Title: Toy stores that went out of business - The Silicon Underground
Headings: Toy stores that went out of business
Toy stores that went out of business
Kay Bee
Toys R Us
Radio Shack
Lionel Kiddie City / Lionel Playworld
Children’s Palace / Child World
All Wound Up
FAO Schwarz
Warner Bros Studio Store
Zany Brainy
Noodle Kidoodle
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Content: But Toys R Us made few significant changes as a private company. The organization and layout was chaotic, the prices were higher than discount stores, the customer service was poor, and it didn’t provide a destination-type experience that classic toy stores of the past had. Toys R Us didn’t necessarily have to become one of many toy stores that went out of business, but since Bain Capital and its partners stood to make money regardless of Toys R Us’ ultimate fate, it lacked the motivation that other companies that used the strategy successfully, such as Dell, had. Radio Shack
Radio Shack wasn’t strictly a toy store, but toys were a profitable sideline for the company for decades. Its high-profile bankruptcy in 2015 was a long time coming. Radio Shack wasn’t strictly a toy store, but it sold lots of electronic toys in the 1980s and electric toys like Marx trains in the 1960s and 1970s. In rural areas, it was one of the most interesting stores in town for a kid. Technically, Radio Shack didn’t go completely out of business, as there are a few hundred franchise stores remaining, but the parent company went bankrupt in 2015 and again in 2017, which resulted in closing almost all of its company-owned stores. Technically Radio Shack isn’t quite completely out of business, but it’s a far cry from its heyday when the overwhelming majority of the U.S. population, even in rural areas, lived no more than 10 minutes from a Radio Shack. The reason for Radio Shack’s decline is complex, but many people blame the smartphone.