Sadly, all good things must come to an end. Due to a substantial decline in sales, competitors and the demise of “mall culture”, the company declared bankruptcy in 2008. The retail power of toys has since shifted to Walmart, Target and Amazon. People were turned to these big retailers due to their favorable prices and huge product assortment. However the rise and fall of KB may have a happy ending after all. In March, Ellia Kassoff, founder at Strategic Marks (which is reviving old and defunct companies and products) announced that he has plans to bring back KB Toys at mall stores in time for Christmas 2018. Seems a bit far-fetched, if you ask us, but we do believe in Christmas miracles.