Monthly Archives: October 2017

Ripple Effects of Chapter 11 Filing By Toys ‘R Us Begin to Spread to Manufacturers— Declining Profits Now Reported By Hasbro and Mattel

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Where are all of our customers? As the number of independent toy retailers and their “brick-n-mortar” stores continues to decline, toy manufacturer claims that their own lost profits could be made up with rising internet or “online” sales has now proven to be questionable—even unlikely. Should toy manufacturers such as Hasbro consider opening their own retail store outlets to compensate?

To most toy fans and collectors, this latest news will not come as much of a surprise. In fact, current developments regarding the world’s ongoing toy retailing saga may seem all too predictable, but here we go nonetheless: It turns out, having fewer retail stores for customers to visit and browse for products (like toys) can actually be bad for business. <Wow. Who’d a thunk it?> In fact, following closely on the heels of the recent story of Toys R Us’ (TRU) filing for Chapter 11 bankruptcy protection, we now also learn that Hasbro and Mattel (both) are beginning to feel their own negative economic ripple effects—and that they believe their troubles can be laid squarely at the doorstep of TRU’s earlier woes. According to the AP:

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“Mattel, the maker of Barbie dolls and Hot Wheels cars, reported disappointing third-quarter results late Thursday and said it was hurt by Toys R Us’ Chapter 11 bankruptcy filing last month. Earlier this week, Hasbro, the maker of My Little Pony and Monopoly, also blamed weak results on the Toys R Us bankruptcy filing.

Mattel, whose revenue in North America fell 22 percent in the three months ending Sept. 30, said that about half of that decline was due to the Toys R Us bankruptcy. Globally, most of its brands saw sales declines. Barbie sales fell 7 percent and Hot Wheels fell 6 percent. Sales of its American Girl brand, whose 18-inch dolls typically cost more than $100, fell 30 percent.” —AP

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Will Matty need a handout? Looks like this company mascot is extending his hand for…what? Will his business soon seek court protection, ala Toys R Us?

Whoa. 30 percent?  That’s quite a financial nosedive. And if ever a particular toy brand needed a store’s support (i.e. an actual, physical PLACE to go to) so as to be able to SEE and HANDLE their extensive and upscale line), it’s pricey American Girl. Anyway…

Bottom Line: If TRU’s Chapter 11 reorganization and debt payoff difficulties continue, it seems likely that additional store closings and employee layoffs industry-wide could also continue. That would result in even fewer “brick-n-mortar” toy stores, less actual shelf space for toys, and then ultimately, fewer toys overall for fans and collectors to buy and enjoy. Ouch! That’s where WE feel “the pinch.” We’re not too worried about the financial stability of either Hasbro or Mattel (they’re doing just fine, thank you), but this situation is fluid and developing. Stay tuned for further intel. Read the AP story HERE.

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Get Your Pepperoni Pizza Slice and a Cup of Coke Ready—1:6 Scale Arcade Games Are Coming Soon For Use In All Of G.I. Joe’s “Man Cave” Dioramas

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Get your roller disco skates on and head over to your local 1:6 arcade. 2018 will see the arrival of an entire line of GIjOE/Barbie-scale standup video games. (Photo; Replicade Amusements)

Bottom Line: If you collect GIjOEs and 1:6 scale props, grew up in the 1970s, and remember whiling away your teenage years in dark, video game arcades, then THIS story is definitely for you. Thankfully, it’s already been written for us by “Mighty” Mike Fahey, who lays out all the details on a new, exciting (and expensive) 1:6 scale product line—miniature standup arcade games. So… crack Joe’s tiny knuckles, line up some quarters, and prepare for all-night arcade game action HERE!!!

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G.I. Joe Club Announces Plans To Release “Really Limited” Set of 4 “Black and White TV Edition” 12-Inch Figures As Their New 2018 Club Exclusives

Remember watching all of those great color TV shows back in 1964? Probably not. While “test programs” had been broadcast in color as far back as 1953, few people living at that time (outside of those working for one of the “Big 3” networks) ever had an opportunity to view them that way. Why? The reason was primarily financial. There were countless hours of content being produced, and at the time, it was simply too cost-prohibitive to film and/or air all of that new programming (or commercials) in full color. As a result, cheaper black-n-white (B&W) television broadcasting (and B&W television sets) remained the industry standard until the mid-1960s, and the first images children ever saw of Hasbro’s new “Movable Fighting Man,” were aired solelyin black and white.

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As First Seen on TV!— The 4 new GijOEs coming from the GIJCC in 2018 will have NO colors (other than black, white and related gray tones) in their figures, uniforms, or coffin box packaging. This final “colorless” effect will either result in drab, dull and boring figures…or it will look absolutely STUNNING (we’re betting on the latter). Final judgement, as always, will rest “within the (color-blind) eyes of the beholder.” (Photo: GIJCC)

Indeed, while Hasbro’s initial run of GIjOE TV commercials in 1964 provided viewers with tantalizing glimpses of its new line of figures, uniforms, equipment and packaging, fans had to use their imaginations to envision all of the colors that were NOT being shown on their monochromatic B&W television screens. It wasn’t until all those children were able to visit their local toy stores in person, that they were finally able to SEE the panoply of COLORS comprising Hasbro’s wonderful new world—of GIjOE.

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WHOA. This is a COLOR photo?!— The GIJCC swears that this photo is in FULL COLOR. It’s the heads that are in B&W. What the..? AMAZING! (Photo: GIJCC)

To commemorate GIjOE’s first TV appearance, some 53+ years later, the GIjOE Collector’s Club (GIJCC) has announced that they will be releasing (4) new vintage-style 12″ GIjOE action figures—wholly devoid of color. Their skin tones, painted hair and eyes, uniforms and equipment, even all of their boxes, will be produced and “toned” in simple shades of black, gray and white. No other colors will be utilized at all. According to an official club post on the GIJCC website:

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“Just a couple of notes: Yes, everything will be in gray tones. This is a set of figures, not just a one-off, so they will display well together. In addition to the Action Soldier, there will be an Action Sailor, Action Pilot, and Action Marine as well in this series. You will get the 12″ gray-tone figure wearing shorts and the accessories and box are the add-ons that complete the set. These will be REALLY limited. Yes, it’s a novelty, but something that harkens back to the ORIGINAL days of Joe as he was first seen. The box images came off of the original commercials. The box is the width of the talker boxes to accommodate the accessories.” —GIJOE Collector’s Club

In the past, the GIJOE Collector’s Club has produced 12″ GIjOE exclusive figures with NO colors in (or on) them at all (i.e. clear, see-through plastic), with a green head (HERE) and even one that glows-in-the-dark (HERE), but this new idea for 2018 is something truly unique—a full line of 4 vintage-style figures completely devoid of color save for tones that were visible on an old black-n-white television in 1964. WOW.

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B&W Uniform Sneak Peak Pic—According to a quote from the club, “A ‘black and white’ G.I. Joe Action Soldier will need a ‘black and white’ field jacket!” Hey guys, you can throw away that Pantone book. You won’t need it for this job! (Photo: GIJCC)

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This teaser ad from the GIJCC newsletter provides a mock-up of what the final Action Soldier should look like. We look forward to seeing the real thing! (Photo: Paul Michel)

Bottom Line: Our sincerest thanks go out to taphatt2012 for the video clip shown above, and to the GIjOE Collector’s Club for their continued efforts to bring new and exciting 12″ GIjOE products to an ever-eager market of collectors. Some fans will quickly peg these upcoming figures as “must have” collectibles, while others may view them another way altogether. So far, WE like what we see VERY much. Stand by for more intel as it becomes available!

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