Molly Mahoney is the manager of Mr. Magorium's Wonder Emporium, the awesome toy store owned by Mr. Edward Magorium. Molly was a promising composer and piano player when she was a girl, and now she is a twenty-three year-old insecure woman that feels stuck in her job. Among the costumers of the Emporium is the lonely hat collector, Eric Applebaum, who has only Molly and Mr. Magorium for friends. When the last pair of shoes that Mr. Magorium bought in Toscana is worn, he hires the accountant, Henry Weston to adjust the accounts of the Emporium. Furthermore, he claims that he is two hundred and forty-three years old and his time to go has come; he gives a block of wood called Congreve cube to Molly and asks Henry to transfer the Emporium to her name. Molly tries to convince Mr. Magorium to stay in his magical toy store instead of "going".

Release prints were delivered to theaters with the fake title 'Magic Shop'.

Molly Mahoney:
Mr. Magorian, I asked the big book for a lollipop and I got a lemur!


Mr. Edward Magorium:
A lemur? We don't even carry lemurs! I'm not even sure I know what a lemur is! Wait, is that that small primate-looking thing?

Continuity: While in the hospital, Molly and Henry are talking in the hallway while Eric is in the background rolling back and forth on his 'wheelie' shoes. Eric wheels to the right side of the hall, then there is a close-up shot of Henry. Eric is back on the left side of the hall.

Written by Cat Stevens (as Yusuf Islam)
Performed by Cat Stevens
Courtesy of Universal-Island Records Ltd.
Under License from Universal Music Enterprises