[2] Post merger, Child World began incorporating the Children's Palace stylized castle decor into its new stores.

In 1991, it emerged senior executive James Maybury had been diverting revenue to fund a museum he intended to open in Dracut, MA.

Cole National had to perform a debt trade with fellow venture capital firm Avon Investment Limited Partnership later that year in order to shed the business.

An “inventory clearance" sale became a liquidation; most headquarters staff were sacked, and by mid September 1992 Child World ceased to exist.

[5] A Child World store that stood at 7600 West Roosevelt Road in Forest Park, Illinois (since demolished), was used in Martin Scorsese's 1986 film The Color of Money as the place where Vincent Lauria (Tom Cruise) worked as a toy-store clerk, and where retired pool hustler Eddie 'Fast Eddie' Felson (Paul Newman) came to see him to convince him to be his protégé in pool.