Scorpio
First Post
http://www.gamingreport.com/article.php?sid=11286&mode=thread&order=0&thold=0
Comments/concerns on the closing of WoTC Retail Units?
Comments/concerns on the closing of WoTC Retail Units?
R.i.p...?
- Thread starter Scorpio
- Start date
Flyspeck23
First Post
Part of me doesn't like this. But the other part still remembers its "tabletop days", where it was a Games Workshop addict... I guess you know where this is heading - GW stores are about the worst thing any sane gamer could imagine. If those WotC stores are anything like those... (I don't know, 'cause I live some thousand miles away from the closest WotC store)
That personal dislike aside, I'd say that, well, big companies are like that: to raise profit, you've got to cut the less profitable "ventures". Buy what you can, drop what doesn't hold up to expectations. Like their retail stores, obviously.
Don't draw easy conclusions from this incident. It doesn't necessarily mean that WotC is in any danger of being closed by Hasbro. Not necessary...
That personal dislike aside, I'd say that, well, big companies are like that: to raise profit, you've got to cut the less profitable "ventures". Buy what you can, drop what doesn't hold up to expectations. Like their retail stores, obviously.
Don't draw easy conclusions from this incident. It doesn't necessarily mean that WotC is in any danger of being closed by Hasbro. Not necessary...
Scorpio
First Post
I was wondering about shelfspace. If WoTC isn't selling thier products primarily through thier own stores (which is about all you could purchase in those stores), then they are going to want more shelfspace in Borders, Media Play, B&N,etc....
And those stores only alot X amount of feet in RPG/Related products....
And those stores only alot X amount of feet in RPG/Related products....
BrooklynKnight
First Post
Correcto. First they stop selling every other product but their own. That is a BAD thing to do in the retail world.
You'll notice every major supermarket chain usually has their own brand of products in the store. One for everything else they sell. Normally its the cheeper brand.
WOTC could have gone this route. Still selling other products while a bit more expensive then WOTC ones. They would have still made money...
However they closed that idea down and sold only their own stuff. This is a mistake because as mentioned above all of these things are usually available elsewhere.
Any "general wares" store sells toys and boardgames and they ALL have Hasbro products. (Considering Hasbro/Wotc is one of the biggest toy producers in the country.) Plus these places tend to sell them a few cents cheeper then wotc does at their stores.
Who's gonna walk into an expensive brand name store for a TOY?
Its not designer clothes. Its not FAO Shwartz (which went bankrupt thanks to Target and K-Mart).
The "bean crunchers" really made a suicide bomb here and completly fumbled their "Knowledge (Economics and Buisness)" roll.
Now...if they really wanted to make a good buisness descison they would start buying out smaller chain store companies that sell mostly toys. After a year or two they would make back their investment.
I think there was a report on fox news citing a wall street journal report that the "cheep" toys most people buy (1$-20$) make up the bulk of toy sales.
You'll notice every major supermarket chain usually has their own brand of products in the store. One for everything else they sell. Normally its the cheeper brand.
WOTC could have gone this route. Still selling other products while a bit more expensive then WOTC ones. They would have still made money...
However they closed that idea down and sold only their own stuff. This is a mistake because as mentioned above all of these things are usually available elsewhere.
Any "general wares" store sells toys and boardgames and they ALL have Hasbro products. (Considering Hasbro/Wotc is one of the biggest toy producers in the country.) Plus these places tend to sell them a few cents cheeper then wotc does at their stores.
Who's gonna walk into an expensive brand name store for a TOY?
Its not designer clothes. Its not FAO Shwartz (which went bankrupt thanks to Target and K-Mart).
The "bean crunchers" really made a suicide bomb here and completly fumbled their "Knowledge (Economics and Buisness)" roll.
Now...if they really wanted to make a good buisness descison they would start buying out smaller chain store companies that sell mostly toys. After a year or two they would make back their investment.
I think there was a report on fox news citing a wall street journal report that the "cheep" toys most people buy (1$-20$) make up the bulk of toy sales.
Turjan
Explorer
Judging from their stock, D&D material was only a marginal part of the things the Wizards shops sold. The stuff there consists mostly of table top games with a good mix of miniatures. Magic the Gathering made up quite a lot of their sales, too. Actually, I didn't buy my D&D books there, either, because they always wanted to have full price.
Therefore, I will only miss their great selection of table top games.
Therefore, I will only miss their great selection of table top games.
jmucchiello
Hero
All the WotC stores near me (3 of them) closed over the summer so I found this news interesting since I thought they'd all already closed.
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