Where Have All the Toys Gone? KB Shutting Down

KB Toys is going out of business and shoppers will be seeing big discounts.

A Delaware bankruptcy judge has authorized k-b toys to begin going-out-of-business sales.

The liquidation sales started Friday and are expected to last until February 9.

The toy retailer filed for chapter 11 bankruptcy protection last week -- the second chapter 11 filing since 2004.

A consultant working with the company told the court that the remaining shopping days between now and Christmas would be critical to the going-out-of-business sales.

There are 31 KB Toys stores in the Tri-State area.

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