Disney buying back Disney store?

Disney05 · 03-21-2008, 09:22 AM

I read this on another forum by a CM who works in a Disney Store. They say Disney is in talks with The Childrens Place about buying back the chain. Here is a copy of the emails:

Today, The Children's Place (TCP) announced it is in advanced talks with The Walt Disney Company for Disney to regain ownership of two-thirds of Disney Stores in North America. Disney confirmed it was talking to TCP about potentially buying back a portion of the chain.

From an email our store received today ...

In an effort to return TCP to its historic levels of productivity, our management team and advisors evaluated various strategies. Unfortunately, as we looked at the potential for this business compared to our initial plans, we realized it would take many more years to achieve the results we expected at the time the acquisition was made. We simply do not the luxury of time. As a result, we concluded the Company should exit the Disney Store Business.

We are actively pursuing alternatives for immediately exiting the business, and we expect to make an announcement very shortly.

iwannabeminnie · 03-21-2008, 10:45 AM

All I can say is "thank God!"

HauntedGabe · 03-21-2008, 11:12 AM

Quote:

Originally Posted by iwannabeminnie

All I can say is "thank God!"

Well stated!

Cinderella2 · 03-21-2008, 11:23 AM

Seriously. Please bring back the watches and the art and the jewelry and the adult clothes!

**disneydame2004** · 03-21-2008, 11:41 AM

This version of the news was in the DisNewsPlus digest:

"Disney will be retaking over ownership of the Disney Stores.
Children's Place stores has been running the stores since 2004. There
have been many attempts to help children's place present the Disney
brand in a way that was agreeable to both companies. Two thirds of
the remaining Disney Stores (335 stores) will be taken over by Disney
with the remaining 115 stores closing. "

Personally, I thought the stores were getting better, though still not back up to the level they were at when they first opened. We had watches and adult clothing, but not adult jewelry. The watches are behind the counter and you have to ask to see them, and the adult clothes are expensive!

Not liking the 115 stores closing part at all! I am fortunate enough to have several close by enough to get to, but I'd be disappointed if my closest one closes! On the plus side, they just opened a Disney Outlet at the Tanger Outlets right near my mother's house (plus announced a second one that will be opening even closer to me in the fall) and all that merchandise from closing stores will probably be heading to the outlets.

HauntedGabe · 03-21-2008, 11:46 AM

And where do you find the Outlet list?

M0Diz · 03-21-2008, 12:01 PM

Quote:

Originally Posted by Cinderella2

Seriously. Please bring back the watches and the art and the jewelry and the adult clothes!

I agree! I always walk past a Disney store in the UK and think "yay Disney! but I can't buy anything to wear in there " =(

**disneydame2004** · 03-21-2008, 12:50 PM

Quote:

Originally Posted by HauntedGabe

And where do you find the Outlet list?

On the DisneyShopping.com site, go to "Disney Store" and a the bottom of the page, very small on the left under the "enter your email" box there is a store locator link. They don't list them as "Outlet" stores, probably because more than half the store was regular price stuff anyway, but the ones located in outlet centers are the 'outlet' stores.

mritty · 03-21-2008, 02:16 PM

hmm. I didn't catch that 115 closing bit either. I'm gonna have to make a trip to my local DS this weekend and ask if anyone there knows what their fate is....

Disney05 · 03-21-2008, 02:45 PM

I was happy when Tanger in Riverhead finally got the Disney Store. I miss all the Disney characters all set up around the retail stores. It was like you were at WDW, kinda.

Thumper10 · 03-21-2008, 03:10 PM

great news!!! I just really hope the one closest to me isn't closing, the only other one I know of in my area is in Chicago and we only end up there once every few months.

smith913 · 03-21-2008, 04:06 PM

They just closed our last Disney Store here! We'll probably have to drive to Atlanta, as always!

GalPal · 03-21-2008, 07:33 PM

I am soooo happy to hear this news. Now, if they would just send the current SM back to that rock she crawled out from under, all of us "Disneyphiles" would be happy to go back to TDS and work for peanuts. It used to be my "happy place" away from THE "happy place"...if ya know what I mean.

ohiodisneydad · 03-21-2008, 07:37 PM

the 115 closing bothers me as well. Our closest is near Cincinnati and our malls aren't doing so hot right now so I look for ours to go bye bye.

disneyfanatic101 · 03-21-2008, 07:58 PM

I hope they buy it back!!! Maybe if they buy back the store in my mall I can work there and become an OFFICIAL CM.

03-21-2008, 09:22 AM	#1
Disney05 Off to Neverland! Join Date: Sep 2005 Location: Long Island, NY Posts: 3,447	Disney buying back Disney store? I read this on another forum by a CM who works in a Disney Store. They say Disney is in talks with The Childrens Place about buying back the chain. Here is a copy of the emails: Today, The Children's Place (TCP) announced it is in advanced talks with The Walt Disney Company for Disney to regain ownership of two-thirds of Disney Stores in North America. Disney confirmed it was talking to TCP about potentially buying back a portion of the chain. From an email our store received today ... In an effort to return TCP to its historic levels of productivity, our management team and advisors evaluated various strategies. Unfortunately, as we looked at the potential for this business compared to our initial plans, we realized it would take many more years to achieve the results we expected at the time the acquisition was made. We simply do not the luxury of time. As a result, we concluded the Company should exit the Disney Store Business. We are actively pursuing alternatives for immediately exiting the business, and we expect to make an announcement very shortly. __________________ When you wish upon a star..... LAUGHTER IS TIMELESS, IMAGINATION HAS NO AGE AND DREAMS ARE FOREVER. Adults are only kids grown up, anyway. WD ...That's the real trouble with the world. Too many people grow up. WD "For those who get it, no explanation is necessary. For those who don't, no explanation will do." http://wdwhomesick.wordpress.com/

