It's The End for KB Toys

The end of this year has seen a constant stream of bad news for retail stores and manufacturers, and unfortunately the doll and toy industry is not immune. In a move that will surprise very few people watching the toy industry (and which will not surpise any of my readers following the recent comments to my blog on the initial KB Toys bankruptcy), KB Toys has again filed for Chapter 11 and will immediately start liquidating all of its remaining stores. Even though KB Toys has only been a shadow of its former self since the initial bankruptcy, it is still sad to see another major chain of toy stores (with 11,000 employeess) bite the dust. For more information, read KB Toys Succumbs to Holiday Slump in the New York Times.