My rolling Target stock thread

[JeremyNick]

100% of retail in my area is bought by people despised by BO members.

[AstrosFan17]

Originally Posted by triden3012

Well it's funny how now Target is worried about the safety issue of people camping out overnight awaiting the 8 AM Friday frenzy.

What did they was going to happen when they starting going with this policy? They had to know knuckleheads would start camping out overnight or get there very early in the morning to ensure they would be the first to get product.

Seems Target really didn't think this thru very well, or they just don't realize how bat #@#@#@#@ people are for cards nowadays.

No sane person would reasonably think that people would camp out overnight for the chance to buy 3 blaster boxes of ANY retail sports card. No sane person would do that either.

[AstrosFan17]

Originally Posted by roush16racing

From Twitter, here is a homless camp..Oh wait, it's the line outside of a random Target on this fine Thursday night. Does the person at the table with the fast food really need it?

I'm just glad I haven't had to deal with this craziness... yet. I stopped by the target close to my office on Friday morning at about 7:45 and the line was about twice the length as the one in the picture. Longer than I would like, but plenty short enough for me to pick up some Heritage and Series 1 - 2 of the three products I was there to get.

[ThoseBackPages]

would like some Prizm

[Zauron]

Originally Posted by AstrosFan17

No sane person would reasonably think that people would camp out overnight for the chance to buy 3 blaster boxes of ANY retail sports card. No sane person would do that either.

Yeah, nobody thought people would camp out 12 hours just to buy 3 blasters for $60 plus tax, just to resell for $360 and make at most $300 net if it's straight cash and no fees/shipping/etc.

But hey, that's $25 an hour. Well, I already work 40 hours during the week to make my money, and I value my sleep/time off.

[AstrosFan17]

Originally Posted by Allamericancard

While lines may be the same, the amount of time it may take for those lines to be serviced seems like it will be longer. At my store, its normally like 30 folks. We are all in and out within 15 minutes of open. I feel like this new format may extrapolate that time to 45 minutes after open to where regular customers will wonder what the line is for

This doesn't make logical sense... instead of every person in line going in picking out 3 of every SKU, they walk in and choose the one product that they want and move on. The line should, and most likely will, move much faster even if twice as long.

[Zauron]

Originally Posted by AstrosFan17

This doesn't make logical sense... instead of every person in line going in picking out 3 of every SKU, they walk in and choose the one product that they want and move on. The line should, and most likely will, move much faster even if twice as long.

Yeah, I was going to say this should move things along faster. 1 thing to choose, people are going to buy the basketball/football and move along.

I will say, I think this will finally make it easier for kids to buy Pokemon cards.

[AstrosFan17]

Originally Posted by MTK1994

Sure we all have to sell some sealed products.

Nope... I open everything I buy, and only buy something if it's a set that I want to build. Now I do try to sell every non-Astro / non-Cowboys hit that I get, for the sole purpose of supporting my addiction.

[AstrosFan17]

Originally Posted by Zauron

Yeah, nobody thought people would camp out 12 hours just to buy 3 blasters for $60 plus tax, just to resell for $360 and make at most $300 net if it's straight cash and no fees/shipping/etc.

But hey, that's $25 an hour. Well, I already work 40 hours during the week to make my money, and I value my sleep/time off.

That's where the true craziness lies... why would anybody pay $120 for a blaster box?!?!? I won't even pay that much for a hobby box OF ANYTHING. The main reason why I've ben forced to collect retail for the last couple of years.

I was actually 95% out of the hobby until Target implemented this Friday morning policy. There was literally NOTHING on the shelves anywhere for months, at least now I can go wait in a line before work and have a shot at getting some of the stuff I like to collect at MSRP.

[Bhenry4]

Really wish that they would have limited blasters when I used to waste $200 in the past when nobody else bought retail. Would have saved me a ton of money.

[LTLurker]

I know not all folks here are in reddit (although I’ve seen a few familiar faces), but if you are, I’d subscribe to the r/Target sub. The only people that hate flippers/neck beards more than us are those employees.

This is also where a lot of folks “with sources” is getting their information on new policies.

For example, one store just “cancelled” selling trading cards on Friday.


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[Chris P]

Originally Posted by AstrosFan17

That's where the true craziness lies... why would anybody pay $120 for a blaster box?!?!? I won't even pay that much for a hobby box OF ANYTHING. The main reason why I've ben forced to collect retail for the last couple of years.

I was actually 95% out of the hobby until Target implemented this Friday morning policy. There was literally NOTHING on the shelves anywhere for months, at least now I can go wait in a line before work and have a shot at getting some of the stuff I like to collect at MSRP.

BC Wax Hoarders are holding long term. There's a ton of people that buy on the secondary market to hold long term. That's why this will never stop. Flippers will always have buyers and hoarders allow the gains to be worth it. Not knocking wax collectors or anything but it's definitely a reason why Flippers won't ever go away. Look at the Prizm thread...people would buy all day at $100 a blaster for Prizm Blasters..even at $80 that's 4 times MSRP...plenty of profit for flippers.

