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Times Square World of Disney Store to possibly close and relocate - CNNMoney, 8/31/07

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  • Times Square World of Disney Store to possibly close and relocate - CNNMoney, 8/31/07

    In a press release today from The Children's Place in regards to a second revision of the store standards with The Walt Disney Company, this was a major highlight.


    http://money.cnn.com/news/newsfeeds/...ire/125923.htm


    Also as previously discussed in the Company's August 23, 2007 press release, in consideration for these changes, the Company agreed to amend the original license agreement to allow Disney to relocate its flagship store in Manhattan and also relaxed the restrictions on Disney's ability to grant direct licenses for the sale of Disney merchandise to specialty retail stores other than children's specialty retail stores.
    Check out my Theme Park Photos at http://darkbeer.smugmug.com

  • #2
    Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

    Am I missing something? It looks like they only have the ability to relocate if they wanted to... I'm not finding anything in the article that says that they are actually doing that.
    -Tim

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    • #3
      Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

      The amendment basically gives Disney the right to move the store to a different location - if they so desire - sometime in the future.

      Original thread posted here: http://www.micechat.com/forums/showthread.php?t=76003

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      • #4
        Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

        That's what I thought... seems like it would be bad business for them to move out of Times Square.
        -Tim

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        • #5
          Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

          I honestly don't remember ever seeing a Disney store in Times Square.

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          • #6
            Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

            Originally posted by kirbilicious View Post
            I honestly don't remember ever seeing a Disney store in Times Square.
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            • #7
              Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

              Umm ... World of Disney is not on Times Square. It's a little more uptown on Fifth Avenue. Also, there is a difference between "World of Disney Store" and the "Disney Store" as found in malls. The merchandise sold is VERY different.

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              • #8
                Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                Originally posted by kirbilicious View Post
                I honestly don't remember ever seeing a Disney store in Times Square.

                There isn't one in Times Sq, it is on 5th Ave and 55th St. Not sure why Disney would even want to move it.
                http://www.youtube.com/watch?v=kwwdFhJWDK0

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                • #9
                  Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                  I hope they don't move it until after Christmas at least.

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                  • #10
                    Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                    Originally posted by mikeland View Post
                    Umm ... World of Disney is not on Times Square. It's a little more uptown on Fifth Avenue. Also, there is a difference between "World of Disney Store" and the "Disney Store" as found in malls. The merchandise sold is VERY different.
                    I was just at this World of Disney Store in the beginning of July. I was under the impression that this was one of the stores still owned by Disney directly? It is NOTHING like the regular mall Disney Stores!
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                    • #11
                      Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                      WoD is owned by Disney's Theme Parks division. They're like the ones in Anaheim, Lake Buena Vista, and Paris. This one has all of the merchandise from WDW.

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                      • #12
                        Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                        I think it would be a HUGE shame is World Of Disney NY were to close. I spent 4 days there in May and had a great time meeting characters and getting to know a few members of staff.

                        They are an actual part of WDW, they completely class themselves as WDW, have WDW name tags and sell all the WDW special pins and merchandise (nothing from DLR or DLRP).

                        It's also awesome there because they have photopass!!! How comes the shop gets Photopass and DIsney Paris doesn't??!?!??!?!
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                        • #13
                          Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                          Originally posted by mikeland View Post
                          Umm ... World of Disney is not on Times Square. It's a little more uptown on Fifth Avenue. Also, there is a difference between "World of Disney Store" and the "Disney Store" as found in malls. The merchandise sold is VERY different.

                          There is a Disney Store (not sure if it is "World of"). It is on 42nd Street, close to the New Amsterdam Theatre.

                          When "The Lion King" first opened, the Disney Store was HUGE. It had a special Lion King section where the wall actually lifted up and admitted you into the theatre, of course, to dump you out in the store on the way out to buy your overpriced goodies.

                          A couple years later the greatly reduced their space to a fairly small store right by the theatre. As far as I know, it is still there.

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                          • #14
                            Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                            Originally posted by SHowardcpa View Post
                            A couple years later the greatly reduced their space to a fairly small store right by the theatre. As far as I know, it is still there.
                            I was in NYC in early August of this year and walked by the New Amsterdam theater and there was NO Disney store nearby.

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                            • #15
                              Re: Times Square World of Disney Store to close and relocate - CNNMoney, 8/31/07

                              World of Disney is at 5th Ave & 55th St. (website)

                              World of Disney's aren't part of the "Disney Store" line and as far as what I've heard, still part of
                              WDC, but as part of the sale there was a MOU regarding the World of Disney Stores.

                              When Lion King opened, I distinctly remember hearing that it had a gift shop selling
                              mostly Lion King items. I don't think that was ever an official Disney store.

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