Update: Correction. These rumors are just regarding the letter of intent. No final contract has been signed. My bad Word is leaking out the the sale has gone through, or will shortly. Thus marks the end of a long chapter in the Walt Disney Company that was at one time both it’s biggest success and… Read More »Children’s Place buys The Disney Stores
The Children’s Place is one step closer to buying the once proud and vibrant chain of Disney Stores. The Disney Stores used to be known for providing a little bit of the Disney Magic via a cadre of highly trained employees (er Cast Members), a cache of unique Disney merchandise, and access to collectibe art and merchandise without having to visit one of the theme parks. Paul Pressler, who failed so miserably as President of Disneyland, led the charge of the Disney stores from 75 outlets to over 600. When he left to take the Disneyland position The Disney Stores seemed destined to be a strong part of The Walt Disney Company for the long term future.