December 2000
Choking Hazard Behind Bathtub Fish Toy Recall (Reuters)
Posted Sunday, December 31, 2000
Over 370,000 squirting fish bath toys are being recalled after 3 reports of infants choking on the plastic playthings.
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Play-By-Play Toys & Novelties, Inc. Reports Fiscal 2001 First Quarter Financial Results
Posted Monday, December 25, 2000
Play-By-Play Toys & Novelties, Inc. today announced results for the 2001 fiscal first quarter ended October 31, 2000.
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Third Quarter Results Reflect Investment in Irwin Toy's Long-Term Growth
Posted Monday, December 25, 2000
Irwin Toy Limited today announced net earnings of $118,000 or 2 cents per share for the three months ended October 31, 2000 compared with net earnings of $1,247,000 or 24 cents per share for the corresponding period last year.
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Toys 'R' Us Appoints Nancy Karch as an Outside Director (PR Newswire)
Posted Monday, December 25, 2000
Toys R Us, Inc., today announced the appointment of Nancy Karch to its Board of Directors.
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eToys' Survival As An Independent Looks Slim (Reuters)
Posted Monday, December 25, 2000
eToys Inc.'s (ETYS.O) chances of survival as an independent online toy seller look slim, analysts say, after the stock price plunged to pennies a share, and it said make-or-break holiday sales would be worse than expected.
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Irwin Toy profits decline sharply in third quarter (Reuters Securities)
Posted Saturday, December 16, 2000
Irwin Toy, whose president resigned unexpectedly two weeks ago, reported a sharp decline in third quarter profit on Thursday even as its revenues rose.
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eToys Warns on Earnings, Plans Layoffs (Reuters)
Posted Saturday, December 16, 2000
Online toy seller eToys Inc. (ETYS.O) on Friday warned that its fiscal third-quarter sales would fall short of expectations due to weaker-than-expected holiday buying and said it was exploring a merger, asset sale or other restructuring.
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Russ Berrie CFO leaves, warns of soft sales (Reuters Securities)
Posted Saturday, December 16, 2000
Gift maker Russ Berrie & Co. Inc. said Thursday Chief Financial Officer Nicholas Truyens had resigned, just five months after joining the company from toy giant Lego Co., and that sales for the fourth quarter would be lower than expected.
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Revenge Of The Toy Robots (Forbes.com)
Posted Saturday, December 16, 2000
Danger, Will Robinson. Vintage toy robots may look cheap but are actually worth thousands of dollars.
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Hasbro to sell interactive units, sees 2000 loss (Reuters Securities)
Posted Monday, December 11, 2000
Hasbro Inc. said on Wednesday it will sell two interactive software units and cut its cash dividend, saying it expects a poor fourth quarter to keep earnings below Wall Street estimates.
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Thousands of Poppin' Pals, Alphabet Pals Toys Recalled (Reuters)
Posted Monday, December 11, 2000
The US Consumer Product Safety Commission (CPSC) and children's toy manufacturer Playskool have announced the recall of 170,000 Sesame Street Busy Poppin' Pals toys believed to pose a choking hazard to children.
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Consolidated Stores Sells K-B Toys (Associated Press)
Posted Monday, December 11, 2000
Closeout retailer Consolidated Stores Corp. said Friday that it has sold its K-B Toys division to an investment company affiliate for $305 million.
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RoseArt Industries Signs on With the NBA as a New Licensee (PR Newswire)
Posted Monday, December 11, 2000
RoseArt Industries announced the signing of a licensing agreement with NBA Properties, Inc to develop a new line of player identified stationery and back to school, arts and crafts, activity toys, and slumber bags.
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Zany Brainy, Inc. Announces Third Quarter Results (Business Wire)
Posted Tuesday, December 5, 2000
Zany Brainy, Inc., the leading specialty retailer of high quality toys, games, books and multimedia products, today announced financial results for the third quarter ended October 28, 2000.
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Empire of Carolina CEO Timothy Moran resigns (Reuters Securities)
Posted Tuesday, December 5, 2000
Toy manufacturer Empire of Carolina Inc. said Friday that Timothy Moran resigned as chief executive of the company and its subsidiaries, effective Nov 29.
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The Ohio Art Company Reports Operating Results for the Third Quarter (Business Wire)
Posted Tuesday, December 5, 2000
The Ohio Art Company,, today announced operating results for the third quarter and nine months ended October 31, 2000.
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Janex International, Inc. to Acquire DaMert Company-Projects Added Revenues
Posted Tuesday, December 5, 2000
Janex International, Inc., today announced that it has signed a new, definitive agreement with the DaMert Company, Inc., under which Janex will acquire DaMert for a combination of stock and cash.
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Play Co. Toys & Entertainment Corp. Announces Opening of 3 New Stores (PR Newswire)
Posted Tuesday, December 5, 2000
Play Co. Toys & Entertainment Corp. announced today that it opened the final three stores planned for the year.
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Consolidated Stores Corporation Reports November Retail Sales
Posted Tuesday, December 5, 2000
Consolidated Stores Corporation today reported retail sales from continuing operations for the four weeks ended November 25, 2000, were $326.0 million, a 6.1% increase compared to retail sales from continuing operations of $307.2 million for the same period of fiscal 1999.
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