Toys R US vs KB Toys | The Comeback Kid, Plus Hot Wheels! | 5

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 13 December 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

‘Tis the season for toys! First, we’re getting an update on where toy retailers stand today with Forbes Senior Contributor Joan Verdon. She’s covered Toys R Us since the late 90s, and has the inside scoop on whether this chain is actually making the big comeback the headlines claim.

Later, we’re zooming in on one toy that’s stood the test of time — Hot Wheels – with Bruce Pascal, who has the world’s most valuable, historically-complete collection of these tiny cars. And he’s recently created his own museum for them. Plus, Bruce shares how he acquired the “holy grail” for Hot Wheels collectors (hint: it’s hot pink).

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Transcript

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0:00.0	I'm David Brown and this is Business Wars.
0:07.0	I'm David Brown and this is Business Wars. for it. The retail toy market has seen its fair share of ups and downs over the years, but one thing is certain,
0:34.8	playtime will never go out of style.
0:38.0	Even as the trends change, there will always be a place for toys on the shelf, regardless of
0:42.1	whether that shelf is hanging in your
0:43.6	kids room or your own office, but the toy store as we know it is certainly
0:49.4	evolving. Joan Verden is a senior contributor for Forbes.com who's covered the industry since the mid 90s.
0:55.0	She had a front row seat to some of the biggest Toys R Us moments of the early aarts.
1:00.0	And now she's bringing us up to speed on where the legacy toy store stands today.
1:05.0	Later on we'll be switching gears to focus on one of my all-time favorite toys.
1:10.0	They're new. They're authentic. They're the fastest miniature metal cars you've ever seen.
1:17.0	New Hot Wheels only from Mattel.
1:20.5	Our guest Bruce Paskel has the most valuable and historically complete collection of Hot Wheels in the world.
1:26.3	His collection is so impressive that he recently transformed it into a museum and Bruce is joining us to talk about the history of these iconic tiny cars.
1:36.4	Get ready to feel like a kid again because there's a whole lot of toy talk coming up.
1:46.0	What happens now? What happens now?
1:47.0	How will I cope?
1:49.0	How will I cope?
1:50.0	Sometimes you don't want to talk about cancer to people you know.
1:55.0	You just want to talk to someone who knows how you feel.
1:59.0	That's why I joined the Macmillan online community. We know what it's like, because we're living
2:05.9	with cancer too. And whatever's on your mind, we're here to help. To join us, search Macmillan online community.
	...

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