When Is Kay Bee Toys Opening Again
Welcome dorsum to the September installment of LRM's Retro-Specs! Imagine for a moment that it's the 80s and y'all are heading to the mall with your family. You're a kid so there are only a few stops yous want to actually make. For me, I knew I would exist going to stores with my mom such every bit JC Penny, Sears, and Lazarus. Outlasting these stores was always worth it as I knew I would be able to eventually become to the arcade and, my favorite, KB Toys!
Sure I dear going to Toys R Usa and Children'southward Palace, merely something about KB Toys feels more accessible. Mayhap it's because of their placement in a mall and then it is more likely families would become to a place that has something for anybody more often than a standalone toy store. Due to the rise of the internet and online shopping, the toy store chain meets its demise. Let'due south take a look back at the standout place in whatsoever mall: KB Toys.
Timeline
The idea of the well-known toy shop chain goes dorsum to the 1940s. Candy business brothers Donald and Richard Kaufman decide by 1948 that their toy visitor is successful enough to leave the candy business behind. Past 1973 the company dons the name Kay-Bee Toy & Hobby having 26 stores. In 1981 is when the shop begins to really explode when they are bought by Melville Inc. and have 210 locations. From 1982-1991 they acquire Toy World (52 stores), Circus World (330 stores), and K&Grand Toys (133 stores).
By the mid 90s, Kay Bee Toys expands their mall locations and adds free-standing locations. Here is where they go direct competitors to the toy store giants such equally Toys R US. They stop upwards making sales from $one.1 – $1.6 billion annually! In 1998, the logo changes to KB and their website, KBkids.com, premiers. All seems well for the toy store chain. Unfortunately, this is the rise earlier the fall (more on this later).
Why It's Awesome
Obviously the best part of every toy store are the toys. However, there is something else I always institute so intriguing almost toy stores growing up. Information technology may audio odd, but the layouts of the stores are something that I tin specifically recollect. KB Toys is no exception. Of course depending on the shop the layouts will slightly differ, but the full general idea is the same. I would go through a bulk of the aisles, but there is always going to exist that 1 seemingly catered just for you.
For me, the video games were housed behind the cashier of course. Some of the newer, larger toys are near the front. Only my main priority is the aisle that was the 2d from the correct at the store I would frequent. It houses the likes of TMNT, Super Powers, He-Human, X-Men, etc. The subconscious gems such as Army Ants, M.UsC.L.Eastward., Battle Beasts, Supernaturals, Visionairies, Dino Riders, G.A.Southward.K., etc. are found here too.
What sets KB Toys apart from the other, larger chains is that due to its smaller size you always have an attendant close by to ask your millions of questions to (much of which they probably didn't know since many were probably in loftier school trying to make some money). At the larger bondage you would have to walk effectually trying to find someone if you had a specific question (first globe kid "problems"). The reason why I atomic number 82 with this is because I was always more prone to ask questions at KB toys. About what? My other favorite office.
Before the net nosotros had minimal ideas of when new toys would be coming out. Advert was proficient, but general. For instance, a new TMNT character could be coming out, but a flier may show the typical turtles and display their price. I e'er looked forward to the backs of the boxes. This is when you could observe new lines that were coming out. You may non know exactly when, only it does provide an indication that they are heading your way!
This is where I would utilize my questioning for the KB Toys workers. At times they did have some of the within runway. Really, this perk was more than of convenience. I would notwithstanding scour the larger stores to discover someone to enquire (I was that annoying child). Afterward getting my fix from my alley, I would peruse the other four or five aisles quickly at the urgency of my family wanting to leave.
The blueish and red colors makes the store stick out not merely from walking by exterior, just when you lot are within KB toys likewise. It is a world of its own. The anticipation of checking the newspaper fliers seeing commercials leads to a pocket-sized feeling of Christmas morning time when eventually budgeted the store.
Information technology'due south Downfall
Similar the other big name toy stores, the rise of online shopping is a main cause for the sorry downfall of the visitor. Nevertheless, there are other reasons that accompany this. In 2000 the visitor comes under the control of Bain Capital LLC. Between 2000-2007 the company struggles to stay afloat. In 2004 KB Toys files for bankruptcy protection and closes 600 stores and lays off over $3000 workers. As this trend continues, the company takes 200 stores in 2008 and announces they will exist a value shop with toys $10 or less.
Equally the visitor is in decline, the recession but magnifies the issues. On December 11, 2008, KB Toys liquidates their assets while filing for defalcation. The moving forces of the recession and online shopping becomes crippling for the once toy store giants.
Don't Call It A Comeback?
For those who love nostalgia, like myself, the endmost of Children'south Palace, KB Toys, and Toys R Us was truly sorry. Endmost them likewise closed the door on parts of our childhood. While Toys R The states grasped at their last harbinger and eventually had to close, KB Toys raised our spirits, if only for them to be crushed again…While Toys R Us closes in June of 2018, KB Toys reveals they will be opening pop-upwards stores in time for the holidays of the same yr.
Excitement ensues, but would be brusk-lived. Ellia Kassoff was the CEO of Foliage Brands and Strategic Marks, LLC. In 2022 he is the owner of the KB Toys trademark. At that place are promises that grand pop-upwardly stores will exist added, withal the holidays pass without this merits condign a reality. While it is initially touted that malls are bankroll the concept, the lack of follow through is due to a lack of funding.
According to Kasoff:
"The toy companies had lots of conflicts of interest that prevented them from investing in KB given that they sell to other retailers, and mall operators don't typically invest in prospective tenants. It is taking a while to get this done and build out a strategy. Once we get the money together, we will be off and running."
The coin never comes. Unfortunately, there is much more bark than bite and nosotros find disappointment yet again. There is however whispers that the reemergence of KB Toys, and other since defunct store chains, could come dorsum to life. I'm not holding my breath though.
ALSO Encounter: Move Over Toy's R Us For The Real Toy Shop: Children's Palace I LRM Retro-Specs
Did yous have a KB Toys near by? What is your favorite retentiveness from the store? How do you rank the store against the other big toy stores? Leave your thoughts in the usual spot, and cheers for reading!
Sources: Chicago Tribune , Fall River Reporter , CB , The Toy Volume
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