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KB Toys
K·B Toys (also known as Kay Bee Toys) was an American chain of mall-based retail toy stores. The company was founded in 1922 as Kaufman Brothers, a wholesale candy store. The company opened a wholesale toy store in 1946, and ended its candy wholesales two years later to focus entirely on the toy industry. Retail sales began in the 1970s, under the name Kay-Bee Toy & Hobby. In 1999, the company operated 1,324 stores across the United States and was the second-largest toy retailer in the U.S., but it later declared bankruptcy in both 2004 and 2008 before going out of business on February 9, 2009. The company operated 461 stores at the time of its closure. International retailer Toys "R" Us acquired the remains of K·B Toys, consisting mainly of its website, trademarks, and intellectual property rights. Strategic Marks, a company that buys and revives defunct brands, purchased the brand in 2016, and planned to open new stores under the name beginning in 2019; plans for this revival ...
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Toy Store
A toy store or toy shop is a type of retail business specializing in selling toys. Notable examples * Hamleys, the world's oldest toy shop * Toys "R" Us, international company now Tru Kids * FAO Schwarz, famous American brand and store * The LEGO Store, official store for Legos * Build-A-Bear Workshop has the concept of making your own stuffed toy * Learning Express Toys, franchise of specialty toys *Smyths Toys Superstores History The first toy store was founded in 1760 by William Hamley in London, under the name of "Noah's Ark", later renamed to Hamleys. Set over seven floors, a Hamleys branch at 200 Regent Street in the West End of London opened in 1881. The famous toy store in New York City, FAO Schwarz, was founded under the name Schwarz Toy Bazaar. It was founded in 1862 by the German immigrant, Frederick August Otto Schwarz. The former largest toy retailer in the United States, Toys "R" Us, started business in 1948 by Charles Lazarus, a veteran of World War II. ...
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The Herald-Palladium
''The Herald-Palladium'' is a newspaper distributed in the Southwest Michigan region serving all or part of Berrien, Cass, Van Buren, and Allegan Counties. History The ''Herald-Palladium'' is a merger of many former local newspapers in the twin cities of Benton Harbor and St. Joseph, Michigan. ''Palladium'' predecessors ''Herald-Press'' The ''Herald-Press'' formed in 1916 in St. Joseph from the merger of two other newspapers: * ''The Evening Herald'' was the second venture of ''Palladium's'' founder, Leonard Merchant. In 1877 he moved to St. Joseph and bought an existing newspaper, ''The Traveler and Herald''. He changed its name to ''The St. Joseph Weekly Herald.'' Merchant brought his son, Leonard E. Merchant into the business. They sold it to Ephriam W. Moore around 1900, who turned it into a daily afternoon paper. * ''The St. Joseph Press'' was founded as a weekly newspaper in 1888. In 1905, Ephriam Moore's nephew, Joseph Brewer, bought it and turned it into a dai ...
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Public Offering
A public offering is the offering of securities of a company or a similar corporation to the public. Generally, the securities are to be listed on a stock exchange. In most jurisdictions, a public offering requires the issuing company to publish a prospectus detailing the terms and rights attached to the offered security, as well as information on the company itself and its finances. Many other regulatory requirements surround any public offering and they vary according to jurisdiction. The services of an underwriter are often used to conduct a public offering. Stock offering Initial public offering (IPO) is one type of public offering. Not all public offerings are IPOs. An IPO occurs only when a company offers its shares (not other securities) for the first time for public ownership and trading, an act making it a public company. However, public offerings are also made by already-listed companies. The company issues additional securities to the public, adding to those cu ...
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Share (finance)
In financial markets, a share is a unit of equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Valuation Shares are valued according to the various principles in different market ...
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CNNfn
CNNfn (fn = financial news) was an American cable television news network operated by the CNN subsidiary of the media conglomerate Time Warner from December 29, 1995, and of AOL Time Warner until December 15, 2004. The network was dedicated to covering financial markets and business news, similar to CNBC, TechTV and Bloomberg Television. It was available in a number of markets, including the U.S. and Australia. In Canada, much of its content was aired on ROB TV (now BNN). After years of struggling to attract an audience, Time Warner folded CNNfn in late 2004. On some U.S. cable television systems, its slot was given to CNN International on a full-time basis; previously, CNN International filled CNNfn's schedule in late nights and weekends. However, many cable companies ended their carriage of the channel and did not take CNN International, though it is available through the CNN website and mobile app with TV Everywhere credentials. CNN continues to maintain a business news ...
