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Playworld began in 1952 as QE Manufacturing Company, which made parts for heavy machinery. [2] The company expanded its operations to playground equipment seven years later in 1959. [3] In 1971, Playworld Systems became its own company. [4] In January 1999, Playworld Systems moved to its current corporate headquarters in Lewisburg. [5]
After the sale of its train product lines in 1969, Lionel Corporation became a holding company that specialized in toy stores. By the early 1980s, Lionel operated some 150 stores, [17] under the names Lionel Kiddie City, Lionel Playworld, and Lionel Toy Warehouse. For a time it was the second-largest toy store chain in the United States.
A closing Lionel Playworld store in Chattanooga, Tennessee in 1993. By 1991, the chain grew to 100 stores and was the fourth-largest toy retailer in the country, but once again ran into trouble due to a combination of factors. In 1989 Robert I. Toussie L.P., a partnership of several retail executives, attempted to buy the company.
(Reuters) -Bentley Systems, an engineering software company with a market value of nearly $16 billion, is exploring options that include a sale after attracting acquisition interest, according to ...
Lionel, LLC is an American designer and importer of toy trains and model railroads that is headquartered in Concord, North Carolina.Its roots lie in the 1969 purchase of the Lionel product line from the Lionel Corporation by cereal conglomerate General Mills and subsequent purchase in 1986 by businessman Richard P. Kughn forming Lionel Trains, Inc. in 1986.
Lionel Playworld – liquidated in 1993 [182] [183] [185] Noodle Kidoodle – acquired in 2000 by Zany Brainy and rebranded [186] Toys "R" Us – liquidated most stores in 2018; still active in Canada and other countries. The company was bought and reformed by its lenders as a brand owned by TRU Kids.
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