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R.I.P.

Filed under: Business Blitz

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KB Toys announced today that they are going out of business.

Liquidation sales will begin at their stores immediately.

Including seasonal employees, over 10,500 people will be affected.

:-(

42 comments to “R.I.P.”



  1. 1

    :(



  2. 2

    I shop at " Toys 4 Twats".



  3. 3

    you suck perez.
    do your job.
    post about celebs and that's it!



  4. 4

    i was just thinking about KB yesterday. I used to love going there. It was smaller than Toys R' Us, but they always had what i wanted. Too bad. Another one bites the dust.



  5. 5

    bummer



  6. 6

    Sweet. I can get some deals outta that one!



  7. 7

    Miley Killed Culkin's Sister.



  8. 8

    Ouch….thats where i used to buy all my britney spears dolls…….
    .
    sad times….



  9. 9

    So sad all these people are losing their jobs! I have been desperately searching for a job in Scotland, I'm very qualified, and cannot find anything! The job market is horrible everywhere right now.



  10. 10

    our local kb closed like a decade ago



  11. 11

    These sure are hard times. :-(

  12. Wrenn says – reply to this


    12

    Thank you Mr. Bush!!

  13. MDT says – reply to this


    13

    Re: mama of 2 – Shut it!!! Some of us are interested in what else is happening in the world.



  14. 14

    That's crazy. My first ever job was as a seasonal employee at KB, so I feel bad for anyone who's gonna be hit with this.

  15. Jive says – reply to this


    15

    Damn, that's fucked up! RIP childhood….if Toys R Us goes under, bye-bye memories.

    Good thing I work for a telecom company…we're here to stay, bitches!



  16. 16

    Re: MDT – then go to cnn web site



  17. 17

    It's not fair!!!!
    That was like my favorite store in the world when I was 8.



  18. 18

    right on! that means better prices right before christmas.



  19. 19

    I know, I know, it's Bushs fault……nevermind……
    *
    * The LOW WAGES they pay…it's MINIMUM or nothing
    *
    *NO HEALTH, NO MEDICAL benefits, or SICK DAYS, NO VACATION time
    *
    *
    *And forget about all those TAINTED TOYS, they DON'T figure in
    *
    *
    but no worries boooooooooobama's on his way to NATIONALIZE ALL



  20. 20

    Yes! Haha yes!

    Signed,
    A disgruntled employee



  21. 21

    Welcome to the Barack Hussein Obama economy my friends. Enjoy it. You voted for it no live with it. No to fear. 1/20/12 is only 4 short years away



  22. 22

    That sucks! That was my first job when I was in HS! I loved KB Toys!



  23. 23

    Re: njpaul0129 – Hey you idiot….he's not even president yet. Dumbass sob. I think you're the one person I wouldn't mind inflicting pain upon….you moron.



  24. 24

    THIS IS OLD NEWS

    all the KB Toys in Los Angeles closed down YEARS AGO



  25. 25

    Oh, snap! Here we go again! But, I will check it out. I feel for the employees.

  26. Jive says – reply to this


    26

    "Welcome to the Barack Hussein Obama economy my friends. Enjoy it. You voted for it no live with it. No to fear. 1/20/12 is only 4 short years away "

    Get the hell out of the country then if you don't like it, troll. Jew Jersey should be bombed back to the Stone Age. God help this country if Sarah "Lipsticked Trollop" Palin runs in '12. I have a 5.62mm round w/ her name on it.



  27. 27

    kb, like many that you are posting, have been on brink for a long time. they have been closing stores for years. and half the stuff they carry is old-fine for younger kids who don't know the difference, but not for anyone above the age of 5. Perez, do you not remember what your blog is supposed to be-you know gossip. If I wanted an analysis of the economy and future outlook, I would be on msn money or some other station like that. People don't like reading depressing stuff all the time. alot of people came here to get away from everyday life.



  28. 28

    They've been hurting since the Clinton administration dumbass.



  29. 29

    KB has been in trouble and at least once in BK in the past decades. Perhaps you should use you jpournalistic skills to post companies that are hiring. I am sure you could find some if you tried. This layoff stuff just feeds a self-fullilling prophasy. See Truth According To T o m.

    Ps - You might look into Obama's tole in supporting the Illinois Governor over the years.

  30. breal says – reply to this


    30

    KB has been in trouble for some time. I used to buy all my Star Wars action figures there back in the day. After my grandpa retired from being a cop he got a job doing security for them. He used to work the mid atlantic coast and travel every week . They gave him a sweet Dodge K car and put him up in the shitiest motels money could buy.

  31. cdv says – reply to this


    31

    Im surprised they actually lasted this long. For years- KB charged more for their toys that sit on their shelves four years after products came out. The only reason they had success was because it was convenient for Mall Moms to make their kids happy after they would spend hundreds of dollars on themselves in Macy's.



  32. 32

    yeah, i saw the filing papers… they have a ton of assets and liabilities. my bf works for a company that ships their toys out of new jersey…I sent him the story and he was like "I need to find out where you got that info on because we work with them" so yeah, you probably helped a lot by posting this today.
    Thanks Perez!



  33. 33

    Re: mama of 2 – hey, I really appreciated this story. my bf works with these guys through transporting their goods…this story probably saved a lot of time. the bf probably wouldnt have found out within a few days if otherwise.



  34. 34

    Do kids play with toys anymore? Now it's all about computers, ipods and cell phones and sitting on the couch playing video games getting dumber and fatter and fatter and fatter.

  35. Niobe says – reply to this


    35

    Re: njpaul0129 – Funny, the man is not even the President , he is still President-Elect, and you Republicans are already blaming him, the last f*&ing 8 years meant nothing!! Stupid much?

  36. Niobe says – reply to this


    36

    Re: LordKain – Thank YOU!!!!!!!!!! I am so sick of people who can't look past their stupid ideology, and always search for an f#ing escape-goat. Give the man a chance to lead, s#it!! Goodridance! GWB!



  37. 37

    Pretty soon we'll only be able to buy toys at Walmart and Toys R Us. What a shame.



  38. 38

    i guess time got tough so long kb toys



  39. 39

    Couldn't have happened to a nicer country



  40. 40

    This sucks because it was the only toy store left in alot of malls including the one I go to. Now I'm gonna be going to just Toys R Us, Walmart, Kmart for toys. I knew they wouldn't stay open. They always had stuff on sale. I guess I'll have to swing thru for some Christmas sales!



  41. 41

    Most of them shut down in 2004. It was weird to see they hadn't all shut down yet. KB Toys was the best job I have ever had! Not because of money but the company was great and it was so much fun. RIP KB Toys! Damn economy this is so scary



  42. 42

    As a republican, I'm completely disgusted about the backlash towards Obama. Hell, HE didn't do a damn thing about this economy-I'm talking about the idiotic poster blaming him for KB toys downfall.

    Of course, we can't go by a person who can't even form a coherent paragraph.

    BTW- Democrat blasters- It's apparent that we need a democrat in office to clean up the layer of filth the bush administration has covered our Country with. Use your eyes. Our Country is falling apart. It's time we fixed it.

    As for KB Toys. At first I was thinking Damn! My children are in for a GREAT Christmas this year. Then I thought about how more of our fellow Americans- UNSKILLED employees at that, losing more jobs, and it just makes me so sad for them.