Talk:KB Toys
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[edit] Other Lawsuits
I don't recall the exact facts, but I know that KB got sued for their "fake markdowns" -- almost all items in the store would have a pre-printed price sticker, with that price then crossed out in red and a new price marked. This made it seem as if the item was on discount, thereby making it more appealing to the customer. The problem with this, however, is that the item was never at the original price. Ironically, even with the fake discount, toys at KB are almost always more expensive than the SRP used at other locations. JPG-GR 03:34, 11 September 2006 (UTC)
- I have to disagree, the few KBs I've been to had ridiculously low prices, perpetually in a 'closeout sale' or something similar.
- In addition, a new law suit was added in the previous week by SpinMaster for copying a little Air Hog helicopter, breaking patent laws, anything on that?
[edit] Complete Bias/ Non- Encyclopediatic Writing
Can someone do something about that large chunck of text talking about KB's finanical troubles? It's awful.
Can there be any expansion on the practices of KB Toys, recent financial matters, history, ect? Toys R Us is much bigger and better of an article than this...
[edit] From An Employee's Point of View
I've worked for KB as a sales associate for a couple of years now, and I have never seen these "Fake Markdowns". Sometimes an item's markdown may seem strange, if the price is changed many times, then the "was" price is always listed as the price of the item when it first entered the system.. ReaperRob 17:10, 28 March 2007 (UTC)
Another employee's remarks- KB does a large amount of "close-out" transactions, purchasing items from wholesale retailers in quantity when that company decides to unload its stock. This is when you see the items at their price level at present (which may be in part derived from their original sales price). As with any retail chain, items that do not move will be marked down further at store and warehouse level, with new stickers replacing old prices. Some items may also increase in price, but reflect a change in venue in terms of a sale. For instance, a 3.99 USD item with no chance at being a sale item may be bumped up to 4.96 USD and grouped as a number sale. The last digit of the item becomes targeted for a sale, and for this example, the number 6 (The last digit of the price being a 6). A common technique is to make a Buy 1 Get 1 50% off sale off of numbered items, so now instead of it being 4.96 USD, the item now becomes 2.48 in price in conjunction another 4.96 USD item, representing a 25% reduction in total price. The technique increases increased UPT (Units Per Transaction) and ADT (Average Dollars per Transaction), signs of healthy, competitive, and interactive selling.
[edit] Fair use rationale for Image:Kblogo.PNG
Image:Kblogo.PNG is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in Wikipedia articles constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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[edit] 200 Million Dollar Loan from GE
I heard that KB Toys was given a massive loan, an overhaul of their executives, and a revamping of their business from General Electric. Is this true? —Preceding unsigned comment added by 68.194.139.140 (talk) 07:00, 2 September 2007 (UTC)
