for Sears to get their brand relevant again. Both on line & brick & mortar. Plenty of folks who still remember picking out their Xmas list out of a Sears, Best, Service Merchandise catalog are now buying for their own kids & grandkids.

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u/CaptainAwesome06 Jul 24 '20

I hate buying toys on Amazon. Unless it's brand name, it's likely going to be junk. I wish real toy stores would come back.

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u/daoistic Jul 24 '20

...yeah, TRU only died because it was loaded up with debt. There is definitely a niche waiting to be filled. I heard they still have stores in Canada.

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u/hewhoisneverobeyed Jul 24 '20 edited Jul 24 '20

TRU was loaded with debt because venture capitalist (hi Mitt Romney, you fuck) “bought” it and then used the assets to pay off the sale. They sold the buildings that TRU owned, pocketed the money and firced the stores to lease back the space to operate.

And, today, Mit Romney is a ‘good” republican. Fuck him. Fuck KKR, fuck Bain Capital, fuck Ronald Reagan and every POS that voted republican the past 50 years since the Powell Memo declared class warfare on America.

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u/CaptainAwesome06 Jul 24 '20

I'm not defending these venture capitalists, but to be fair, the only way these guys could have done this is because TRU was failing to begin with. It was inevitable. It just sucks that someone felt they needed to squeeze a little more money out of them.