KB Toys files for bankruptcy

[Yzzim]

Maybe the government will bail them out?

I mean, kids need their toys just like adults need to fly.

 

[SoylentGreen]

I bought F-Zero for 20 bucks HA HA!

 

[Yzzim]

Originally posted by: Kiyup
I bought F-Zero for 20 bucks HA HA!

So did a bunch of people who shop at Circuit City.

 

[Sid59]

KB just needs to pack up and leave. they had a decent run.

 

[GoingUp]

Originally posted by: brtspears2
I never liked their selection and how their stores in the mall are usually trashed and understaffed.

 

[PoPPeR]

Originally posted by: TommyVercetti
I went there once looking for a domokun. Somehow I just couldn't find the right words to say "You know that dude who is chasing kittens and when you masturbate god kills a kitten". Didn't find it.

haha

 

[vegetation]

Originally posted by: Rob9874
And FAO Schwartz. What's going on? I think businesses resistant to change are starting to feel the ramifications of online competitors. Score 1 for consumers.

Kbtoys has been online for a long time with a very good online presence. Plus you can return the junk you bought online to any retail store, that's about as good as online shopping can get. But I have to agree with others here, they have too many small stores trashed up in high priced shopping malls staffed by morons who don't really care. I wonder if company executives even bother to walk into one of their stores for a surprise visit?

 

[IamElectro]

Originally posted by: dfi

Originally posted by: toekramp
so they are going bankrupt and not closing? weird...i guess i just don't understand how all of that works.

Reorganizing their debts, asking the courts to help them delay payments to creditors. Basically, just saying that they need some help and more time with paying all their debts.

dfi

This is also a way for them to get out of leases without penalty. They can close low volume stores that are not profiting.

 

[Corporate Thug]

its because of joker smokers deals...

 

[T2T III]

Originally posted by: DaveNCheez
good deals are why they are bankrupt 🙂

Naw. They probably had a bunch of greedy corporate folks who received high salaries, but made bad decisions.