Kyodo News reports on restructuring The Disney Store in Japan, which are owned and operated by the same company that owns and operates the Disney theme parks in Japan. Oriental Land Co., the operator of Tokyo Disney Resort, will close some of its stores that sell Disney merchandise and revamp operations at its other outlets… Read More »Update on The Disney Store
Joseph Menn of the Los Angeles Times reports that Children’s Place does a better job of running the Disney Stores than Disney did – at least financially. Synergy with Disney’s entertainment operations was always the goal, dating back to when the stores opened under former Chief Executive Michael Eisner. But shoppers were eventually turned off… Read More »Disney Stores Run Better By Others
CNBC and Reuter’s has breaking news that Children’s Place and Disney have made official the deal transfering control of the stores to the children’s retailer. It’s a shame that the cast members who worked hard to make The Disney Stores magical are getting the short end of the stick here. For instance, employees of the… Read More »Disney Store Deal Official
The most recent comment on the Disney Store thread by ‘Billy’ mentions the new status of Disney Discounts and Benefits that will be available to employees of The Disney Store now that they have been purchased by The Children’s Place. If Billy’s post is true, then it looks like The Disney Stores will end up… Read More »Disney Store Benefits
CBS Marketwatch has an article with some more detail on the licensing of The Disney Store to The Children’s Place chain. This is the first time I’ve heard that analysts blame the profit-loss on inexperience at Disney. I think they’re wrong. Experience can be hired and absorbed. What got Disney Stores in trouble was the… Read More »More on Disney Store Licensing
An announcement was made today making official the transfer of the Disney Store name, product, and stores to The Children’s Place. The licensing agreement is for an initial term of 15 years with three 10 year renewal options. The DisneyStore.com domain goes with the agreement and a payment will be made to Disney based on… Read More »Disney Store Swap Announced
The details required to complete the transfer of The Disney Store name and products licenses to The Children’s Place have begun to emerge. It remains unclear if cast members will retain any Disney discount other than at the Disney Stores themselves. However, it is clear that the Walt Disney Company will have to give up… Read More »Disney Store Sale moves along.
A memo has been posted backstage at The Disney Stores relating some details of the impending buyout by ‘The Children’s Place.’ I’ve been trying to pin down exactly what the memo says, but it looks like Oct 11th might be the date of transfer for ownership. Many heartfelt comments have been left at this previous… Read More »The Disney Stores going, going, gone…