KB Toys Will Close Seven Minnesota Stores

MINNEAPOLIS-The closings are part of the firm's restructuring efforts. Approximately 375 stores across the country will be shut down.

By Jim McCartney | January 30, 2004 at 01:01 AM

KB Toys has received approval from the U.S. Bankruptcy Court for the District of Delaware to hire three companies—The Ozer Group, The Nassi Group and SB Capital Group—to conduct store-closing inventory sales. The company expects to identify by Feb. 11 an additional 19 to 115 stores it will close.

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