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Thread: More Bankruptcy

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  1. #1
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    Default More Bankruptcy

    Another big company filed for Chapter 11 protection, so we have pulled their links. Their stores include etoys, kbtoys, Baby Universe, and MyTwinn.

    Nice to pull this right after Christmas so that they don't have to pay us for all of the sales that we sent them the last two months.

    http://investor.theparentcompany.com...leaseID=356190
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  2. #2
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    Sorry to hear...is it possible for you to file a POC if the $ is substantial? (Althought it's probably trying to get blood out of a turnip and you might be way down the chain.)
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    Quote Originally Posted by fourfoxesinpa View Post
    Sorry to hear...is it possible for you to file a POC if the $ is substantial? (Althought it's probably trying to get blood out of a turnip and you might be way down the chain.)
    I'm assuming that our networks that we work with probably would. But from what I have heard, when a merchant files BK, we are such a low priority that we don't stand a chance of getting anything.
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  4. #4
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    Yea, I bought my son a game for the wii back in November for Christmas from KB.....I guess I bought the wrong one,...he would rather have another game. The store would not let me return it, so now its on ebay.
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  5. #5
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    Guess they figured they would squeeze all the $$ they could. Pretty underhanded. They must have known this was coming. Sorry we got used.

    Question for you Tricia. Do you usually pull an advertiser when they file for bankruptcy or are closing?

    When I do a search many items from Linen's n Things come up. Click on it and most items are out of stock or unavailable. PITA to wade through all their stuff in a search. Aren't they closing in a day or 2?
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  6. #6
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    Our B&M L&T closed on Sunday...
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  7. #7
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    Quote Originally Posted by ~Kathie View Post
    Guess they figured they would squeeze all the $$ they could. Pretty underhanded. They must have known this was coming. Sorry we got used.

    Question for you Tricia. Do you usually pull an advertiser when they file for bankruptcy or are closing?

    When I do a search many items from Linen's n Things come up. Click on it and most items are out of stock or unavailable. PITA to wade through all their stuff in a search. Aren't they closing in a day or 2?
    Yeah. We should get official notice to close them soon. They are actually putting money aside for the affiliates (unlike the others that I already yanked).
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  8. #8
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    Quote Originally Posted by SunshineGirl View Post
    Another big company filed for Chapter 11 protection, so we have pulled their links. Their stores include etoys, kbtoys, Baby Universe, and MyTwinn.

    Nice to pull this right after Christmas so that they don't have to pay us for all of the sales that we sent them the last two months.

    http://investor.theparentcompany.com...leaseID=356190
    I'm not sure I totally understand - I think I bought something in the last 2 months thru KBToys, and saw the credit in my account. So if I saw credit in my account, I thot this would mean you had been paid. So I guess I don't know what you mean by they don't have to pay for the last 2 months of sales. Pardon my ignorance, I just don't know the ins and outs of all this!
    Anyway, it is too bad.


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  9. #9
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    Yeah our KB toys around here have had their signs up for at least 2 wks before Christmas that they were going out of business. Like Amy said I very rarely went in there maybe BF morning bc any other time they were way overpriced to begin with.
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