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Bankrupt KB Toys To Stop Honoring Gift Cards

CONTACT: Elliot Burg, Assistant Attorney General, (802) 828-2153

January 6, 2009 - KB Toys, Inc., which filed for bankruptcy last month, has announced that it will no longer honor gift cards at its stores after the close of business on January 11, 2009. KB Toys has two stores in Vermont, in Rutland and South Burlington. The bankruptcy is pending in the United States Bankruptcy Court in Delaware. Vermont Attorney General William H. Sorrell recommends that consumers who hold KB Toys gift cards use them before the January 11, 2009, deadline.

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