PROFILE |
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K-B Toys hopes toy buyers will take their haul from the mall. The company -- #3 in toys in the US (behind Wal-Mart and Toys "R" Us) -- operates 1,350 stores under four different formats: K-B Stores in malls, K-B Works in strip centers, K-B Toy Outlets in outlet malls, and K-B Toy Express in malls selling closeout toys during the Christmas season. Kbkids.com also sells toys online. Formerly a subsidiary of Big Lots (was Consolidated Stores), K-B Toys was taken private in late 2000 by its management and private equity firm Bain Capital. Although many shoppers have begun buying toys from big box retailers such as Wal-Mart, K-B Toys believes it can capitalize on its position as the dominant mall-based toy retailer.
COMPETITION |
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Target Corporation (TGT)
Toys ''R'' Us, Inc. (TOY)
Wal-Mart Stores, Inc. (WMT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2000 Sales (mil.): 1,766.50
Employees: 13,000
Revenue per employee: $135,884.62
KEY PEOPLE |
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Michael L. Glazer
CEO
Robert J. Feldman
CFO
CONTACT INFO |
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100 West St.
Pittsfield, MA 70201
US
Phone: 413-496-3000
Fax: 413-496-3616
Online: Web Site
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