Ultimate Action Figure News and Reviews Source for DC Comics, GI Joe, Marvel, MOTU, Star Wars, Transformers and All Your Favorite Classic Toys Every Day

ALL Toy Fair 2015 DC Comics GI Joe Marvel MOTU Star Wars Transformers Customs Reviews Buy / Sell Forums
 
facebook twitter RSS
 

KB Toys Files For Chapter 11 Bankruptcy Protection & To Close Stores

Miscellaneous: Jay Cochran - 2008.12.11
Bad economic times continue to impact the toy world today as KB Toys retailer has filed for Chapter 11 bankruptcy protection and will begin closing its retail stores.

KB intends to close its retail stores consisting of 277 shopping mall locations, 114 outlets, 40 KB Toy Works stores, and 30 holiday stores and sell its wholesale distribution business.

According to the New York Times, representatives of KB said that these actions are due to "a sudden and sharp decline in consumer sales due to macro-economic concerns,"

Look for going out-of-business sales to start immediately.


Source: Berkshireeagle


last 10 shown - scroll to view more   Member Comments

nonameshmo30
2008-12-16
6:26 pm

[quote name='BigBearJahlon' post='16523140' date='Dec 16 2008, 01:24 PM']The news is really bad, especially since they were the ones that help me me find the Mortal Kombat figs I needed, adn they just in cases of at least 2 waves of the DCUC . Sad days for us all. Even worse for the workers.... read more 
BigBearJahlon
2008-12-16
6:24 pm

The news is really bad, especially since they were the ones that help me me find the Mortal Kombat figs I needed, adn they just in cases of at least 2 waves of the DCUC . Sad days for us all. Even worse for the workers. I pray for their families in this holiday season. 
CaptainTriumph
2008-12-16
2:29 pm

[quote name='nonameshmo30' post='16522988' date='Dec 15 2008, 09:57 PM']I got my G1 prime at sears which I still have Best stores and Sears used to be the place to get toys when I was a kid...along with Kiddie City. 
nonameshmo30
2008-12-16
2:57 am

I got my G1 prime at sears which I still have 
Cthulhu5k
2008-12-16
12:18 am

[quote name='BigBot84' post='16522907' date='Dec 15 2008, 07:35 PM']Went today, they didn't get any DC figures in. It happens. No worries.  
degra
2008-12-15
11:53 pm

[quote name='Wheeljack35' post='16522656' date='Dec 14 2008, 04:31 PM'][quote name='Ares6009' post='16521911' date='Dec 11 2008, 06:27 PM']Truly a pity - they are now going the way of Child World and the like. I miss Child World That were I got most of my G1's I miss Toys Pl... read more 
BigBot84
2008-12-15
11:35 pm

Went today, they didn't get any DC figures in. 
Wheeljack35
2008-12-14
8:31 pm

[quote name='Ares6009' post='16521911' date='Dec 11 2008, 06:27 PM']Actually, this has been coming for a while now. Over the past few years, they have been closing one store after another on CT, pretty much cutting down dramatically on the territory they were able to cover. I think they only hav... read more 
Cthulhu5k
2008-12-14
7:38 pm

[quote name='BigBot84' post='16522611' date='Dec 14 2008, 01:04 PM'][quote name='Cthulhu5k' post='16522608' date='Dec 14 2008, 10:39 AM']Just curious: has anybody found any of the Series 4 exclusives since KB announced their bankruptcy? If anybody with a kind heart could help out that woul... read more 
Nightwing4984
2008-12-14
7:25 pm

its funny kb has to go out of business for them to get decent prices on anything they are bankrupt because they always charge more than any other store does. the only thing i have found kb good for is finding old toys that aren't in tru or walmart anymore i have found toys that have been off th... read more 
»  Read ALL Forums Posts & Replies
»  Post a Comment on This Story!  (ENI Membership Required)



MORE Miscellaneous NEWS & UPDATES

Rebor Savage Ceratosaurus Dentisulcatus 1:35 Scale Dinosaur Statue Review

Rebor Savage Ceratosaurus Dentisulcatus 1:35 Scale Dinosaur Statue Review

Rebor Savage Ceratosaurus Dentisulcatus 1:35 Scale Dinosaur Statue Review









ALL Toy Fair 2015 DC Comics GI Joe Marvel MOTU Star Wars Transformers Customs Reviews Buy / Sell Forums

ENI
About
Entertainment News International (ENI) is the popular culture network for fans all around the world. Get the scoop on all the popular comics, games, movies, toys, and more every day!
Sites
Action Figures
Classifieds
Entertainment
Marvel
 
Podcasts
Star Wars
Superheroes
Transformers
Links
Support
© 2015 Entertainment News International - All images, trademarks, logos, video, brands and images used on this website are registered trademarks of their respective companies and or owners. All Rights Reserved. Data has been shared for news reporting purposes only. All content sourced by fans, online websites, and or other fan community sources. Entertainment News International is not responsible for reporting errors, inaccuracies, omissions, and or other liablities related to news shared here. We do our best to keep tabs on infringements. If some of your content was shared by accident. To have it removed right away, please [ Contact Us ].