``Rob's impact on expense control has significantly increased the profitability of K-B Toys,'' said Glazer. ``In his new role, he will continue to reduce expenses, improve margins, and streamline the distribution network. I am confident that Rob's experience will further position K-B Toys for continued growth and success.''

Since joining K-B Toys in 1988, Feldman has advanced through the finance organization holding a variety of positions including financial systems manager, director of financial services, and director of budgeting. Prior to 1988, he was employed with Coopers & Lybrand in Albany, New York.

A native of Schenectady, New York, Feldman received his Bachelor of Business Administration degree, majoring in accounting, from Siena College in Loudenville, New York. Feldman currently resides in East Greenbush, New York, with his wife, Cheryl, and their two children. He is a registered CPA.

K-B Toys is the nation's largest mall-based toy retailer, with $1.8 billion in annual sales. K-B Toys, a division of Columbus, Ohio-based Consolidated Stores Corporation, operates approximately 1,318 stores in all 50 states and the Commonwealth of Puerto Rico, doing business as K-B Toys, K-B Toy Works, K-B Toy Outlet, K-B Toy Express and with Online Shopping at www.kbkids.com. Consolidated Stores Corporation, a leading value retailer specializing in toys and closeout merchandise, operates stores throughout the country including 1,234 closeout stores operating under the names Odd Lots, Big Lots, Mac Frugal's and Pic 'N' Save. Wholesale operations are conducted through Consolidated International and Wisconsin Toy. K-B Toys is headquartered in Pittsfield, Massachusetts.

[Update 4/04/2000]