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This Year's Hot Toy: Squinkies

If your kid absolutely needs one, you may be out of luck

By Evann Gastaldo,  Newser Staff

Posted Nov 25, 2010 1:19 PM CST

(Newser) – Every year, there’s some toy that—often inexplicably—leaps off the shelves long before Christmas. This year, it’s the Squinkies. Toymaker Bill Nichols developed the tiny, squishy rubber characters (which come packaged vending-machine-style, in plastic bubbles) last year, figuring they would sell well in a struggling economy. And they did: The toys, which cost $10 for a pack of 16, are sold out at Wal-Mart and other stores, and Nichols is having a hard time meeting demand.

Nichols’ Blip Toys is nowhere near a toy giant—it has just 16 employees and is eight years old—but he saw an opening for “innovation” in the small-doll aisle, he tells the New York Times. By creating hundreds of characters, he made the toys collectible, and then sent samples to more than 300 “mommy bloggers” to drum up interest. Everyone loved them—and now Nichols is trying hard to capitalize on his success, realizing that his window of opportunity is limited: “Kids move on very quickly,” he says.

This product image provided by Toys R Us, shows Squinkies, bottom, and the Cupcake Surprise Bake Shop, from Blip toys.
This product image provided by Toys R Us, shows Squinkies, bottom, and the Cupcake Surprise Bake Shop, from Blip toys.   (AP Photo/Toys R Us)
Squinkies are shown in an image from the Squinkies.com official website.
Squinkies are shown in an image from the Squinkies.com official website.   (Squinkies.com)
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