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Thread: More Bankruptcy

  1. #1
    Join Date
    Apr 2007
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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
    Tricia
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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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  3. #3
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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.
    Tricia
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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.
    Pretty Dirty.

  5. #5
    Join Date
    May 2007
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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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    May 2007
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    I went to the outlet mall yesterday and noticed the KBtoys closing. I wondered what was up. That is not good for us!!
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  8. #8
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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).
    Tricia
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  9. #9
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    Quote Originally Posted by Candi View Post
    I went to the outlet mall yesterday and noticed the KBtoys closing. I wondered what was up. That is not good for us!!
    They actually OPENED a kbtoys in our mall right before Christmas and now they are closing all of their stores! I'm guessing it was a last minute way to get rid of some inventory?
    Debbie

  10. #10
    Join Date
    Sep 2007
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    A week before Christmas I noticed that KB Toys had up a "Store Closing" signs up, and they did at the Outlets also.

    April told me they were up for a couple weeks or so by then. I really didn't buy a lot of toys there. Target would always be lower, especially during clearance times!
    Amy

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