*No new toy! * Every Christmas , there is always a new toy or a new gadget in the USA. It is touted to be the ‘hottest’ gift for Christmas and has become almost a part of tradition. But this time around, this tradition could be broken. There is simply no new toy for Christmas shoppers!
Shopkeepers are stocking less, leaning on classic items rather than new ones and possibly discounting less in the final days before Christmas. More than half of parents recently surveyed by UBS and America’s Research Group said they felt there was no must-have toy this year, and more than one-third said it was hard to find toys and gifts because nothing was new. Why no news toys? Retailers are blamed for this, fair and square. After loading up on toys in 2010, major stores like Wal-Mart had loads of unsold stock that had to be liquidated in the January time frame. The hit toys currently comprises of an ‘ageless’ list – Legos, Hot Wheels, Barbie. The news is that stock with most retailers has come down sharply and that could mean toys this Christmas could get even more expensive, with no discounts expected. -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