03-21-2008, 10:45 AM	#2
iwannabeminnie I'm old! I'm like the cryptkeeper! Join Date: Feb 2004 Location: Berne, IN Posts: 8,101	All I can say is "thank God!" __________________ They call me "Nana"

03-21-2008, 11:23 AM	#4
Cinderella2 Thrilled to know there are others who sparkle! Join Date: Feb 2007 Posts: 17,511	Seriously. Please bring back the watches and the art and the jewelry and the adult clothes! __________________ Dreams Really Do Come True

03-21-2008, 11:41 AM	#5
disneydame2004 Celebrate Everyday! Join Date: Jul 2004 Location: Long Island, NY Posts: 5,677	This version of the news was in the DisNewsPlus digest: "Disney will be retaking over ownership of the Disney Stores. Children's Place stores has been running the stores since 2004. There have been many attempts to help children's place present the Disney brand in a way that was agreeable to both companies. Two thirds of the remaining Disney Stores (335 stores) will be taken over by Disney with the remaining 115 stores closing. " Personally, I thought the stores were getting better, though still not back up to the level they were at when they first opened. We had watches and adult clothing, but not adult jewelry. The watches are behind the counter and you have to ask to see them, and the adult clothes are expensive! Not liking the 115 stores closing part at all! I am fortunate enough to have several close by enough to get to, but I'd be disappointed if my closest one closes! On the plus side, they just opened a Disney Outlet at the Tanger Outlets right near my mother's house (plus announced a second one that will be opening even closer to me in the fall) and all that merchandise from closing stores will probably be heading to the outlets. __________________ -Pat (Disneydame2004) Dream Team Auction Coordinator Help make a child smile! Dream Team Project Firstgiving Page

03-21-2008, 02:45 PM	#10
Disney05 Off to Neverland! Join Date: Sep 2005 Location: Long Island, NY Posts: 3,447	I was happy when Tanger in Riverhead finally got the Disney Store. I miss all the Disney characters all set up around the retail stores. It was like you were at WDW, kinda. __________________ When you wish upon a star..... LAUGHTER IS TIMELESS, IMAGINATION HAS NO AGE AND DREAMS ARE FOREVER. Adults are only kids grown up, anyway. WD ...That's the real trouble with the world. Too many people grow up. WD "For those who get it, no explanation is necessary. For those who don't, no explanation will do." http://wdwhomesick.wordpress.com/

03-21-2008, 11:46 AM	#6
HauntedGabe Where'd she go??? Join Date: Oct 2007 Location: Hamlet, IL Posts: 17,935	And where do you find the Outlet list?

03-21-2008, 02:16 PM	#9
mritty Fastpass Holder Join Date: Aug 2006 Location: Selkirk, NY Posts: 803	hmm. I didn't catch that 115 closing bit either. I'm gonna have to make a trip to my local DS this weekend and ask if anyone there knows what their fate is....

03-21-2008, 03:10 PM	#11
Thumper10 Missing Main Street... Join Date: Mar 2007 Location: The Laughin Place Posts: 1,215	great news!!! I just really hope the one closest to me isn't closing, the only other one I know of in my area is in Chicago and we only end up there once every few months. __________________ ---Amanda When you believe in a thing, believe in it all the way, implicitly and unquestionable. -Walt Disney

03-21-2008, 04:06 PM	#12
smith913 Fastpass Holder Join Date: Jan 2008 Location: 9 hours too far Posts: 800	They just closed our last Disney Store here! We'll probably have to drive to Atlanta, as always! __________________ Samantha October 2005 - All Star Movies, October 2006 - Pop Century, October 2008 - Pop Century, October 2009 - Pop Century, October 2011 - Pop Century

03-21-2008, 07:33 PM	#13
GalPal Fastpass Holder Join Date: Feb 2007 Location: Quad Cities Posts: 364	I am soooo happy to hear this news. Now, if they would just send the current SM back to that rock she crawled out from under, all of us "Disneyphiles" would be happy to go back to TDS and work for peanuts. It used to be my "happy place" away from THE "happy place"...if ya know what I mean.

03-21-2008, 07:37 PM	#14
ohiodisneydad Fastpass Holder Join Date: Sep 2006 Location: Middletown, OH Posts: 934	the 115 closing bothers me as well. Our closest is near Cincinnati and our malls aren't doing so hot right now so I look for ours to go bye bye. __________________ "Life is an occassion. Rise to it."- Mr. Magorium "Welcome Home"- Best words you'll ever hear when you check in at a Disney Resort

03-21-2008, 07:58 PM	#15
disneyfanatic101 Trying to Get Back Into the Swing of Things! Join Date: Feb 2007 Location: Hoosier State Posts: 9,268	I hope they buy it back!!! Maybe if they buy back the store in my mall I can work there and become an OFFICIAL CM. __________________ Adam ~ A Proud D23 Charter Member!

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode