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My experience in a large US city is surprisingly the opposite. The toy stores I visit are doing great. I suspect this is is because a large portion of their bus
by strict9 4mo ago
My experience in a large US city is surprisingly the opposite. The toy stores I visit are doing great. I suspect this is is because a large portion of their business is for birthday parties.
I assumed many or most were gone because of Amazon. But after having kids and getting gifts for birthday parties, I've learned there are a lot of them and they are doing healthy business. Almost always a line on weekends.
Many or most in line take advantage of free gift wrap because they're on their way to a party.
In many ways it is more convenient than Amazon because you're going out anyway, why not get it at the last second with careful gift wrapping.
But even a recent trip to the suburbs surprised me. The Lego store in the mall had a velvet rope and long line of kids waiting to get in. I had never seen anything like this and apparently it is usually this busy.
- conductr 4mo agoI have a 7 year old and for the past 3-4 years we make a weekly pilgrimage to a local boutique toy store specifically for birthday party gifts. It’s usually packed with others just like us doing exactly the same thing. They do provide the free wrapping service and they slap their story sticker on every box and it’s a good marketing strategy. But they also stock toys that are pretty unique and change the stock frequently, every kid we know practically has every toy you’d see at a place like Target. Their toy section seems to have been the same the entire time. Occasionally a new movie related toy comes and goes and a couple new big toy trends have entered but generally it’s all the same. Even the baby toys they sell are the same ones my kid had and has outgrown years ago. I’m not certain what their strategy is but it’s definitely not a good shopping experience for maximizing LTV of a childhood. We also have the Lego store with the velvet ropes and always queued in our neighborhood mall. Now the only observation I can say is this really only seems to work in affluent suburbs only. My neighborhood mall just so happens to be the top shopping mall in my huge city. It’s a destination for most of the suburbs and exurbs. The boutique toy story birthday present runs is usually around $50 per kid and we go to usually around 2 birthday parties a week during school year (on average). I don’t think most parents are allocating that type of budget for other people’s kids. I have 1 kid, many of my peers are doing the same for 2-3 kids and we all are varying levels of affluent by regional standards (expensive homes/cars, nannies, private schools, etc).
- bombcar 4mo agoPart of the problem is that when Toys R Us bit the wax tadpole, Walmart jumped in and doubled or tripled the number of aisles dedicated to toys; so any "middle" suburb/city area with a Walmart already has an "easy source" of toys to grab, making it an uphill battle. Target did the same and now has more Lego than TRU ever had, for example, though their prices are often over MSRP. The key would be to market above both and aim for "different things" while making it a possible destination on its own.
- ErigmolCt 4mo agoThat's probably the trap: competing with Walmart or Target on "I need a LEGO set for a birthday party in 20 minutes" is almost impossible.
- saghm 4mo agoI've never heard the phrase "bit the wax tadpole" before. From googling, it sounds like a reference to an urban legend about Coca Cola being poorly transliterated into Chinese? It's not clear to me if this is something commonly used as an alternative to "bit the dust" or if I'm missing another level of metaphor here.
- gbear605 4mo ago> we go to usually around 2 birthday parties a week during school year That's honestly impressive, some 70 birthday parties a year, plus presumably some extra in the summer.
- rationalist 4mo agoI think it's more scary than impressive. What kind of adults are all of those children going to grow up to and become, where multiple parties are the weekly norm?
- conductr 4mo agoMaybe you can clarify because I don't understand your fear or what you think it means for these kid's future adulthood? The kids just see it as a fun 2 hour playdate with lots of friends in an interesting setting with dessert. It's the same friends they see at school, sports, etc. so it's their time to have some less structured play time, which - not sure if you've heard - is in rare supply for many children these days. When I was a kid, even at this age, I was roaming all over town on a bike with my friends, I basically had the Stranger Things childhood experience, and I feel very confident there was a lot more to fear in that timeline of childhood.
- gwbas1c 4mo agoI think it's hard to see the change in US toy stories looking at articles (and discussions) like this. There's always been turnover in retail; very few stores and chains last a lifetime. (I've always suspected it has to do with when key people retire or otherwise leave the business.) Compared to when I was a kid, there's no shortage of toy stores: There's always something at the mall, Target has toys, bookstores have toys that didn't have toys when I was a kid. (My daughter asked me to take her to a bookstore in town last weekend that was about 1/3rd toystore.) So, it's really hard to "blame" someone for a "demise" that, to me, looks like traditional retail turnover. Even if we didn't have Amazon, I'm sure older retail stores would turn over, and newer retail stores would eat them.
- Computer0 4mo agoMy experience in tier-2/3 US cities they are dying, even the local small businesses, as well as in the suburbs of Tier 1 cities.