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/ Technology
Toys ‘R’ Us acquires KBToys.com
Though details such as the purchase price were not disclosed, Toys ‘R’ Us was the winning bidder for KBToys.com and its related e-commerce assets. It`s the third major purchase of an auctioned retail brand by Toys ‘R’ Us this year.
Posted 09/04/2009Katie DeatschPost a comment
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/ E-Retailers
Eddie Bauer files for bankruptcy
Eddie Bauer Holdings Inc. is the latest big name retail brand to file for bankruptcy. The retailer filed for Chapter 11 Wednesday and plans to sell its assets for $202 million to CCMP Capital Advisors LLC, a private equity firm.
Posted 06/18/2009Paul DemeryPost a comment
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/ Technology
Toys ‘R’ Us purchases venerable toy retailer FAO Schwarz
Toys ‘R’ Us has bought FAO Schwarz, a multichannel retailer best known for its lavish toy emporium on Fifth Avenue in New York City. Toys ‘R’ Us says it will operate FAO Schwarz as a separate brand. The companies did not reveal a purchase price.
Posted 05/28/2009Katie DeatschPost a comment
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/ Technology
Home Décor files for bankruptcy
Home Décor Products filed for Chapter 7 today in the U.S Bankruptcy Court of New Jersey and asked a judge for permission to liquidate. The e-retailer of home furnishings owes its 20 largest creditors $2.84 million, the Chapter 7 filing says.
Posted 03/30/2009Katie DeatschPost a comment
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/ Technology
Ritz Camera goes bankrupt, but it’s business as usual for Ritz Interactive
Ritz Camera Centers Inc. has filed for bankruptcy, but any impact on online retailer Ritz Interactive is minimal, says chief marketing officer Andre Brysha.
Posted 02/23/2009Katie DeatschPost a comment
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/ E-Retailers
It’s game over for KB Toys stores, but business as usual online
For the second time in four years KB Toys Inc. is filing for bankruptcy and closing stores. It remains business as usual for KBToys.com, which is operated under a long term licensing agreement by The Parent Co.
Posted 12/12/2008Katie DeatschPost a comment
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/ Technology
The Parent Co. plans a new toys shopping portal just in time for Christmas
With $25 million in new financing, The Parent Co. is looking for new ways to diversify, beginning with toys. Up next for Christmas: Toys.com, a toys comparison shopping and content site.
Posted 07/16/2008Mark BrohanPost a comment
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/ Technology
JDA Software reports Q3 software revenue up 70% year-over-year
Total revenue at JDA Software Group grew 10.5% year-over-year to $55.6 million for the third quarter ended Sept. 30, while software revenue increased 70.6% to $17.4 million, the maker of retail demand chain software said.
Posted 10/25/2005Kurt PetersPost a comment
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/ E-Retailers
eToys Direct targets $100 million in first profitable year
The eToys brand is alive and well, having re-emerged as a toy retailer and services provider with expected first-year sales of $100 million. “We expect to be profitable this year,” eToys Direct CEO Mike Wagner says.
Posted 01/07/2005Kurt PetersPost a comment
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/ Technology
How eToys keeps up site performance as sales rise 34%
Even though sales on eToys.com rose 34% year-to-year on Nov. 26, the retailer maintained site performance through steps such as limiting page weights to under 200 kilobytes, eToys says.
Posted 12/02/2004Kurt PetersPost a comment
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