January 19, 2001, 12:00 AM

KBkids.com's IPO Still On

Consolidated Stores Corp. says it remains committed to an initial public offering for toy e-retailer KBkids.com, even though the parent company has announced a respositioning drive to boost its sagging stock price.

The site is a joint venture between Consolidated Stores, which operates more than 1,300 K*B Toys stores nationwide, and BrainPlay.com, an online retailer of specialty children's products.

Consolidated Stores, which also operates Big Lots and other discount chains, says it has retained Credit Suisse First Boston to identify repositioning alternatives.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Will Devlin / E-Commerce

Three simple steps to reducing shopping cart abandonment

Payment options, a shopping cart that holds a customer’s items while she ponders the purchase ...

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

Advertisement