Toy Store Titans: Can You Recall Which Giant Went Bankrupt in 1989?

What was the name of the department store chain that shut down in 1987?

Caldor

Bonwit Teller

Korvettes

Ames

Bonwit Teller, a luxury department store chain, closed in 1987 due to financial difficulties and inability to compete with other high-end retailers.

What discount retailer, known for its ‘Turnabout’ stores, closed in 1987?

Service Merchandise

E. J. Korvette

Venture

Jamesway

E. J. Korvette, a discount retailer known for its ‘Turnabout’ stores, closed in 1987 due to financial losses and increased competition from other discount retailers.

What electronics retailer closed down in 1989 after facing stiff competition?

Circuit City

RadioShack

Crazy Eddie

The Wiz

Crazy Eddie, known for its aggressive advertising and deep discounts, closed in 1989 due to severe financial mismanagement and competition from larger electronics retailers.

Which major toy retailer filed for bankruptcy in 1986?

Kay-Bee Toys

FAO Schwarz

Lionel Kiddie City

Child World

Lionel Kiddie City, a major toy retailer, filed for bankruptcy in 1986 due to increased competition from other toy retailers and financial mismanagement.

Which iconic retailer known for catalog sales closed in 1986?

Montgomery Ward

Woolworth

Gimbels

Mervyn’s

Gimbels, an iconic department store known for its catalog sales, closed its doors in 1986 after struggling with competition and declining sales.

Which company, famous for its cars, declared bankruptcy in 1982?

DeLorean

AMC

Pontiac

Studebaker

DeLorean Motor Company, famous for its futuristic-looking cars, declared bankruptcy in 1982 due to financial issues and legal troubles of its founder, John DeLorean.

What department store chain known for its ‘Red Tag’ sales closed in 1986?

Caldor

Hills

Best Products

Kresge

Best Products, known for its ‘Red Tag’ sales and catalog showroom format, closed in 1986 after struggling with declining sales and increased competition.

Which department store known for its ‘bargain basements’ closed in 1984?

Woolworth

Gimbels

Hess’s

Mervyn’s

Woolworth, known for its ‘bargain basements’ and variety store format, closed many of its stores in 1984 as it struggled to compete with larger discount retailers.

What technology company went bankrupt in 1984 after rapid expansion?

Commodore

Atari

Osborne

Tandy

Osborne Computer Corporation, known for its early portable computers, went bankrupt in 1984 after rapid expansion and competition from other personal computer manufacturers.

Which airline ceased operations in 1987 due to financial struggles?

Eastern Air Lines

Pan Am

Braniff International

TWA

Braniff International, known for its colorful planes and innovative marketing, ceased operations in 1987 after struggling with debt and competition.

What large grocery chain known for its ‘double coupons’ policy went out of business in 1982?

A&P

Kroger

Skaggs

Delchamps

Skaggs, a large grocery chain known for its ‘double coupons’ policy, went out of business in 1982 due to financial struggles and competition from larger grocery chains.

Which airline ceased operations in 1982 after financial difficulties?

Pan Am

National Airlines

Western Airlines

Eastern Air Lines

National Airlines ceased operations in 1982 due to financial difficulties and was subsequently merged into Pan American World Airways.

Which electronics chain famous for its slogan ‘The Customer’s Always Right’ closed in 1987?

The Wiz

Crazy Eddie

Loehmann’s

Silo

Silo, an electronics chain famous for its slogan ‘The Customer’s Always Right,’ closed in 1987 due to financial difficulties and competition from larger retailers.

Which toy store giant filed for bankruptcy in 1989?

Child World

Toys “R” Us

FAO Schwarz

Lionel Kiddie City

Child World, once a major toy retailer, filed for bankruptcy in 1989 due to financial difficulties and stiff competition from Toys “R” Us.

What discount department store chain closed its doors in 1981?

Zayre

Woolco

Bradlees

TG&Y

Woolco, the discount department store chain, closed in 1981 after failing to compete effectively with other discount retailers like Kmart and Walmart.

Which computer retailer filed for bankruptcy in 1989?

Tandy

Gateway

ComputerLand

Egghead Software

Egghead Software, a major computer retailer in the 1980s, filed for bankruptcy in 1989 due to increased competition and changing market conditions.

Which chain of bookstores went bankrupt in 1989?

Crown Books

Waldenbooks

Borders

B. Dalton

Crown Books, a major bookstore chain, went bankrupt in 1989 due to competition from larger retailers and the rise of discount book selling.

What chain of grocery stores ceased operations in 1983?

A&P

Safeway

Alpha Beta

Pantry Pride

Pantry Pride, a chain of grocery stores, ceased operations in 1983 after struggling with profitability and market competition.

Which fast-food chain known for roast beef sandwiches closed many stores in the 1980s?

Rax

Hardee’s

Roy Rogers

Burger Chef

Rax, known for its roast beef sandwiches, closed many stores in the 1980s due to declining sales and competition from larger fast-food chains.

What furniture retailer famous for its ‘Warehouse’ concept closed in 1986?

Levitz

Wickes

Scandinavian Design

Seaman’s

Levitz, a furniture retailer famous for its ‘Warehouse’ concept, closed in 1986 due to financial difficulties and competition from other furniture retailers.