Lone Star Baby & Kids Acquires USA Baby

Lone Star Baby & Kids has just acquired the intellectual property and certain assets of USA Baby, Inc. through an asset purchase agreement with Commerce Capital L.P. (CCLP), which acquired the company through a foreclosure sale following its involuntary bankruptcy filing last year.

“We are extremely pleased with the outcome today and look forward to growing both the USA Baby and Lone Star Baby & Kids Brand nationwide through franchising,” stated Michael J. Schaul, president of Lone Star Baby & Kids. “There are approximately 35 stores nationwide currently operating within the USA Baby franchise system. We plan to offer these stores the opportunity to join our franchise system and return the USA Baby Brand back to the predominant juvenile specialty store chain it once was.”

Read the September issue and learn more about: A Spring ’10 trend report A spotlight on new products bowing at ABC Kids Expo The top launches from the New York shows Catching up with the Kids In Distressed Situations charity Plus: Infant and toddler fashion Coming In October: Tools for selling slings and wraps Tips for easing CPSIA compliance Understanding the Canadian consumer Back to the future with tween fashion Plus: hot gifts for tweens and infant hosiery