Toys return to the mall
Toys are returning to America’s malls. The void created by the bankruptcy of KB toys is being filled by Spencer’s.
I have been told that Spencer’s will open temporary stores in malls in the months of November and December. They will carry branded, licensed and private label toys. They will build on Spencer’s already successful Spirit Halloween stores. They will test up to 40 stores this year and then, should the test prove successful, expand their store counts.
They are not the only ones looking at the malls. I have been told that Toys R Us is considering a similar move.
Let’s hope that the demise of KB and its no longer successful business model will now be replaced by a new model that brings toys back to the malls. Exposure for malls is good for the whole industry. It adds additional outlets and gives toys a high profile in a high traffic family venue.
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