KB Toys announces the opening of 30 stores
KB Toys Inc., a Pittsfield company that operates a toy retail chain, announced today the opening of 30 new stores in time for the holiday season.
Opening across the country, the new stores will augment the company's existing base of more than 460 stores, and the new stores will close after the holidays, a company spokesman said. Like KB's permanent stores, the temporary stores will generally be located in major shopping malls.
Among local malls where KB plans to open seasonal stores are Natick Collection in Natick, Northshore Mall in Peabody, and Independence Mall in Kingston, KB said.
Although temporary, the seasonal stores will feature a "full selection of all the favorite toys, games, and video games," KB said.
Toy retailers are bracing for a challenging holiday season with US consumers expected to cut back on spending amid fears about the world financial crisis. Both KB and Wal-Mart Stores Inc. recently announced plans to cut prices on some toys. To read a story about Wal-Mart and toys, please click here.
(By Chris Reidy, Globe staff)