| Business Summary | | Play
Co.
Toys
&
Entertainment
Corp.
owns
and
operates
retail
stores
that
sell
educational,
specialty,
collectible,
and
traditional
toys.
The
Company
also
owns
a
majority
interest
in
a
subsidiary,
Toys
International.COM,
Inc.,
which
is
in
the
same
line
of
business,
with
the
addition
of
e-commerce
operations.
Toys
International.COM
has
a
wholly
owned
foreign
subsidiary
in
Germany,
Toys
International.de
GmbH,
which
operates
a
German-language
e-commerce
website.
The
Company
had
38
stores
located
in
12
states
as
of
November
2000.
The
Company's
retail
stores,
which
are
located
in
resorts,
high-traffic
malls,
and
strip
centers,
operate
under
the
names
Play
Co.
Toys,
Toys
International,
and
Toy
Co.
In
March
2001,
the
Company
filed
for
protection
under
Chapter
11
of
the
United
States
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Play
Co.
Toys
and
Entertainment
Corp.
is
a
retailer
of
educational,
specialty,
collectible
and
traditional
toys
and
hobby
products.
As
of
11/00
the
Co.
operated
38
stores
located
in
12
states.
For
the
nine
months
ended
12/31/00,
net
sales
rose
15%
to
$35.3
million.
Net
loss
applicable
to
Common
before
extraordinary
item
rose
42%
to
$8.2
million.
Revenues
reflect
the
opening
of
new
stores.
Higher
loss
reflects
increased
rent
and
payroll
and
related
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Harold Rashbaum, 73 Chairman | -- | Richard Brady, 48 CEO,
Pres, | $189K | James Frakes, 43 CFO,
Sec., | 114K | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|