Toy’s R Us Find’s Wii Profitable

The success of the Nintendo console, the Wii, has proven to change the industry in many new and creative ways including reinvigorating slow product sales at Toys R Us. “The company went from a loss of $42 million at the same time last year to a profit of $13 million for the three months ended August 2nd,” says Gamasutra who spoke with CEO Gerald Storch.

Revenue was up 6.3%, in part, thanks to the Nintendo and its hot moving Wii and Wii Fit products. While Nintendo struggles to supply enough units for the strong demand, Toys R Us has no problem emptying their stores of any hardware they receive.

Months after the Wii launch we witnessed parents waiting in lines before the store opens just to see if they had Wii’s arrive for the opening. Although we’re sure it was a hassle to answer the phones with the typical response, “no, we’ve got no Wii’s in stock,” the long term plan has proven successful.

Have you finally managed to get yourself a Wii? Did you pick it up at Toys R Us?

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

Episode 334: Droning OnEpisode 334: Droning On

Despite the title of the podcast episode this week, nothing is boring. Rather, there’s a ton of banter between Jonah, Paul and Jordan, as they discuss next-gen console gaming.

This week’s news items include:

  • Amazon testing package delivery by drone
  • Microsoft advises gamers against turning the Xbox One into a dev kit
  • There’s “no lack of ideas” at DICE, CEO ponders local weather for Battlefield
  • Xbox One beats PS4 sales at Walmart, Target
  • Epic: “We’ve yet to see the real value of the second screen”
  • Sega: Shenmue 3 trademark listing a hoax

All this and some Listener Feedback.