Board Thread:General Nerf discussion/@comment-27306930-20180628003629/@comment-27306930-20180702060436

I'm not a finance-guy, but apparently these things get very complicated. As I understand it, back in June TRU sold all 82 Canadian stores to a company called Fairfax Financial Holdings Ltd. out of Toronto. Although they acted as if they were one big happy family, and purchased from suppliers as if they were one big company, TRU-Canada was actually profitable and was subsidizing the failing TRU-US stores through a bunch of loans. Over $100 million in all. Eventually TRU-US decided it couldn't handle the debt load from this and other losses, and decided to close up.

Based on how fast the inventory was liquidated at my local TRU, some of that debt might have been repaid in inventory to TRU-Canada. Literally, my store went from fully stocked to bare in 11 days. There ain't no parents 'round here stocking up on twelve years worth of My Little Ponies and Star Wars Lego, just sayin'. Something big happened behind the scenes, and I suspect a massive asset transfer. Or maybe some other weird buyout.

So the good news for everyone above the North American 45th parallel is that you're going to be flush with cheap toys, including a few million bucks worth of Nerf g̶u̶n̶s̶  blasters. Good news Moncton and Vancouver, RaptorStrikes galore at $30 CAN. And AccuStrike refill packs coming out your ears for $7 CAN.

But boy oh boy, are you gonna pay for it when the Infinus comes out. Seriously, I predict $70 here in the US, and $125 in the provinces, maybe more 😮