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Old Disney owns the disney store chain again..

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  #16  
Old 04-29-2008, 07:15 PM
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Dont they own the ones in the UK? Drat :P
  #17  
Old 04-29-2008, 08:16 PM
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They have always owned the Stores outside of the US. They are only reacquiring their North American stores that they haven't owned for a while.
  #18  
Old 04-29-2008, 09:08 PM
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This is what the wiki says, this may be a bit more helpful:

Quote:
Wiki

The Children's Place announced on March 20, 2008 that they were in talks to sell the Disney Store brand back to The Walt Disney Company, affecting two-thirds of the 335 stores currently operating in North America, with 115 expected to close after the proposed transaction is completed. This was further confirmed on March 21, 2008, when The Walt Disney Company officially stated that it was interested in buying back a portion of the stores, stating that the Disney Stores are "an important extension of the Disney brand" and that Disney believed a smaller chain "could add value to the Company in the promotion and monetization of its growing number of robust franchises". [2]

The Children's Place filed for Chapter 11 bankruptcy for Hoop Retail LLC, the Children's Place subsidiary which operates the Disney Store chain, on March 27, 2008. Negotiations with the Walt Disney Company are still underway, with a reported target turnover date for two-thirds of the existing Disney Store locations of May 1st, 2008. [3]. Although a proposed list of "remaining" stores has been made publicly available as a required part of bankruptcy proceedings, no decisions have yet been made regarding which stores will be included in the sale, and which will remain with Hoop and thus be closing as part of the bankruptcy.
  #19  
Old 04-29-2008, 09:25 PM
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So what prevents them from selling the VMK brand to another company, someone who will keep it open?

-Kit
  #20  
Old 04-29-2008, 10:15 PM
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Originally Posted by Kit View Post
So what prevents them from selling the VMK brand to another company, someone who will keep it open?

-Kit
Themselves.
  #21  
Old 05-03-2008, 04:04 AM
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Seven-week liquidation process starts on Monday for Disney Stores that are closing.

:-(
  #22  
Old 05-03-2008, 09:34 PM
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My local disney store is already in the process of closing. I found out today when I went to the mall. Disney is going down the drain fast with me.
  #23  
Old 05-03-2008, 09:37 PM
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Originally Posted by ladycop67 View Post
My local disney store is already in the process of closing. I found out today when I went to the mall. Disney is going down the drain fast with me.
Same with us, Lady...same with us.
  #24  
Old 05-04-2008, 03:31 PM
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Weird, I live in a small area, and I haven't heard a thing about it closing..
  #25  
Old 05-14-2008, 10:15 AM
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The Disney Outlet Store I visited on vacation (far, FAR away from the parks) had 40% off on top of all clearance items. $2.99 T-shirts! w00t
-Kit
  #26  
Old 05-14-2008, 12:12 PM
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So the Disney Store wasnt owned by disney and it was owned by children's place? weird... I go in both of those stores and I never knew that
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  #27  
Old 05-15-2008, 05:16 AM
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well disney is closing the disney store in the mall neer me it's sad my mom has been taking me there like since i was born oh well disney does not seem to care
  #28  
Old 05-15-2008, 05:21 AM
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Originally Posted by Jacques View Post

American companies cannot own land in Japan, so the Japanese-owned park "rents" the Disney likeness from the Walt Disney Company.
That's a nice intangible asset.....
  #29  
Old 05-22-2008, 09:38 PM
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The one near me closed when they sold the chain to begin with and I really miss the shopping!
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