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
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…
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
With the Disney owned The Disney Stores waning away the door is opened for Mom and Pop stores to pick up the slack and impart a little Disney magic on their own. “Where the Magic Begins” is a new store in California’s Bay Area attempting to do just that. If you’re in or around Livermore,… Read More »The New 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.
The well intentioned folks at SaveDisney.com have posted an open letter to Disney Cast Members. It hasn’t been a “Spoonful of Sugar” for our Cast Members at the Walt Disney Company. Animators and Imagineers have been laid off. Cast Members at the Disney Stores have… Read More »Open Letter to Disney Cast Members…