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| | From: NHYankee (Original Message) | Sent: 10/14/2008 3:30 PM |
The discount retailer, which earlier this decade aggressively grabbed a bigger share of the toy market, prepares for the year-end holidays by slashing prices on 10 popular toys to $10. Retail price wars are starting early this year, and the latest weapon is the $10 toy -- a signal that retailers are bracing for a rough-and-tumble Christmas shopping season. Wal-Mart Stores, hich accounts for more than a fourth of U.S. toy sales, recently sent a clear message that it won't be undersold when it announced 10 well-known toys, including some Barbie dolls and Hot Wheels car sets, for $10. KB Toys, the nation's largest mall-based toy seller, by stores, told Wal-Mart to bring it on. It cut prices to $10 or less on more than 200 toys, including other Hot Wheels sets, Matchbox cars and classic games like Yahtzee. More at: http://articles.moneycentral.msn.com/Investing/Extra/wal-mart-ignites-a-toy-war.aspx |
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We were introduced to the new Elmo this morning during our meeting.He is adorable and only $60-65.00.Caugh, caugh choke choke.I think I will buy 5 of them. |
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A man tried to buy all the Elmo's we had, the night that he was released. He got into an argument with the 3rd shift Toys assoc, and now she has been suspended! They were yelling very loudly, and he claimed she threatened him with a box-cutter. Everyone who knows her, feels that this is total bull****; but they have to view the tape. The guy said he was a vendor, and that there was no published limit on the Elmo's. I don't think he got any, but he may have come back later. Yesterday morning, we had 3 left. I have a "friend" who is planning to buy some and then sell them on e-bay. She was indignant that the guy was trying to buy them all that night--because he was just going to keep them and sell them on e-bay. Not really sure how that's different than what she plans to do! Mad |
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I noticed the new Elmo last night too. He says Elmo loves you and blows kisses. He does other things too. I am a sucker for Elmo. I think he is a little pricey. They were not selling that fast at my store. I love how Walmart always believes the customer first and never the associate. In America I thought someone was always innocent until proven guilty. There probably is not a working camera nearby so she will be in big trouble. She probably had her cutter out since she was putting up stock and did not have the blade sticking out and unfortunatly she may have come off wrong. |
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She was in the wrong; if there was no limit on them (which Walmart is not 'supposed' to have) and they were on the sales floor, he had every right to buy them. She will most likely get terminated for that fact alone and also the arguing with him, forget about the box cutter. |
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We didn't put ours out untill 7am,and then we only put two out at a time. |
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Earlier this year, and even last year, we had problems with many people coming in and buying up all the Wii units we had in stock. Market office and store management put a stop to that by limiting it to one unit per customer per day. Part of the problem was caused by associates buying the stuff while on the clock. One guy got fired over that and the rest got coached within an inch of their jobs. |
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A buddy of mine is the Toy dept mgr at my store, and she went to scope out KB Toys. She said the toys they discounted seemed to mostly be the really cheap, stocking stuffer type toys. She also said that on the more expensive toys, they were still higher than W*M. Mad |
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