The chain started on 1 June 1967 as a small store in Volendam. Bart Smit originally sold toys, household appliances and kitchenware. Later Bart Smit started focussing exclusively on toys. The name of the owner was Bart Smit, which is also the origin of the chain's name. Until 1995 the chain was known as "Speelgoedpaleis Bart Smit" (Toy Palace Bart Smit).
Blokker Holding sold Bart Smit, Toys XL and Intertoys to British investor Alteri in October 2017.
- Personeel Bart Smit leert pc's te verkopen, De Volkskrant, 1997-10-16
- Binnen twee maanden is ook Bart Smit verleden tijd, NOS, 2017-2-7
- "Intertoys en Bart Smit in buitenlandse handen". De Limburger. October 12, 2017. Retrieved November 4, 2017.