The Disney Store... brought to you by...
Walt Disney Co. may have a buyer for its Disney Stores.
Children's Place Retail Stores Inc. out of Secaucus, N.J., says it is talking to Disney about buying and operating the retail chain.
Children's Place sells children's apparel and accessories and has 711 North American stores.
There are 335 Disney Stores in North America. Locally, Disney operates stores at Florida Mall, West Oaks Mall and Seminole Towne Center, as well as at its theme parks and resorts.
"A potential transaction would bring together The Children's Place's retail expertise with the unique 'Disney' brand and creative engine," Children's Place says in a written release.
Disney has been talking since May 2003 about unloading the stores. Last March, the company closed its Disney Stores at Altamonte Mall and Orlando Fashion Square as part of a national plan to close 150 stores as their leases expire.
I frequent the Disney store(s) near my house, and I often ask (especially when I see half empty shelves and 75% off pricing) if the rumors of the stores' closing and/or sale is true. I always, without fail, have received an "absolutely not"answer in return. Sometimes, it is even coupled with, "no... we're changing to include more park merchandise and adult clothing." Yeah, right! :sneaky: