September 6th, 2017 at 4:29 PM ^
Keep in mind, a lot of people much poorer than Brandon get affected by this too. The worst-case scenario for him is probably a golden parachute.
September 6th, 2017 at 4:57 PM ^
September 6th, 2017 at 7:49 PM ^
Lot's of golden parachutes make the news, but it is funny how the ones that people bitch about the most is when the CEOs are women. Jill Baraad former CEO of Mattel got a $40Million buyout in 2000 and it was in the news for years afterward. Marissa Meyer got a really nice golden parachute, but people seemed to feast on the news for a long time.
September 6th, 2017 at 8:47 PM ^
September 6th, 2017 at 9:33 PM ^
September 6th, 2017 at 11:12 PM ^
to a great many industries today. And not just the for-profit sector. Nonprofits can also follow that model, inept C suite that rakes in cash while screwing over the rank and file.
September 6th, 2017 at 4:07 PM ^
and not go to bed. Couldn't make things much worse, right?
September 6th, 2017 at 4:08 PM ^
R Us has been a completely shit show for years. I am sure Brandon did not help, but this has been a long time coming.
September 6th, 2017 at 5:34 PM ^
September 6th, 2017 at 4:08 PM ^
than Dave Brandon but we can keep crying about the guy who everybody loved when he first got hired.
September 6th, 2017 at 4:13 PM ^
September 6th, 2017 at 4:20 PM ^
but if his prior actions and leadership are any indication, no doubt Dave helped hasten TRU's demise
September 6th, 2017 at 5:02 PM ^
was on the ropes well before AMZN really cecame a thing. There was already a lot of brick and mortar out there to hurt them. I'm surprised they have lasted this long.
September 6th, 2017 at 6:07 PM ^
TRU is fighting multiple headwinds.
1) Debt load
2) Brick and mortar retail problems: Wal-Mart and Amazon/the Internet have both peeling away customers
3) Less customers: There has been a dramatic shift in what kids play with. Less physical toys, more software based. See how major toy companies like Hasbro, Mattel have been slumping. Hell, even Lego announced layoffs for the first time in decades
4) Downloadable software: No need to hunt for a video game, since you can download it from Steam/Playstation/X-box.
Brandon did a craptastic job as UM AD, but I don't think you can blame him one year on the job for TRU being in the shitter.
September 6th, 2017 at 8:44 PM ^
"Brandon did a craptastic job as UM AD, but I don't think you can blame him one year on the job for TRU being in the shitter."
Well he DOES have 12 toilets to fill.
September 6th, 2017 at 8:06 PM ^
Radio Shack lasted far longer than they should have. That one still puzzles me how they made it past the 90s at all.
September 6th, 2017 at 9:34 PM ^
September 6th, 2017 at 10:11 PM ^
I agree. I kept trying to find something in there worth getting, because from 30,000 feet it seems like the kind of place I would like, but there's nothing.
Ours just closed a few months ago, too. It was right next to Sears.
September 6th, 2017 at 5:51 PM ^
We liked him until we realized that his "pimp hand" was like this:
September 6th, 2017 at 4:09 PM ^
"I told the board that a Geoffrey mascot walking the aisles in every store would do the trick with younger shoppers... BUT NO. NO ONE LISTENS TO DAVE."
September 6th, 2017 at 4:09 PM ^
In fairness, none of these brick-and-mortar retailers are doing well, and specialty superstores have been hit especially hard. I think a huge chunk of that $400 million debt was incurred before they hired David Brandon.
September 6th, 2017 at 4:15 PM ^
Got me to double post. And I never double post.
So here's a KITTEN
September 6th, 2017 at 4:10 PM ^
I definitely know to start looking for a new job if show's up as my next CEO.
September 6th, 2017 at 4:56 PM ^
Probably don't need to - he will be showing everyone the door. I work for the same kind of assholes like Dave who belkieve every employee not working for them is better than every current employee. All you have to to is fire everyone and you will automatically get better, right?
September 6th, 2017 at 4:10 PM ^
September 6th, 2017 at 4:13 PM ^
bankruptcy? he'd exceed in both arenas.
September 6th, 2017 at 4:16 PM ^
September 6th, 2017 at 4:19 PM ^
September 6th, 2017 at 4:22 PM ^
September 6th, 2017 at 4:31 PM ^
September 6th, 2017 at 4:23 PM ^
Domino's stock went from $12 when Brandon left in 2010 to $180 today. Strange...
September 6th, 2017 at 4:28 PM ^
lol, gotta love this market.
September 6th, 2017 at 5:42 PM ^
September 6th, 2017 at 4:23 PM ^
Sounds about right.
September 6th, 2017 at 4:24 PM ^
September 6th, 2017 at 4:25 PM ^
This is a continuing trend for brick and mortar retailers. As a parent, I buy toys for my kids from the following places:
Amazon
Thrift stores/second hand shops
If I need to go out and buy a new toy, I have a Meijer less than five minutes from my house. Trying to save ToysRUs is a no-win situation, unless you're going in there knowing that the only win you'll get is a nice salary while they go down the toilet.
September 6th, 2017 at 4:33 PM ^
September 6th, 2017 at 4:27 PM ^
money, the guy is tremendously overrated as a manager and executive. We can kind of see why too based on his days as AD. In his private industry jobs there was little visibility to his personality weaknesses and arrogance. But while here at a public university where it's much more of an open book, he was exposed.
September 6th, 2017 at 4:33 PM ^
September 6th, 2017 at 4:58 PM ^
He'll be here all week guys.
September 6th, 2017 at 4:33 PM ^
Much as I love to dump on Brandon, deservedly so, the entire toy industry is in big trouble as is most of on-site retail.
Kids don't play with toys any more, they jump right to smartphones, videos, social media at an early age. I've seen it with my own kids, much as I have tried to slow it down.
Then what toy sales do occur are swallowed up by Amazon.
Brandon was not the cause of this, even if he was arrogant enough to think he would be the solution to it.
September 6th, 2017 at 11:19 PM ^
by being poor :-)
Ever so glad I did. They are better for it.
September 6th, 2017 at 4:42 PM ^
A lot of jobs and economic futures are at stake. 'Toys' was probably hoping for a miracle worker when they brought Brandon aboard a while ago. He's not.
September 6th, 2017 at 5:05 PM ^
...gotten away from having defensive-minded stock clerks.