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Iconic toy company files Chapter 11 bankruptcy, seeks sale

The children's toy industry has faced financial distress, leading to bankruptcy filings and the demise of national toy store chains over the past 20 years.KB Toys had about 1,300 stores in 50 states when it filed for Chapter 11 bankruptcy to reorganize in 2004, according to a LinkedIn page. The company never recovered as the Great Recession hit in 2008,...

Sat May 11, 2024 05:19
One of Cole Haan's most iconic sneakers that shoppers call the 'best shoe ever' is nearly 50% off right now

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Cole Haan has impacted the men's shoe scene over the last decade-plus in a way that will forever change how guys think about comfort in the workplace. It started with a dress shoe-running shoe hybrid that eventually turned...

Sat May 11, 2024 03:29
Former Audi designer exposes the benefits of working with a Chinese automaker

Designing for a well-known car company like Audi is a dream job for many car enthusiasts, as the brand's rich history, reputation for innovation and performance can be carried through one's visionary eye. However, dreams don't always come true, as the reality of working for a big automotive conglomerate like Volkswagen  (VLKAF)  (which owns Audi) sets...

Sat May 11, 2024 02:30
Planet Fitness makes a risky move that can discourage membership

Planet Fitness  (PLNT) is making a major change that it hasn’t made in 26 years, and customers may not be too happy about it. The company announced during a recent earnings call that it will be hiking the price for its cheapest membership by $5 after piloting the change in different markets and hinted that more price increases may be on the way. “For...

Sat May 11, 2024 02:30
Climate activists target Tesla's German plant in latest actions

Tesla's  (TSLA)  Berlin Gigafactory was the target of yet another attack by climate protestors against its planned expansion.  Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory on May 10, 2024 near Gruenheide, Germany.Axel Schmidt/Getty...

Sat May 11, 2024 01:37
Hyundai and Kia were the most stolen vehicles in 2023

TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Friday, May 10.Related: Stock Market Today: Stocks mixed, Dow aims for 40,000Full Video Transcript Below:CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on...

Sat May 11, 2024 01:29

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