[ewokpelts]

Originally Posted by callou2131

To sell? You can get them for $28 shipped on ebay. Your total profit would be $0. BUT if you bought all 4, your profit would be 4 times that amount!!!

Someone stole the cards

[SunDevil2422]

Originally Posted by Chris P

BC Wax Hoarders are holding long term. There's a ton of people that buy on the secondary market to hold long term. That's why this will never stop. Flippers will always have buyers and hoarders allow the gains to be worth it. Not knocking wax collectors or anything but it's definitely a reason why Flippers won't ever go away. Look at the Prizm thread...people would buy all day at $100 a blaster for Prizm Blasters..even at $80 that's 4 times MSRP...plenty of profit for flippers.

You think this is sustainable? Once stimulus money goes dry and people are leaving their house more often the flipping business will go stale.

[ewokpelts]

Originally Posted by Astros19

Nope, not the way it works.
Most often stores will sell pop at a loss but you can bet your a$$ coke, Pepsi and 7up/Dr. Pepper aren't.

Target makes more than just the rental space on the shelf I guarantee it.

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The big boys are the ones selling at a loss. How many artisanal soda companies are even in a big box store?

[Chris P]

Originally Posted by SunDevil2422

You think this is sustainable? Once stimulus money goes dry and people are leaving their house more often the flipping business will go stale.

The people buying to hold aren't depending on stimulus. Look at the Basketball Boards. It's guys with a lot of disposable income that are willing to play the long game. They buy thousands in retail to hold. They wait for the panic sellers to undercut but even then there's a sweet spot where the wax collectors and flippers both win. The Hoops Premium Stock was all about that. And even as low as that got...flippers were still getting 2x their buy in.

[ThoseBackPages]

nothing today

[Astros19]

Originally Posted by ewokpelts

The big boys are the ones selling at a loss. How many artisanal soda companies are even in a big box store?

If you're referring to the soda makers they aren't losing anything. It's the stores selling it at a loss.
By the way, I do seem to remember from my grocery days that some states don't allow loss leaders.
The reasoning is that it's much easier for Walmart, Target and other big corporations to lose a few cents on a few products as they will more than make up that loss with so many other items they sell. Where as a mom and pop grocery store can't afford to sell anything at a loss.

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[ewokpelts]

Originally Posted by Hoopscardz83

To put this coke debate to rest. I've been a Store Manager in retail for nearly 2 decades. Target is likely making 5 cents or maybe 25 cents a most per unit. I've ran CVS and Rite Aid stores. It was all about having that extra item in the basket. Coke would run big buy ins that would drop cost. Making your profit a bit higher.

Exactly! They want you in the store period.

[ewokpelts]

Originally Posted by 37Jetson

With all of the people standing outside of Target at all times of the day and night it makes you wonder if anyone has a job..... Or has retail card reselling become that lucrative?

A little of both. Some people are doing well on unemployment, and the card flipping is easy low hanging fruit.

[AstrosFan17]

Originally Posted by SunDevil2422

You think this is sustainable? Once stimulus money goes dry and people are leaving their house more often the flipping business will go stale.

I don't think that it's sustainable, even for the box hoarders. The only reason these hold their value is the fact that collectors want some of the cards in the box. With high box prices driving more and more collectors like me away from the hobby there will be nobody left to buy the cards.

Plus, as the careers of the 'hot' rookies play out and 99% of them don't live up to the hype those prices will crater. Just look at the history of the card market - even today you can pick up rookie cards of Hall-of-Famers for next to nothing.

[banosd]

Market it hot right now for unopened packs of anything, I was wondering how Heritage would go after increasing the print run so it has even less hits than it did before and the response has been sellouts everywhere. Even Opening Day which wasnt even supposed to have a retail version is selling out. GPK, Hockey, soccer, wrestling, racing.....anything in a pack.

I've overheard people saying they bought hockey but dont know who anybody is. Now is the time for Big Baller Brand to come in and print cards. LaVar Ball himself featured in a pack would sell out!

[Bronconation24]

Flippers are the absolute worst

[CowboyDan]

So what is the Target online restock day now? I know a month or so ago it seemed to be Tuesday, but then last week it was Wednesday. Is it just whatever day they feel like it?

[SunDevil2422]

Originally Posted by AstrosFan17

I don't think that it's sustainable, even for the box hoarders. The only reason these hold their value is the fact that collectors want some of the cards in the box. With high box prices driving more and more collectors like me away from the hobby there will be nobody left to buy the cards.

Plus, as the careers of the 'hot' rookies play out and 99% of them don't live up to the hype those prices will crater. Just look at the history of the card market - even today you can pick up rookie cards of Hall-of-Famers for next to nothing.

I agree completely. This is going to be short lived.