Toymakers Disappoint, Warn on Holidays
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The two top US toymakers posted disappointing third-quarter results on Monday, citing uncertainty in the economy and cautious retailers, and tempered expectations for the crucial holiday season.
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Warnings of a poor Christmas for High Street retailers in the UK are unduly pessimistic, according to accountants Deloitte &Touche.
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Toy maker apologises for blaming Chinese suppliers over a spate of recalls of substandard products.
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As computers and hand-held electronic gadgets eats into sales, this holiday season promises to be an especially competitive one for toymakers.
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Many U.S. retailers are expected to  report disappointing December sales later this week, hurt by  everything from the challenging economy to unfavorable weather  to the calendar, which shifted more holiday sales to November.
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Toys R Us Inc. , which is selling its toy business, will "strongly discourage" suitors from trying to buy only the choicest parts of the company when they submit a second round of bids after the holidays, sources familiar with the situation said on Wednesday.
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Many U.S. retailers are expected to report disappointing December sales later this week, hurt by everything from the challenging economy to unfavorable weather to the calendar, which shifted more holiday sales to November.
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Faced with an uncertain future, the toy retailer trims losses and prepares for the holiday season.
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LOS ANGELES - Toy makers and major retailers are bracing for potentially weak Christmas sales this year amid concerns that consumers, many squeezed by skyrocketing gas prices or uneasiness over the economy, will spend less on holiday shopping.    On Monday, No...
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Mattel  has only itself to blame  for a huge toy recall that has stoked global alarm about  Chinese-made goods, state media said on Thursday, charging that  a slew of foreign safety scares had exposed a protectionist  agenda.
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This year is shaping up to be a dud for amusement parks and other hangouts.
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As the holiday season gears up, consumer advocates are again warning parents to do their homework and be vigilant about keeping dangerous toys out of the hands -- and mouths -- of kids.
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WASHINGTON - A timely reminder from the government: Check those holiday shopping lists to make sure no recalled children&#39;s toys are on them.
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Analysis: The company admits that most of its toy recalls were due to its own design flaws, not Chinese manufacturers. Lesson: Mattel needs China as much as China needs Mattel
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let alone come down from the sugar rush - but for the toy industry, the focus is all about Christmas. Yesterday, trade magazine Toy Wishes
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Cutthroat competition and a possibly slow holiday put Mattel in time-out.
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The Consumer Products Safety Commission is the supposed watchdog of toy safety. But it has no teeth