May 2001
Spin Master Recalls Water Rockets (Associated Press)
Posted Tuesday, May 29, 2001
Spin Master Toys is recalling 108,000 water-propelled rocket toys because they can fly in unpredictable directions and injure people.
Read the story
The Ohio Art Company Reports Operating Results for the First Quarter of 2001
Posted Tuesday, May 29, 2001
The Ohio Art Company, today announced operating results for the first quarter ended April 30, 2001.
Read the story
Action Products Reports Increase in 1st Quarter Revenues (PR Newswire)
Posted Tuesday, May 29, 2001
Action Products International, Inc. today reported increased sales and its financial results for the first quarter ended March 31, 2001. The Company reported first quarter sales of $1,657,700, exceeding its 2000 first quarter by 12.8%.
Read the story
Toys R Us Reports $18 Million Loss (Associated Press)
Posted Tuesday, May 29, 2001
Toys R Us, the nation's second biggest seller of toys, reported a larger loss than expected for the first quarter, citing a combination of investments in store remodeling and staff training as well as a weak economy.
Read the story
KB Toys Buys More eToys Assets for $3.35 Million (Reuters)
Posted Sunday, May 20, 2001
Privately held specialty toy retailer KB Toys said on Friday it has successfully purchased more assets of the now-defunct eToys Inc. for $3.35 million, just one month after the company purchased about $5.4 million in inventory from the failed dot-com retailer.
Read the story
Child Products Recalled (Associated Press)
Posted Sunday, May 20, 2001
The Consumer Product Safety Commission announced recalls of several thousand baby changing tables and child activity rockers because of possible defects.
Read the story
Zany Brainy says court approves financing plan (Reuters Securities)
Posted Sunday, May 20, 2001
Zany Brainy Inc., a specialty retailer of educational and non-violent toys, said on Thursday that a U.S. bankruptcy court approved its debtor-in-possession financing plan allowing for a $115 million facility.
Read the story
KB Toys Buys EToys Name (Associated Press)
Posted Sunday, May 20, 2001
KB Toys, which operates 1,300 mostly mall-based stores nationwide, scooped up the rights to the name and well-known Web site of defunct e-tailer eToys at a bankruptcy auction Thursday.
Read the story
Hasbro, Inc. Announces Election of Four Directors (Business Wire)
Posted Sunday, May 20, 2001
Hasbro, Inc. announced that its shareholders re-elected, at their Annual Meeting held today, existing directors Alan R. Batkin, Claudine B. Malone, Carl Spielvogel and Alfred J. Verrecchia.
Read the story
Zany Brainy Files for Chapter 11 (Associated Press)
Posted Wednesday, May 16, 2001
Zany Brainy, the retailer of educational and developmental toys, games, books and multimedia products for children, said Tuesday it has filed for Chapter 11 bankruptcy protection.
Read the story
Toys R Us Suing N.J.Municipality (Associated Press)
Posted Wednesday, May 16, 2001
Toys R Us will ask a judge to stop a New Jersey town from enforcing a law that restricts the retailer's operations on Sundays.
Read the story
4Kids Entertainment Announces First Quarter Results (Business Wire)
Posted Wednesday, May 16, 2001
4Kids Entertainment, Inc. today announced results for the first quarter ended March 31, 2001.
Read the story
Marvel Enterprises Reports Q1 Results (Business Wire)
Posted Wednesday, May 16, 2001
Marvel Enterprises, Inc. today reported financial results for the 2001 first quarter-ended March 31, 2001.
Read the story
Consolidated to Change Its Name (Associated Press)
Posted Wednesday, May 16, 2001
Consolidated Stores Corp., one of the nation's largest closeout retailers with 1,350 stores, is changing its corporate name to Big Lots Inc. as part of an effort to broaden its appeal beyond budget shoppers.
Read the story
DSI Toys Inc. Reports First Quarter Results (Business Wire)
Posted Tuesday, May 8, 2001
DSI Toys Inc. today reported financial results for the first quarter ended March 31, 2001.
Read the story
JAKKS Pacific Announces Proposed Acquisition of 21st Century Toys (Business Wire)
Posted Tuesday, May 8, 2001
JAKKS Pacific Inc. today announced that it executed a Letter of Intent to acquire the business of 21st Century Toys Inc., the Alameda, Calif.-based designer, manufacturer and distributor of 12-inch toy military action figures, accessories and vehicles.
Read the story
Zany Brainy Names New CEO (Associated Press)
Posted Tuesday, May 8, 2001
The troubled educational toy retailer Zany Brainy Inc. has named a new chief executive.
Read the story
Play-By-Play delisted from Nasdaq (Reuters Securities)
Posted Tuesday, May 8, 2001
Play-By-Play Toys & Novelties Inc., a toy designer and maker, said on Wednesday its stock has been delisted from the Nasdaq National Stock Market, but is eligible to trade on the OTC Bulletin Board.
Read the story
KB Toys buys eToys.com inventory for $5.4 mln (Reuters Securities)
Posted Tuesday, May 8, 2001
Privately held specialty toy retailer KB Toys on Thursday said it purchased the inventory of failed online toy store eToys Inc. for about $5.4 million.
Read the story
Hasbro Reports $25M Q1 Loss (Associated Press)
Posted Tuesday, May 8, 2001
Hasbro Inc. reported a greater-than-expected first quarter loss Monday as the company was hurt by declining revenues for its Pokemon and Furby products and the sale of its interactive division.
Read the story
