January 2001
EToys says met with creditors on restructuring (Reuters Securities)
Posted Friday, January 26, 2001
Troubled Internet toy retailer eToys Inc.(NasdaqNM: ETYS - news ) on Thursday reported an $85 million net loss for the fourth quarter that leaves it with only enough cash to fund its business until about the end of March.
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Children's Toys Predict Future (NewsBytes)
Posted Friday, January 26, 2001
You can foresee the technology that will be invented in the 21st Century by looking at the toys children are playing with now, because today's kids will be inventors 15-20 years from now.
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Playskool Recalls 12,500 Busy School Bus Toys (Reuters)
Posted Friday, January 26, 2001
A possible choking hazard prompted the recall on Monday of about 12,500 Busy School Bus toys by US toy-maker Playskool.
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eToys unable to pay some bills (CNet)
Posted Friday, January 19, 2001
Struggling online company eToys acknowledged Thursday that it has stopped paying some creditors, including a temporary staffing agency that says it is owed $2 million.
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K-B Toys Announces Three Appointments to Vice President (PR Newswire)
Posted Friday, January 19, 2001
K-B Toys, the nation's largest combined mall-based and online specialty toy retailer, announced today the appointment of three new Vice Presidents.
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JAKKS Pacific sees earnings falling short of estimates (Reuters Securities)
Posted Friday, January 19, 2001
Toy company JAKKS Pacific Inc. on Tuesday said it expects to miss Wall Street earnings forecasts for the fourth quarter amid the assimilation of recent acquisitions.
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McDonald's deepens Disney ties with new restaurant (Reuters)
Posted Friday, January 19, 2001
McDonald's Corp., the world's largest restaurant chain, is deepening its alliance with entertainment conglomerate Walt Disney Co. through a new restaurant and more marketing programs, McDonald's USA President Alan Feldman said Monday.
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Hasbro Announces Fourth-Quarter Conference Call Webcast On February 8th.
Posted Tuesday, January 16, 2001
Hasbro, Inc. today announced that it will webcast its fourth quarter and full year conference call via the Internet. The call will take place on Thursday, February 8, 2001, at 9:00 a.m.
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Scooter sales, prices crash as trend slows (Reuters Securities)
Posted Tuesday, January 16, 2001
After a swift run as the toy of choice for American kids, sales of the formerly high-flying scooters are drying up, leaving retailers with stacks of them at discounted prices.
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Rough Year for Smith Barney Allocation Growth (Morningstar.com)
Posted Tuesday, January 16, 2001
Foreign, high-yield stakes help sink returns.
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Lego To Develop Games for Microsoft (Associated Press)
Posted Tuesday, January 16, 2001
Lego has signed an agreement to develop games for Microsoft Corp.'s new Xbox video game console and to create online activities for the children's section of the software giant's Web sites.
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BRIO Announces Restructuring to Ensure Profitability; Slow Sales and Market Slowdown to Blame.
Posted Thursday, January 11, 2001
BRIO Corporation today announced a major company-wide restructuring.
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Grand Toys International Announces Management Changes (Canada NewsWire)
Posted Thursday, January 11, 2001
Grand Toys International, Inc. today announced that Ian Bradley will become President and Chief Executive Officer of Grand Toys International, Inc, and Grand Toys, Ltd., on January 16, 2001.
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EToys Slashes Staff by 70% (The Industry Standard)
Posted Thursday, January 11, 2001
EToys, once the darling of e-commerce companies, slashed its staff by 70 percent Thursday as it continues to search for a buyer. The company also will shut down its U.K. site Jan. 19 and will soon after shut down its European operations.
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Toys R Us U.S. holiday same-store sales up 3.5 pct (Reuters Securities)
Posted Thursday, January 11, 2001
Toys R Us Inc. said on Thursday that its holiday same-store sales in the United States rose 3.5 percent, which the toy retailer attributed to the strength of its merchandise as well as improvements in customer service and the amount of goods in stock.
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Zany Brainy Reports Sales for 2000 Holiday Selling Season (Business Wire)
Posted Thursday, January 11, 2001
Zany Brainy, Inc., the leading specialty retailer of high quality toys, games, books and multimedia products, today reported that holiday sales for the eight week period ended December 24, 2000, including Internet and catalog sales from Zany Brainy Direct, grew to $169.0 million compared with sales of $158.6 million for the comparable period in 1999.
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EToys says to shut down in Europe (Reuters Securities)
Posted Thursday, January 4, 2001
Online toy seller eToys Inc, battling in the U.S. to stay afloat, said on Wednesday it was pulling the plug on its European operations.
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Play Co. Toys & Entertainment Corp. Announces 18% Sales Increase In Holiday Season
Posted Thursday, January 4, 2001
Play Co. Toys & Entertainment Corp. announced today that its retail store sales for the month of December through Christmas grew by approximately 18% over the same period in 1999.
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Amazon and Toys 'R' Us Take E-Holiday Prize (NewsFactor)
Posted Thursday, January 4, 2001
E-tail giant Amazon.com (Nasdaq: AMZN) and retail partner Toys 'R' Us (NYSE: TOY) dominated the online shopping arena this holiday season, according to a report released Tuesday by Nielsen//NetRatings.
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