Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Lights Out At Child World


In Business This Week

LIGHTS OUT AT CHILD WORLD

Toy retailer Child World is shutting its doors for good. On Aug. 4, Chairman John Devine said he'll close the toy supermarket's 71 remaining stores in early September. The move comes after merger talks with Lionel broke down and bankers refused requests for loans. Devine, a former top Toys 'R' Us executive, was brought in last year by new owners to rescue the retailer after a disastrous 1990 Christmas. Last year's Christmas sales again came in well below expectations, and Child World sought Chapter 11 protection in May.EDITED BY HARRIS COLLINGWOOD


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus