13 Facts About Child World

Child World was an American chain of toy stores founded by Sid Shneider and Joseph Arnesano in Quincy, Massachusetts, in 1962.

Child World once had 182 stores and revenues of approximately $830 million annually.

From 1977 until its closure Child World operated the Children's Palace chain of stores after acquiring it from Kobacker Stores, and later incorporated most of the aesthetic design features from the latter chain into Child World stores.

Child World was founded by Sid Shneider and Joseph Arnesano in Quincy, Massachusetts, in 1962.

Child World began incorporating elements of the Children's Palace store design into its stores that opened post-merger, with many of the new stores taking on a castle-like design.

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Biggest issue facing Child World was not the downturn in the economy and its effect on business.

Vendors such as LEGO responded by refusing to accept orders for new merchandise from Child World, which left stores unable to maintain fully stocked shelves.

Child World ended fiscal year 1990 with US$830 million in assets, but carried over US$1 billion in liabilities and the final figures showed a deficit of US$192 million.

Avon and Lionel began negotiations to merge their struggling businesses, with Child World stating that they were otherwise out of options and would not be able to survive if the proposed merger were to fail.

Child World was known largely for making its stores resemble castles, complete with turrets, battlements, and three arches in the front door.

Mascot for Child World was originally a cartoon rabbit named Happy Rabbit who sported the words "I'm Happy" on his T-shirt.

Child World was later replaced by a cartoon panda bear named Peter Panda, often depicted wearing overalls with his name printed on them.

In 1990, Child World produced a video catalog in time for Christmas that year called "Video Toy Chest: A Toy Catalog on Videotape".