Major retailers that went out of business in the early 2000s include Zany Brainy, the Warner Bros. Studio Store and Kids "R" Us. Tower Records and CD World also went out of business in the early 2000s.Continue Reading
Zany Brainy was a toy store that focused on educational toys for children aged between 4 and 12. The store opened in 1991, but started to struggle after it took over its rival company, Noodle Kidoodle, in 2000. In 2001, Zany Brainy filed bankruptcy for its 187 locations across the country.
The Warner Bros. Studio Store opened in 1991 as a competitor to the Disney Store. It sold merchandise featuring characters from Looney Tunes and Warner Bros.' films. All of the stores went out of business in 2001.
Kids "R" Us was a division of Toys "R" Us that opened in 1983 and sold clothing for kids and pre-teens. The stores closed in 2003, though divisions for Toys "R" Us and Babies "R" Us remain in business as of 2015.
Several music stores went out of business in the 2000s, including Tower Records and CD World. Tower Records liquidated in 2006 after 46 years of business, and CD World was bankrupted in 2003.Learn more about Corporations