4godkingandwol…

June 2nd, 2015 at 1:36 PM ^

... is a dead man walking. He'll probably be able to get some early wins by cutting the fat, but the business model is broken. As bigger omni channel and online pure plays solve last mile delivery, Toys R US is dead.  They just don't have the assets to compete.

 

EDIT: assets or visionary leadership (clearly).

True Blue Grit

June 2nd, 2015 at 3:13 PM ^

There probably isn't much damage Brandon can do to them at this point.  If he employs his "profit-squeezing the brand at the expense of quality and customer loyalty" strategy like he did at Domino's, he'll at least get some short term gains there before he either bails on them or is booted out the door. 

gwkrlghl

June 2nd, 2015 at 12:10 PM ^

If they wanted results then they should've gone for Brandon's succesor at Domino's: J. Patrick Doyle

Brandon had Domino's IPO in 2004 at about $14. When he left in 2010, it was at....$11. He then ran Michigan's AD for a few years before being basically run out of town.

Doyle joined on in 2010 and now Domino's stock price is close to $110 and is regularly offering dividends. Hire that guy.

MichiganG

June 2nd, 2015 at 12:51 PM ^

Two things: (1) you're right their annualized return has been better under Doyle, but (2) they did much better under Brandon than you portray just by using share price.  Brandon returned an enormous amount to investors via special dividends.  So while the stock price did not go up, Dominos return for investors during the Brandon campaign was dramatically better than the market (10.45% annualized return for Dominos compared to 0.73% for the S&P500).

Brady Elliott

June 2nd, 2015 at 2:15 PM ^

Oh I get that. As a father of four tboys that are three and under, my wife and I have conversations all the time with our children. We explain the ways of the world and the realities therein, "sometimes life isn't fair," "sometimes you have to eat your Cheerios out of the Orange bowl instead of your favorite green bowl." They don't appreciate that level of exchange...not sure why. It's almost like they don't understand.

coldnjl

June 2nd, 2015 at 11:29 AM ^

You thought our toys WERE dangerous...but don't worry, we fixed that. Reduced choking hazards and increased health for players, guaranteed!....

 

 

 

 
 
No returns are permitted, we do not guarantee the health of your children playing with our toys. May god have mercy on your soul

wahooverine

June 2nd, 2015 at 2:42 PM ^

I don't like the the smarmy, self-righteous guy at all, but it is fair to call him talentless?  Just playing devils advocate here. If he we're truly a no talent ass-clown why would a return minded PE firm trust him to increase the value of a major asset like Toys R Us?