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Tower Hobbies closing next week?

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Old 07-12-2018, 03:03 PM
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gregandhollie
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Default Tower Hobbies closing next week?

I just came from my local hobby shop and the owner told me Tower's website and all phone lines are to be turned off on July 19th, a week from today. This is contrary to what was said a month ago by Horizon but I know things change.

Tower Hobbies will continue to be Tower Hobbies. Customers will see fill rates improve and much less ‘out of stock’. Customers will also see some Horizon brands and products for the first time on Tower. We are committed to maintaining the shopping experience the Tower Hobbies customer has become accustomed to while improving the selection of products.
I'm not sure if the hobby shop owner had non-public information or was just mistaken? Has anybody else heard anything like this?
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Old 07-12-2018, 04:52 PM
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He probably was saying "great planes" distributing was shutting down,, Great Planes supplied hobby shops with inventory from Hobbico,,, Tower is/was Hobbico's internet retailer
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Old 07-12-2018, 04:59 PM
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He specifically said Tower a handful of times. I put an order in at Tower for some stuff last night and they didn't have the props I needed so I went by the hobby shop hoping they would. He orders much of his stock from Tower and we were specifically talking about them and their lack of stock, he said the backorders/on order status/etc on the products was because they aren't getting any more product and 'everything will go dark' next week.
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Old 07-12-2018, 06:09 PM
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I also think he meant the distribution side of things and I think the Tower name will be around for a while even though they will just be a face for Horizon.
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Old 07-13-2018, 05:21 AM
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I don't think Horizon would pay 18 Million for it just to shut it down, it just doesn't make sense.
At any rate the 19th is next Thursday so we don't have long to wait & see.
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Old 07-13-2018, 08:11 AM
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No, it doesn't make sense to shut it down to me. He said Horizon didn't think they would actually win the auction and weren't actually prepared to take over the company.

Looking at Tower's site and social media they don't look like a company that plans to disappear in six days.
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Old 07-13-2018, 10:13 AM
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I would think Horizon's expense of running Tower would be mainly keeping the website up and whatever Hobbico employees they keep.
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Old 07-13-2018, 12:18 PM
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I just got an email with coupon codes and specials.

Anything is possible but I'm chalking this one up to fake news
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Old 07-13-2018, 01:52 PM
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I think the dealer side is closing,, I'm not sure but maybe Tower processed the dealer orders, that's where the confusion lies.

Horizon has made it clear Tower as an internet retailer is staying open,, if not why would they have bothered adding Horizon brands to the Tower site,,
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Old 07-13-2018, 04:29 PM
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Great Planes is closing July 19th. GP was the distributor side io Hobbico. Horizon bought Hobbico to get the Tower website and they just added Spektrum radios. Tower is not closing.
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Old Today, 04:25 AM
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Originally Posted by TinyTrains View Post
Great Planes is closing July 19th. GP was the distributor side io Hobbico. Horizon bought Hobbico to get the Tower website and they just added Spektrum radios. Tower is not closing.
...and there ya have it.....



Originally Posted by scale only 4 me View Post
I think the dealer side is closing,, I'm not sure but maybe Tower processed the dealer orders, that's where the confusion lies.

Horizon has made it clear Tower as an internet retailer is staying open,, if not why would they have bothered adding Horizon brands to the Tower site,,
Dealer orders were processed through Great Planes Model Distributing, though AFAIK they were fulfilled from the same warehouses. When I worked for the LHS, GPMD wouldn't even acknowledge that Tower was part of the same company.
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