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




MORE Miscellaneous NEWS & UPDATES

08:05 PM - 2015.03.30
06:24 PM - 2015.03.27
07:47 AM - 2015.03.25
02:19 PM - 2015.03.23
01:45 PM - 2015.03.23
09:06 AM - 2015.03.20
02:06 PM - 2015.03.19
10:40 AM - 2015.03.18
02:52 PM - 2015.03.16
01:40 PM - 2015.03.13








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
Comics
Classifieds
Entertainment
 
Marvel
Podcasts
Star Wars
Transformers
Links
Support
This site and content are copyright © 2015 Entertainment News International - All other rights revert to their lawful owners
This website is provided for the general public as an information and entertainment resource. If you feel this site has infringed on your legal rights, please contact us