Commercial Real Estate tic.............tic,,, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Commercial Real Estate tic.............tic,,,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Smiling Bob	12/11/2008 1:35:55 PM
	Read Replies (1) of 442

Big mall presence --- Retailer KB Toys files for bankruptcy protection KB Toys files for Chapter 11 bankruptcy protection for second time in 4 years * Thursday December 11, 2008, 1:04 pm EST * Yahoo! Buzz * Print NEW YORK (AP) -- KB Toys has filed for bankruptcy protection for the second time in four years, joining fellow retailers Linens N Things and Steve & Barry's in seeking Chapter 11 protection amid weak sales linked to the economic recession. The Pittsfield, Mass.-based retailer filed in the U.S. Bankruptcy Court in Delaware, reporting total debt between $100 million and $500 million and total assets in the same range. Like most other retailers this holiday season, the toy seller had aggressively cut prices to entice cash-strapped shoppers, offering hundreds of toys for $10 or less. KB Toys filed for bankruptcy in 2004 and emerged nearly two years later as a subsidiary of investment firm Prentice Capital Management. The more than 80-year-old company operates 460 store

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next