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ChasHawk
New member
Don't know if this has been posted yet, but it looks to have a huge effect hobby-wide.
http://thebackstop.net/toppsbrickmortar.html
http://thebackstop.net/toppsbrickmortar.html
MAY 8th 2009
As you are well aware, the recent economic downturn has put strains on the trading card industry. All segments within our category have been negatively affected. During the past six months, Topps has put in place significant cost cutting programs that have impacted every area of our business in order to be prepared for the challenges ahead. While these changes were difficult to make, they were necessary in order for us to continue to meet our commitments.
In conjunction with our recent organizational changes, it is necessary for us to change our distribution model as well. Effective immediately, Topps will sell Hobby products directly to only authorized Topps Hobby Distributors and Topps Home Team Advantage Stores. All direct shipments to other distributors and non-HTA accounts will be suspended indefinitely. Each account affected by this change will receive a letter stating this announcement and will be encouraged to contact an authorized Topps Hobby Distributor or Topps Home Team Advantage Store to obtain future products.
We hope that you appreciate that these changes are necessary for Topps to continue to provide quality products.
Regards,
The Topps Company, Inc.