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Toys "R" Us is on its way out, but KB Toys is set to pop back up.Strategic Marks, a company that buys and revitalizes defunct brands, owns the KB name and plans to open 1,000 pop-up KB Toys stores for Black Friday and the holiday shopping season."My assumption is that there's about half a billion dollars worth of toys that have been produced for Toys "R" Us with no place to go," said Strategic Marks president Ellia Kassoff, in a phone interview with CNNMoney. "That's a big, big void that we're hoping to fill up."Toys "R" Us, which filed for bankruptcy last year, announced last week that it expects to close all of its 735 stores in the US. Those closures will put 31,000 people out of work and hurt toy manufacturers that depended on the national retailer for distribution.Kassoff said he's been in contact with Hasbro Inc. and Mattel, Inc. and up to 200 smaller toy suppliers who are looking for new brick and mortar retailers. He said he plans to take advantage of a glut of toy manufacturers that have inventory but no place to sell it.To get a quick retail footprint, Kassoff said he's working with companies that specialize in holiday and pop-up retail, like Spencer Spirit Holdings Inc., Go! Retail Group, and Party City Holdco Inc."We're talking to companies that know how to do it, they have a methodology, they're used to rolling out stuff real quickly," he said.After the holiday shopping season ends, Kassoff will decide which of the pop-up stores will become permanent, based on their performance and whether he can negotiate a lease.Strategic Marks bought the KB Toys brand from Bain Capital in 2016. Bain is the same company that bought Toys "R" Us and took it private in 2006, a process that left the toy company?saddled with .3 billion in debt, from which it never recovered. 1843
TORONTO (AP) — The NHL believes all seven Canadian teams will be able to start the season playing in their home arenas.NHL Deputy Commissioner Bill Daly said Thursday the league believes it is clear to play in Canada during the second wave of the COVID-19 pandemic after discussions with the five provincial governments with NHL teams to try to gain approval to start Jan. 13.The NHL realigned its divisions for the season so that the North Division — which features all seven Canadian teams — would not have to cross the U.S.-Canada border, which remains closed to non-essential travel until at least Jan. 21.The league released its schedule Wednesday, with each team playing 56 games instead of the usual 82.On Tuesday, the league released its coronavirus-related protocols, which include coaches must wear masks at all times while behind the bench, owners can't have face-to-face meetings with players, and teams can only travel with up to 50 people, according to the Associated Press.The AP also reported that the league had asked the players not to go to restaurants, bars, and clubs and not have outside guests at their homes. 1140

The YMCA has useful information for those seeking child care information and resources at https://www.ymcasd.org/community-support/childcare-resource-service. 166
TOKYO (AP) — The five Olympic rings are back in Tokyo Bay. The rings were removed for maintenance four months ago shortly after the Tokyo Olympics were postponed until next year because of the COVID-19 pandemic. The rings are positioned on a barge and stand about 15 meters tall and 33 meters in length — about 50 feet tall and 100 feet in length. The Olympic rings will be lighted at night and are situated in the shadow of Tokyo's famous Rainbow Bridge. The Olympics are to open on July 23, 2021, followed by the Paralympics on Aug. 24. Organizers are confident that 15,400 Olympic and Paralympic athletes can safely enter Japan during the pandemic. 659
T-Mobile is warning customers of a data breach that occurred last week.The mobile phone company told Motherboard that hackers stole some of the personal data of 2 million people during the incident.Officials with the company released the following statement on its website: 286
来源:资阳报