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  New CH.com Forum › Daily Chat › General Posts › KB Toys files for bankruptcy protection
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KB Toys files for bankruptcy protection (Read 301 times)
Garys_Girl
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KB Toys files for bankruptcy protection
Dec 11th, 2008 at 3:52pm  
Just FYI, for parents looking for discounts on toys for the kids this year, if there's a KB Toys near you... it just hit the tape at 3:33pm.

It appears they've been offering deals for a while - but may be liquidation prices/sales (though they've filed chapter 11, not chapter 7 - like with Circuit City and Linens 'N Things, it may come to that).

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« Last Edit: Dec 11th, 2008 at 3:53pm by Garys_Girl »  
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Garys_Girl
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Re: KB Toys files for bankruptcy protection
Reply #1 - Dec 11th, 2008 at 3:56pm  
Oh - it does say they're going to begin liquidating - it's just with Chap 11 vs Chap 7 they retain more control over the process.

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