KB Toys
K·B Toys (previously known as Kay Bee Toys) was a chain of mall-based retail toy stores in the United States. It was founded in 1922 by the Kaufman brothers. K·B operated 605 stores in 44 U.S. states, Puerto Rico as well as Guam. It was privately held in Pittsfield, Massachusetts. K·B Toys was owned by Melville Corporation (which was responsible for its CVS/Pharmacy chain), but that company sold it to Consolidated Stores in 1996. It was also the second-oldest operating toy retailer in North America (behind FAO Schwarz) before its demise.
Following the company's second bankruptcy in five years, the chain was liquidated beginning in December 2008. The sales were concluded on February 9, 2009. International retailer Toys "R" Us announced on September 4, 2009 that it had acquired the remains of K·B Toys, consisting mainly of its website, trademarks, and intellectual property rights.
Read more about KB Toys: Operations, Financial Trouble, Slogans
Famous quotes containing the word toys:
“If there is a species which is more maltreated than children, then it must be their toys, which they handle in an incredibly off-hand manner.... Toys are thus the end point in that long chain in which all the conditions of despotic high-handedness are in play which enchain beings one to another, from one species to another—cruel divinities to their sacrificial victims, from masters to slaves, from adults to children, and from children to their objects.”
—Jean Baudrillard (b. 1929)