Kay Bee Toys Files For Bankruptcy

Bombshell · Post by **Bombshell** » Wed Jan 14, 2004 6:36 pm

http://money.cnn.com/2004/01/14/news/co ... /index.htm

Sir Auros · Post by **Sir Auros** » Wed Jan 14, 2004 7:18 pm

Yep, my dad works at one of their online store warehouses and he saw it coming when they started phasing out videogame sales.

KillTheKids · Post by **KillTheKids** » Wed Jan 14, 2004 7:47 pm

Never really liked KB toys that much. Not much of a selection, and the prices are crazy ($11 for minicons!) I saw it coming.

Cyberstrike nTo · Post by **Cyberstrike nTo** » Wed Jan 14, 2004 9:59 pm

I guess that means no more KB TF exculisves

Transfannabeel · Post by **Transfannabeel** » Wed Jan 14, 2004 10:05 pm

Well their prices are more than most other stores.

RID Scourge · Post by **RID Scourge** » Wed Jan 14, 2004 10:27 pm

Wonder what toy store is going to replace them in Boston. There's literally no other major toy store. You have to go to the suburbs to find one. Come to think of it, the only major toy store in Massachusetts that I can name is Toys R Us. They're not much better. Their selection tends to suck, they seem to get everything last, and they never do get the good deals, like the GI v Cobra value packs that had two two-packs in them.

Sir Auros · Post by **Sir Auros** » Wed Jan 14, 2004 10:28 pm

Just because they filed for bankruptcy doesn't mean they're going out of business...Kmart filed 2 or 3 years ago...

RID Scourge · Post by **RID Scourge** » Wed Jan 14, 2004 10:33 pm

Well, lets hope they stick around, then.

Dead Man Wade · Post by **Dead Man Wade** » Wed Jan 14, 2004 10:51 pm

Originally posted by Sir Auros
Just because they filed for bankruptcy doesn't mean they're going out of business...Kmart filed 2 or 3 years ago...

Yeah, and they wound up closing millions of stores.

Sir Auros · Post by **Sir Auros** » Wed Jan 14, 2004 11:06 pm

Originally posted by fort_max
Yeah, and they wound up closing millions of stores.

Try hundreds or maybe thousands...I don't think any retailer or even restaurant chains has over a million locations...

Dead Man Wade · Post by **Dead Man Wade** » Thu Jan 15, 2004 12:49 am

Okay, "millions" was the wrong word. Typed without thinking.

However, last I heard, they had closed about fifty percent of their stores.

Gesani · Post by **Gesani** » Thu Jan 15, 2004 1:20 am

Oh well...Thers only 2 around me... ones a KB and the others a Kay Bee...only went there to look any way...

Grandmaster Shockwaeve · Thu Jan 15, 2004 8:55 am

I still go into KB to look for TFs despite the prices, but rarely end up buying anything... just today I found they drudged up some earlier Armada minicons, and I thought "Oh boy, Space Team at clearance prices"... turns out they were US $8.99 :rolleyes:

I'm not surprised they're following in FAO's steps...

King Fargo · Post by **King Fargo** » Thu Jan 15, 2004 9:01 am

Somehow I think that's not gonna effect all store exclusives that come to Australia either going to TRU or Target...

Gesani · Post by **Gesani** » Thu Jan 15, 2004 4:02 pm

I think its another ploy..... Right after K-Mart Declared Bankruptcy they close 100 sotres in the shouth east..most of which had other k-marts within 10 miles.. And of course everyone flocked to the stores thinking CLEARENCE!! but they didnt find much..two week no real restocking..and next thing you now they have most TF's before Wal*Mart now..and they seem to be making a slow comeback..

Dragon Warrior Steve · Thu Jan 15, 2004 4:14 pm

I'm not surprised, those stores just haven't been the same in a long time.

Sir Auros · Post by **Sir Auros** » Fri Jan 16, 2004 5:09 am

Originally posted by Gesani
I think its another ploy..... Right after K-Mart Declared Bankruptcy they close 100 sotres in the shouth east..most of which had other k-marts within 10 miles.. And of course everyone flocked to the stores thinking CLEARENCE!! but they didnt find much..two week no real restocking..and next thing you now they have most TF's before Wal*Mart now..and they seem to be making a slow comeback..

That's exactly what it is, few businesses file for bankruptcy and just go out of business like that. They file and then use the protection granted to rebuild and recoup.

Transfannabeel · Post by **Transfannabeel** » Sat Jan 17, 2004 12:16 am

while one of the kaybees here just closed down and nothing has replaced it.

Alpha Trion · Post by **Alpha Trion** » Wed Jan 21, 2004 11:02 pm

If KB charged decent prices I might have considered giving them more of my money, but I can't justify paying $15 for Demolishor when I can have him for $10 at the Target next door. I only bought TFs from KB if they were exclusive or if I just couldn't find them anywhere else because the prices were terrible.

KillTheKids · Post by **KillTheKids** » Thu Jan 22, 2004 12:00 am

Agreed. Its rediculous, Kay Bee is charging $11 for minicons, after markdown. Meanwhile, in the same mall, just a few stores down, I can get 2 packs for $10 at target.