
Kb Toys
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- As recent as 2004, KB Toys was the nations largest mall and internet-based toy retailerwith 1,300 stores in 50 states (plus Guam and Puerto Rico), over 20,000 employees and nearly $2billion in annual sales. Owned by Bain Capital and facing a liquidity crunch, KB Toys filed voluntary petitions for bankruptcy in 2004. With a new private-equity sponsor (Prentice Capital Management) and a new credit facility (General Electric), KB Toys emerged from bankruptcy in August 2005. The Company embarked on an aggressive turnaround period, through which the Company shed unproductive assets and focused on increasing margin (300bps improvement in one year). In 2008, the Company was on target for positive EBITDA until the late fallwhen the credit crunch and a sudden and insurmountable dive in consumer spending combined to force a second Chapter 11 filing in December 2008. KB Toys, currently a Chapter 11 debtor, is in the process of liquidating its assets.
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Headquarters:395 North Street , Pittsfield, Massachusetts, United States
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Phone Number:
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Website: https://www.kbtoys.com
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Employees:129
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Revenue:$50 - 100M
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Legal Name:Kb Toys
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Kb Toys's Social Media
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| NAICS Code: 236115 |
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Frequently Asked Questions regarding Kb Toys
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Where are Kb Toys's Headquarters?
Kb Toys's Headquarters are in 395 North Street ,Pittsfield,Massachusetts,United States
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What is Kb Toys's official website?
Kb Toys's official website is https://www.kbtoys.com
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What is Kb Toys's Revenue?
Kb Toys's revenue is $50 - 100M
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What is Kb Toys's NAICS code?
Kb Toys's NAICS code is 236115
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How many employees are working in Kb Toys
Kb Toys has 129 employees
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What is Kb Toys's Industry?
Kb Toys is in the industry of Retail
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Who is Kb Toys's President?
Kb Toys's President is Mike Mcgovern
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Who is Kb Toys's Owner?
Kb Toys's Owner is Ann Page