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Interesting article on AOL tonight


BFQueenofNY

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About the price of gas and what looks to be a weak holiday season coming. Judging from this piece of the article (I can't give you the link cause if you don't have aol they wont let you read it) we might have an interesting Black Friday toy hunt!:g_dance:

 

 

"Toy retailers, preparing for a difficult season, plan big discounts and other promotions.

 

"It's going to be extremely competitive to draw customers to their stores," said Jim Silver, editor-in-chief of Toy Wishes, a trade publication.

 

Price wars are already under way. Wal-Mart Stores Inc. began by slashing prices up to 30 percent on toys including the latest version of Hasbro Inc.'s electronic pet Furby, and Fisher-Price's "Shout" Dancing Elmo. Toys R Us Inc. responded by lowering its prices.

 

Wal-Mart, hurt last year when it didn't offer enough discounts, is expected to mark down more aggressively this year. Toys R Us, meanwhile, is offering more exclusive toys than it did last year, and other retailers are also ready for a battle to get customers into the store.

 

"We will absolutely be competitive with Wal-Mart this holiday season," said Lena Michaud, a spokeswoman at Target Corp., who declined to elaborate further."

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