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Showing content with the highest reputation on 10/08/2023 in all areas

  1. I was trying to break 2 hours today but didn’t have it in me. My mind said let’s go but my legs were done. Amazing how the athletes in Chicago did double the distance in the same time. I am striving to do Boston 2024 in 4 hours.
    2 points
  2. Yes, it's passed on, but not in the way we typically think (price hikes). The forces of supply and demand are strong -- coupled with competition from other Toy companies. Walmart can't just jack up the price and expect the demand to be there. The same thing goes for LEGO, they do have competition, and parents will make tradeoffs. Here's how I see it affecting the consumer: 1. Inventory is off: most retailers are on an automated replenishment system, so if it thinks it has it in stock (it actually got stolen), it won't trigger the system to replenish -- causing empty shelves and pissed of BP clearance hunters 2. The retailer will reduce the breadth and depth of the assortment to avoid loss (or stop carrying it all together) 3. The retailer will put it behind glass -- causing friction to the consumer 4. The retailer will close down high-risk stores 5. LEGO will offer the retailer rebates for shrink hurting their gross margin: resulting in less profit for LEGO forcing them to cut costs across the board such as R&D, quality standards, and the number of sets created. When we did our annual cycle counts back in the day, we'd write off 1% for shrink as the cost of doing business. Can't help but think that the average is up to 3% if not higher in some states such as Cali.
    1 point
  3. I currently have a ton of sets for sale on Facebook Marketplace. I wonder if I look like a thief? It’s obvious I’m not, my prices are appropriate, and my response to low balls are I’ll just build it at that price. There are obvious problems involved with thievery. But the one I feel is most often ignored is the price is actually passed on to the consumer one way or another.
    1 point
  4. The faces he makes in his thumbnails is why I refuse to watch his videos.
    1 point
  5. This dudes face is so punchable.
    1 point
  6. Somehow this is literally my idea of a good time...
    1 point
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