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Toys R Us Files for Chapter 11 Bankruptcy

As we know by now, Toys R Us has filed for Chapter 11 bankruptcy but what will happen with the company and all the LEGO exclusives we could get from them? As an employee of Toys R Us/Babies R Us, what I’ve been told by my manager is that we’ll still be running normally like we’ve been running. No stores will be closing in the short term but may close poor performing stores after the holiday season. As for reports that a lot of vendors have refused to ship products, those are only for the smaller companies. I believe the larger companies like Mattel, Hasbro, and even LEGO are still getting products to the stores. There won’t be any “going out of business” sales because this isn’t a Chapter 7 bankruptcy and TRU is not going out of business at this time.

So what happens with all the LEGO products at Toys R Us? There shouldn’t be any change with the selection. For those here in the US who are waiting for the Bricktober 2017 sets, you should still be able to find them in a few weeks. There will still be various sales going on and TRU does price match Amazon and other retailers.

The Toys R Us bankruptcy comes just weeks after LEGO reported lower profits and layoffs themselves. It looks like that the whole toy industry isn’t doing well as a whole as more kids are gravitating to electronics and video games. We’ll see what happens after the holiday season but this is scary news especially since I’m an TRU/BRU employee but I feel that things will work out slowly, hopefully.

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LEGO Ranked Number 1 on 2017 Global CSR RepTrak 100

With the hype of the release of the LEGO Star Wars UCS Millennium Falcon (75192), this piece of news was overlooked. It has been announced that The LEGO Group has become the Number 1 company in regards to reputation on corporate responsibility according to RepTrak 100. This comes a couple of months after LEGO was named the second most regarded company overall.

According to the survey, The LEGO Group surpasses Microsoft and Google who was at the second and top spot, respectively, last year. Chief Financial Officer Marjorie Lao said,

We are honoured to see that our efforts to positively impact the planet resonate with people all over the world. We feel a huge sense of responsibility to inspire and develop children through play while leaving a significant positive impact on the world children will inherit. It is part of our DNA as a company, and we will continue to set the bar high for ourselves to do better.

1

The Brick Fan August 2017 Monthly Recap

August was pretty chaotic especially towards the end of the month and here’s a recap of some of the more notable LEGO news.


LEGO Education Panama Canal (2000451) Now Available Worldwide – The limited edition set can now be purchased outside of Panama and includes free worldwide shipping.


LEGO Architecture LEGO House (21037) Official Images – Official images of the LEGO Architecture LEGO House (21037) are now available and it looks like the set will only be available in Billund when it opens.


LEGO Third 2016 Review Stage Winner Announced – Two sets were announced to become official LEGO Ideas sets which include Ship in a Bottle, The Flagship Leviathan and Voltron – Defender of the Universe.


Rumored LEGO Anniversary Sets Coming in 2018 – There are rumors of sets to celebrate the 60th anniversary of the LEGO brick.


The LEGO Group Appoints Niels B. Christiansen as New CEO – Christiansen replaces Bali Padda who took over at the beginning of the year.


LEGO Celebrates 85 Years – The LEGO Group celebrated their 85th anniversary from being a wooden toy company to what we have today.


LEGO Creator Winter Village Station (10259) Officially Announced – LEGO announced this year’s Winter Village set with the LEGO Creator Winter Village Station (10259).


LEGO Harry Potter Coming Back in 2018? – There’s a rumor that there might be sets based on The Wizarding World of Harry Potter which may include sets and minifigures from the Harry Potter series and Fantastic Beasts.


LEGO Star Wars Ultimate Collector Series Millennium Falcon (75192) Officially Announced – Probably the biggest piece of news in August was the announcement of the LEGO Star Wars Ultimate Collector Series Millennium Falcon (75192) which was teased throughout the month.


LEGO Ideas NASA Apollo Saturn V (21309) Not Being Retired Soon – The LEGO Ideas team has reiterated that the LEGO Ideas NASA Apollo Saturn V (21309) is not being retired anytime soon.


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The LEGO Group Releases 2017 Half Year Results, Profits Down

LEGO has just released their financial details for the first half of 2017 and it’s not looking too good for the best toy brand in the world. Compared to the same time as last year:

– Revenue down 5 percent to DKK 14.9 billion compared with DKK 15.7 billion
– Operating profit down 6 percent to DKK 4.4 billion compared with DKK 4.7 billion
– Net profit down 3 percent at DKK 3.4 billion compared with DKK 3.5 billion
– Cash flow from operating activities was DKK 4.6 billion compared with DKK 3.9 billion

LEGO Group Chairman, Jørgen Vig Knudstorp stated,

We are disappointed by the decline in revenue in our established markets, and we have taken steps to address this.

