Weak holiday toy sales feared: Gas prices, the economy, and lack of a must-have product may hurt

Article Abstract:

The top two toy manufacturers Mattel Inc. and Hasbro inc. are expecting a decrease in their sales due to increase in gasoline prices and uneasiness over the economy which may make the company suffer as the consumer attempt to spend less in holiday. The Mattel reported that the net sales for the 2004-quarter were 41.67 billion, which is less by 2 percent from $1.70 billion in 2003.

Sales, profits & dividends, Games, Toys & Children's Vehicles, Game, Toy, and Children's Vehicle Manufacturing, Games, toys, and children's vehicles, Economic conditions, Company sales and earnings, Company earnings/profit, Toy industry, Mattel Inc., Hasbro Inc.

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Why we tend to take fuel prices personally

Article Abstract:

The disproportionate effect of persistently high gasoline and oil costs on American's sense of economic well-being is discussed. A report states that high fuel costs have led consumers to change their buying habits.

Forecasts, trends, outlooks, Petroleum Refineries, Consumer Expenditures, Private Households, Petroleum refining, Gasoline, Stationery stores, Consumer Exp-Stationery,Writing Suppl, Consumer Expend-Food & Tobacco, Consumer Expend-Health & Recreation, Consumer Expend-Reading & Recreation, Economic aspects, Forecasts and trends, Market trend/market analysis, Consumer spending

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