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Article: S&P Equity Research Sees Toy Sales Slowing in Face of Adversity, Competition.
- Article from:
- PR Newswire
- Article date:
- December 10, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Consumers choosing to look at other options this Holiday season
NEW YORK, Dec. 10 /PRNewswire/ -- Standard & Poor's Equity Research Services' survey of consumer spending and attitudes for the Holiday season shows that the toy industry may have a sub-par showing, as shoppers opt for electronic entertainment device purchases. Standard & Poor's believes this is the result of the noticeable absence of must-have toys combined with the fallout from numerous well-publicized product safety recalls. These were among the findings from the survey conducted for Standard & Poor's Equity Research by InsightExpress. This affirms the view that toy demand will likely abate this ...