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KB Toys Inc.
KB Toys Announces Going-Out-of-Business Sale
January 11th, 2009
With just days left in the holiday buying season, KB Toys Inc., the nation's largest mall-based specialty toy retailer, announced that it will be closing its doors for good. On December 18, 2008, a Delaware bankruptcy court approved plans for the 86-year-old company to begin a nationwide Going-Out-of-Business sale for all of its 461 stores. KB Toys has lowered prices on its entire stock. Savings start at 40% off regular prices. All KB Toys, KB Toy Outlet, KB Toy Works, and KB Toys Holiday Stores nationwide are participating in this historic Going-Out-of-Business sale event, which is going on now. "While we are deeply saddened by the impending closing...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-11)
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