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.