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Child World Inc

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NEWS
November 22, 1988 | Associated Press
A "Mickey's Motorboat" toy is being recalled because its wind-up propeller could be pulled off and cause a child to choke, the Consumer Product Safety Commission said Monday. The 6-inch-long plastic boat, with figures of Goofy, Donald Duck and Cap'n Mickey Mouse, is made by Child World Inc. of Avon, Mass.
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BUSINESS
June 12, 1992 | From Times Staff and Wire Reports
Child World Confirms Talks With Lionel: Child World, the third-largest chain of toy stores in the country, said it is negotiating with Lionel Corp. about a merger. Child World will close its 71 stores "within a short time" if an agreement cannot be reached, spokesman Gregory William Miller said. That would eliminate about 4,000 full- and part-time jobs. The company has already closed 54 stores.
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BUSINESS
May 8, 1992
No. 2 Toy Retail Chain Files for Bankruptcy: Child World Inc. filed for bankruptcy and said it will lay off 1,500 workers as a result of store closures. The company made its petition to the U.S. Bankruptcy Court in White Plains, N.Y. Under Chapter 11, a company is granted protection from creditors while it restructures operations. Child World also announced that it would close 54 of its 125 Child World and Children's Palace branches, primarily in the Midwest and South.
BUSINESS
May 8, 1992
No. 2 Toy Retail Chain Files for Bankruptcy: Child World Inc. filed for bankruptcy and said it will lay off 1,500 workers as a result of store closures. The company made its petition to the U.S. Bankruptcy Court in White Plains, N.Y. Under Chapter 11, a company is granted protection from creditors while it restructures operations. Child World also announced that it would close 54 of its 125 Child World and Children's Palace branches, primarily in the Midwest and South.
BUSINESS
July 31, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
Trefoil Capital Investors, a Burbank partnership recently formed by Roy E. Disney's Shamrock Holdings Inc. to invest in ailing companies, said Monday that it has agreed to buy toy retailer Child World Inc. in a two-step transaction. Trefoil would first acquire the 82% stake in Child World that is owned by debt-laden CNC Holding Corp., a Cleveland-based retail concern, in exchange for assuming an undisclosed amount of CNC's debt, said Stanley P.
BUSINESS
October 25, 1990 | JESUS SANCHEZ, TIMES STAFF WRITER
This is the type of investment that appeals to Stanley P. Gold: a cash-starved retailer battling a growing behemoth in a large but stagnant market that is braced for recession. Gold, the president of Shamrock Holdings, says that with a shift in strategy, an infusion of cash and a few years of patience, Child World Inc.--the nation's No. 2 toy retailer--will prove a worthwhile venture for the Burbank-based investment firm controlled by the family of Roy E. Disney.
BUSINESS
October 29, 1991 | KEVIN E. CULLINANE, TIMES STAFF WRITER
A toy price war that could bring good tidings to holiday shoppers is on the verge of erupting, after the nation's second-largest toy retailer said it would beat its competitors' advertised prices until Christmas. But while buyers of everything from Barbie to Nintendo could be the big winners in this recession-plagued season of bargain buying, industry experts are fingering Child World itself as the big loser.
BUSINESS
June 12, 1992 | From Times Staff and Wire Reports
Child World Confirms Talks With Lionel: Child World, the third-largest chain of toy stores in the country, said it is negotiating with Lionel Corp. about a merger. Child World will close its 71 stores "within a short time" if an agreement cannot be reached, spokesman Gregory William Miller said. That would eliminate about 4,000 full- and part-time jobs. The company has already closed 54 stores.
BUSINESS
October 29, 1991 | KEVIN E. CULLINANE, TIMES STAFF WRITER
A toy price war that could bring good tidings to holiday shoppers is on the verge of erupting, after the nation's second-largest toy retailer said it would beat its competitors' advertised prices until Christmas. But while buyers of everything from Barbie to Nintendo could be the big winners in this recession-plagued season of bargain buying, industry experts are fingering Child World itself as the big loser.
BUSINESS
October 25, 1990 | JESUS SANCHEZ, TIMES STAFF WRITER
This is the type of investment that appeals to Stanley P. Gold: a cash-starved retailer battling a growing behemoth in a large but stagnant market that is braced for recession. Gold, the president of Shamrock Holdings, says that with a shift in strategy, an infusion of cash and a few years of patience, Child World Inc.--the nation's No. 2 toy retailer--will prove a worthwhile venture for the Burbank-based investment firm controlled by the family of Roy E. Disney.
BUSINESS
July 31, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
Trefoil Capital Investors, a Burbank partnership recently formed by Roy E. Disney's Shamrock Holdings Inc. to invest in ailing companies, said Monday that it has agreed to buy toy retailer Child World Inc. in a two-step transaction. Trefoil would first acquire the 82% stake in Child World that is owned by debt-laden CNC Holding Corp., a Cleveland-based retail concern, in exchange for assuming an undisclosed amount of CNC's debt, said Stanley P.
NEWS
November 22, 1988 | Associated Press
A "Mickey's Motorboat" toy is being recalled because its wind-up propeller could be pulled off and cause a child to choke, the Consumer Product Safety Commission said Monday. The 6-inch-long plastic boat, with figures of Goofy, Donald Duck and Cap'n Mickey Mouse, is made by Child World Inc. of Avon, Mass.
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