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October 10, 2008 2:51:16 PM CDT

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Prices in Toyland Are Going Up

Posted Sep 14, 07 7:04 AM CDT in Business,  US 

(Newser) – Toyland is about to become a more expensive place, as price hikes of 10% or more kick in to pay for heightened vigilance by toy makers following the recall of millions of lead-tainted and otherwise unsafe playthings imported from China. The added costs, which  won't kick in until after Christmas, will pay for independent lab testing which American manufacturers and retailers are scrambling to put in place.

AP reports a frenzy of emergency testing as companies attempt to insure the safety of playthings on their shelves. Toys "R" Us  and Disney both said this week they would  test every product that carries their brand. Anticipated federal regulation may also contribute to higher prices next year.  

Source Associated Press

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A worker solders the parts for toys at the production line of Dongguan Da Lang Wealthwise Plastic Factory in Dongguan, China Tuesday Sept. 4, 2007. Stung by global recalls, China opened a toy-testing...   (Associated Press)
Workers assemble toys at the production line of Dongguan Da Lang Wealthwise Plastic Factory in Dongguan, China in this Sept. 4, 2007 file photo. Soon, American consumers are going to have to bear the...   (Associated Press)
Workers assemble toy cars at the production line of Dongguan Da Lang Wealthwise Plastic Factory in Dongguan, China in this Sept. 4, 2007 file photo. Soon, American consumers are going to have to bear...   (Associated Press)
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China  • Wal-Mart  • Disney  • recall  • toys  • Mattel  • lead  • Barbie  • price  • Toys 'R' Us


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