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Anime Toy



Joined: 08 Mar 2006
Posts: 24
Location: Worth, Il,chicagoland
PostPosted: Fri Aug 25, 2006 1:55 pm Reply with quote
For those who live in the Chicago area heads up! I recived a phone call yesterday at about 8:00 pm from the Yorktown Suncoast in Lombard, Il telling me that their store is closing THIS sunday the 27th. The Suncoast in the Harlem Irving mall (the HIP) in norridge is also closing. I don't know the date for that store. that leaves only Fox Valley Mall and Joliet. There will be no closing out discounts at the Yorktown store. They were told about the store closings this Tuseday! I also found out that the replay card and replay reward certificates are being discontinued. I belive you have untll October to use your certificates. They now have a new card called Platium Pluss I think that gives 10% discount on purchaces and 25% on your birthday. I was issued this new card free of charge because I'm a reward member but did notice that there is 25$ annual fee.
I also notice that the % discounts arn't good at suncoast or fiy .coms These new cards are good at other places( I don't have the list with me) but some of stores listed I've been too and are actually higher in prices the Suncoast is, and with less slections. I was also told that Suncoast is not going out of bussiness. this is not a good sign.
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indrik



Joined: 22 Jul 2006
Posts: 365
Location: yonder
PostPosted: Fri Aug 25, 2006 4:32 pm Reply with quote
I just got an email about the new rewards thing. The good news is there are actually FYE stores around here, even though there are no Suncoast or Media Play left. There are even stores near where I actually go shopping sometimes, too. Does anybody know if they have a significant anime inventory, or if they do the same sorts of pricing things as Suncoast did? That is, sell everything at close to MSRP but put it on sale the first week it's out?
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Nabeshin



Joined: 15 Apr 2005
Posts: 94
PostPosted: Sun Aug 27, 2006 10:33 am Reply with quote
Anime Toy wrote:
For those who live in the Chicago area heads up! I recived a phone call yesterday at about 8:00 pm from the Yorktown Suncoast in Lombard, Il telling me that their store is closing THIS sunday the 27th. The Suncoast in the Harlem Irving mall (the HIP) in norridge is also closing. I don't know the date for that store. that leaves only Fox Valley Mall and Joliet. There will be no closing out discounts at the Yorktown store. They were told about the store closings this Tuseday! I also found out that the replay card and replay reward certificates are being discontinued. I belive you have untll October to use your certificates. They now have a new card called Platium Pluss I think that gives 10% discount on purchaces and 25% on your birthday. I was issued this new card free of charge because I'm a reward member but did notice that there is 25$ annual fee.
I also notice that the % discounts arn't good at suncoast or fiy .coms These new cards are good at other places( I don't have the list with me) but some of stores listed I've been too and are actually higher in prices the Suncoast is, and with less slections. I was also told that Suncoast is not going out of bussiness. this is not a good sign.


Wait, so you're saying that Suncoast staying open is a bad thing? Probably not, but it's confusing with what you last said there.

Suncoast (AKA the Musicland group) has been through hell and back, filing for bankruptcy, unable to find a buyer of it for a long time, and generally having too many ideas and not properly executing them. I know, I worked for them.
Unfortunately, like most conglomerate corporations, the employees were usually the last to find out about things, like store closings. They would get last-minute notices about being laid off (like this wave of stores did), and generally shift inventory to other stores or return to the vendors to get credit (Musicland had ridiculously outstanding bill-of-sales with most vendors, including anime companies). The only merch they generally would "blow out" was other goods like t-shirts, mugs, action figures and the like because they bought those in bulk at ridiculously low prices, and could afford to take a hit or even simply mark down substantially and still make a few bucks off of it.

The new card program is designed to hopefully make them more money, since customers really knew how to work the system for the replay card (by coming in on triple point days or high-point value sales), and not only making back what they paid for the annual fee (10 bucks as I recall for a year), but getting multiple dollars off in the process-- some people would come in with over $200 in coupons after a triple-point sale (which I always loved because I always disliked stores that generally sold things at full retail price, like Musicland or FYE). They'd walk out spending very little after it was all said and done, and had a full bag of merch.

In all honesty, mall-based, full-price chains are going the way of the dodo-- and with online retailers offering substantial discounts, free shipping, and with little to no overhead (not needing brick-and-mortar locales, but simply a centralized warehouse, plus a minimally trained staff that can pack boxes rather than offer customer service), buyers have found better ways to save money, and gas for that matter.
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