We are working closely with our partners and we are confident that we have the long-term potential of reaching more children in our well-established markets in Europe and the United States. We also see strong growth opportunities in growing markets such as China.

Some of the best performing themes for 2017 include LEGO City, LEGO Friends, LEGO DUPLO, and LEGO Technic, all in-house IPs. The LEGO Batman Movie also did very well.

As a result of the profit decline, the company will have to trim its total global workforce by about eight percent which is about 1,400 jobs by the end of the year.

The LEGO Group will now have to restructure the company as well as having to clean up their inventory to simplify the business model.

What are your thoughts on this surprising piece of news? Let us know in the comments below.

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Time to check back in with Clutch from Bricks on the Dollar

Clutch couldn’t slow himself down even if he knew how to. Here’s this month’s new poster, free LEGO giveaway, mystery box review, and also some new t-shirts!

The AFOL Poster Subscription Service releases new artwork

Interested in LEGO Art? The AFOL Poster Subscription Service from Bricks on the Dollar has begun its mission to bring you original LEGO Artwork every month with their latest release, 60036 Arctic Base Camp by Aaron Edzerza.

Every month a new artist will create distinctly LEGO-themed art in their own style. 11”x17” posters are available from the AFOL Poster Service website. Posters are tube-shipped to their recipients. For only $10 per month you will get the newest poster tube-shipped to you on the 1st of each month. Subscribers also get a short bio about the artist and the artwork as well as an official LEGO Minifigure from the depicted theme! If you want to pick and choose, the posters will be individually available on the 15th of each month for $13 shipped worldwide.

Check out the posters which are available right now. A new poster will be available each month while supplies last. Upcoming themes include Bionicle, Futuron, Agents, Marvel, & perhaps Ninjago? Pick up your favorites or sign up for the subscription to never miss a poster!

Monthly LEGO Giveaway from Bricks on the Dollar

Every month, Bricks on the Dollar gives away a sealed, vintage LEGO set. Interested in winning some FREE LEGO? All you need to do is enter the giveaway drawing with your email address HERE. Even better, they use the same sign-up form each month so all you need to do is bookmark this link, and you can enter every month to win another set!

The winner will be drawn on September 1st and contacted for their mailing address. On that same day, the September giveaway set will be announced and the sign-up form will be reset for the next drawing.

This month, Bricks on the Dollar is not giving away a sealed set, but is offering a set of two Tom Whalen SDCC 2017 LEGO Super Heroes Posters. Clutch won too many of them on eBay while shopping for himself and is giving away a copy of the Justice League poster and a copy of the Thor Ragnarok poster both to one lucky winner.

Clutch’s Secret Stash: The LEGO Mystery Box You Didn’t Know About

In July, Bricks on the Dollar launched their own LEGO-themed Monthly Mystery Box. Is the age of Mystery Boxes over? Perhaps. But where other LEGO-themed Mystery Boxes focus on education, knock-offs, or just a scoop of used bricks, Clutch’s Secret Stash promotes the celebration of the LEGO Lifestyle among Fans Of LEGO.

Here’s an image of what subscribers received in the August box.

Brickolini Pizzeria fridge magnet
The Guarded Inn bottle opener
Octan bottle cap
6x retired pneumatic t-bar
Vitruvian Minifigure sticker
8x new modified round brick with spikes
Neighborhood Watch sticker
Unique graffiti LEGO ad page by Jiskone

Sign up now and join the September 2017 shipping list. The next boxes ship out very soon!

You can also check out review videos here.

Clutch sells crazy t-shirts on Amazon?

Bricks on the Dollar has been uploading t-shirt designs to Amazon using their Merch By Amazon program. Check out the shirts that have been uploaded so far and check back for new designs as they are approved.

**Sponsored Post**

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11 LEGO Moments That Defined LEGO Play We Know Today

Continuing with my coverage of LEGO’s 85th anniversary, there’s a new video that shows the most defining moments of LEGO play. There are some of the usual ones that you probably would expect but there are also one on the list that may make you scratch your head as it was just released.

What are some things that you think should have made the list but didn’t? Let us know in the comments below.

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LEGO Celebrates 85 Years

A few days ago, LEGO celebrated their 85th anniversary and they have been releasing some content to commemorate the event. Throughout its history, LEGO has evolved from a wooden toy company to the largest toy company in the world. If you haven’t seen the video yet, it’s basically a condensed version of its long history. What is your fondest memory with LEGO? Let us know in the comments.

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