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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 emphasize its toy products. Retail sales began during the 1970s, using 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 began to struggle in the early 21st century, declaring 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 using the name begi ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Eastern United States
The Eastern United States, often abbreviated as simply the East, is a macroregion of the United States located to the east of the Mississippi River. It includes 17–26 states and Washington, D.C., the national capital. As of 2011, the Eastern United States had an estimated population exceeding 179 million, representing the majority (over 58 percent) of the total U.S. population. The three most populous cities in the Eastern United States are New York City, Chicago, and Philadelphia. Northeastern United States According to the United States Census Bureau, U.S. Census Bureau, the Northeastern United States comprises nine states, including (north to south): Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New Jersey, New York (state), New York, and Pennsylvania. The present-day Northeast is significantly smaller than the Northeastern Woodlands cultural area. The pre-Columbian Northeast had three major areas: the Coastal area, Saint Lawrence Lowlands, and ...
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Share (finance)
In finance, financial markets, a share (sometimes referred to as stock or Equity (finance), equity) is a unit of Equity (finance), equity ownership in the Stock, capital stock of a corporation. It 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 expresses 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 Financial capital, 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. Terminology ...
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CNNfn
CNNfn (with "fn" an initialism for "financial network") 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 information 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 ...
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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. Educational Toys help with motivation, helping kids use their imagination while still pulling in the real world. These toys are imp ...
, typically built for and used by children {{disambig ...
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Denver
Denver ( ) is a List of municipalities in Colorado#Consolidated city and county, consolidated city and county, the List of capitals in the United States, capital and List of municipalities in Colorado, most populous city of the U.S. state of Colorado. It is located in the Western United States, in the South Platte River, South Platte River Valley on the western edge of the High Plains (United States), High Plains east of the Front Range of the Rocky Mountains. With a population of 715,522 as of the 2020 United States census, 2020 census, a 19.22% increase since 2010 United States census, 2010, Denver is the List of United States cities by population, 19th most populous city in the United States and the fifth most populous state capital. Denver is the principal city of the Denver metropolitan area, Denver Metropolitan area (which includes over 3 million people), as well as the economic and cultural center of the broader Front Range Urban Corridor, Front Range, home to more than ...
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Outlet Mall
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock, Closeout (sale), closeout, Product return, returned, factory seconds, or lower-quality versions manufactured specifically for outlets. 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 (clothing retailer), Gap or Bon Worth grouped together in outlet Shopping mall, 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 exc ...
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Closeout (sale)
A closeout or clearance sale (also called a closing down sale in the United Kingdom) is a discounts and allowances, 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, closures are often from companies that cannot sell their inventory, inventors whose ideas were not marketable, and 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 clo ...
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Strip Mall
A strip mall, strip center, strip plaza or simply plaza is a type of shopping mall, shopping center common in North America and Australia where the stores are arranged in a row, with a footpath in front. Strip malls are typically developed as a unit and have large parking lots in front. Many of them face major traffic arterial road, 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 center (retail), 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 that started in around 2010, investments and visitor numbers were increasing to strip malls. In 2024 the number of strip malls in the United States had grown to more than 68,000 nationwide. In the United Kingdom and Ire ...
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Restructuring
Restructuring or Reframing 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's details and negotiations. It may also be done by a newly-hired CEO 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 restr ...
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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 Columbus, ...
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The Daily Journal (New Jersey)
''The Daily Journal'' is a newspaper printed in Vineland, New Jersey from Monday to Saturday. It is distributed throughout most of Cumberland County in Southern New Jersey. Its main competitors are ''The Philadelphia Inquirer'', the '' Courier Post'' and ''The Press of Atlantic City''. The main focus is on communities in and around Vineland and Millville. History The first daily paper published in Vineland, New Jersey, ''The Daily Journal'' was established on June 7, 1875, by W.E. Cansdell, 14 years after Vineland's founding. A part of local history almost from the beginning, the original paper consisted of four pages with a yearly subscription rate of $2. During the same year of ''The Daily Journal''s birth, the death of an editor at another local paper, ''The Vineland Independent'', made headlines all over the northeast. Max Leuchter and his wife, Cecelia Bass Leuchter founded ''The Vineland Times'' and merged it with ''The Vineland Journal'' in 1942. The Leuchter family so ...
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