So I’m getting ready for tomorrow’s segment on hot trends in toyland. It may be outside which always gives the segment a different feel than being inside with kids playing on the cozy rug.
One of the biggest trends we’ve been watching all year — prices of toys going up 10-15%. Most manufacturers point to the multi-layered safety testing they’re required to do (very expensive) and just the general increase in production costs (largely due to fuel prices) as the main sources of the price hikes.
The good news – always looking for that silver lining…is that with the economy so weak and with inventories that have to be moved–you’ll find toy prices slashed.