KB Toys announced that they are filing for bankrupcy and that "Going out of business" sales will begin quickly at the chain's 277 retail outlets, 40 larger KB Toy Works stores, and 114 outlet stores and all 30 temporary "holiday stores."
The WSJ says the liquidation was prompted by a 20% decrease in sales in the second half of this year.
The WSJ says the liquidation was prompted by a 20% decrease in sales in the second half of this year.
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