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EToys
EToy or EToys may refer to: * Etoy, Switzerland, a small town * Etoys (programming language), an educational programming language * eToys.com, a Dot-com era company/website * etoy, a conceptual art group * Electronic toys, typically built for and used by children * Educational toys Educational toys (sometimes also called "instructive toys") are objects of play, generally designed for children, which are expected to stimulate learning. They are often intended to meet an educational purpose such as helping a child develop ...
, typically built for and used by children {{disambig ...
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Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the United States and the fifth most populous state capital. It is the principal city of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the first city of the Front Range Urban Corridor. Denver is located in the Western United States, in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. Its downtown district is immediately east of the confluence of Cherry Creek and the South Platte River, approximately east of the foothills of the Rocky Mountains. It is named after James W. Denver, a governor of the Kansas Territory. It is nicknamed the ''Mile High City'' because its official elevation is exactly one mile () above sea level. The 105th meridian west ...
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Outlet Mall
An outlet store, factory outlet or factory shop is a brick and mortar or online store in which manufacturers sell their stock directly to the public. Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowing customers to watch the production process, such as in the original L.L. Bean store. In modern usage, outlet stores are typically manufacturer-branded stores such as Gap or Bon Worth grouped together in outlet malls. The invention of the factory outlet store is often credited to Harold Alfond, founder of the Dexter Shoe Company. History Outlets first appeared in the eastern United States in the 1930s. Factory stores started to offer damaged or excess goods to employees at a low price. After some time, the audience expanded to include non-employees. In 1936, Anderson-Little (a men's clothing brand) opened an outlet store independent of its existing factories. Until the 1970s, the primary purpose of outlet stores was to dispose of e ...
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Closeout (sale)
A closeout or clearance sale (closing down sale in the United Kingdom) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy. In the latter case, it is usually known as a going-out-of-business sale or liquidation sale, and is part of the process of liquidation. A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, often closures are from companies that can't sell their inventory, inventors whose ideas were not marketable, or businesses needing fast incoming cashflow to pay debts such as payroll or rent. A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the Unite ...
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Strip Mall
A strip mall, strip center or strip plaza is a type of shopping center common in North America where the stores are arranged in a row, with a sidewalk in front. Strip malls are typically developed as a unit and have large parking lots in front. Many of them face major traffic arterials and tend to be self-contained with few pedestrian connections to surrounding neighborhoods. Smaller strip malls may be called mini-malls, while larger ones may be called power centers or big box centers. In 2013, ''The New York Times'' reported that the United States had 65,840 strip malls. In 2020, ''The Wall Street Journal'' wrote that in the United States, despite the continuing retail apocalypse starting around 2010, investments and visitor numbers were increasing to strip malls. In the United Kingdom and Ireland, strip malls are called retail parks or retail outlets. They are usually located on the outskirts of most towns and cities, and serve as an alternative to the High Street in the ...
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Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the difficult and controversial decisions required to save or reposition the company. It generally involves financing debt, selling portions of the company to investors, and reorganizing or reducing operations. The basic nature of restructuring is a zero-s ...
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Circus World (store)
Circus World (originally Child's World) was a toy store chain started and operated by Sidney Rubin. The company was purchased and operated by Rite Aid beginning in 1982, and was later bought by Melville Corporation in 1990, when some of its stores were converted to Kay-Bee Toys. History Circus World, originally known as Child's World, was founded in Michigan in 1964, by engineer Sidney Rubin (born 1937), who served as the company president. Rubin was once a first baseman, and also worked as an army radar instructor before working as a systems analyst for Sperry Rand during the mid-1960s. Wanting to start a business in Detroit, Rubin realized that Michigan was ranked fourth in the United States in terms of youth population under 17 years of age. Rubin chose to begin a toy store company and began securing locations, followed by financial backing. The first store opened in 1964, in Warren, Michigan. Gilbert Companies Inc. (formerly Gilbert Shoe Stores Inc.), based in Colum ...
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