Toy Prices Going Up in June ‘08
Many American families are already digging deep to pay for gas and food. Now they can add toys to the list of products they will be paying more for in 2008.
Mattel , the world’s largest retailer and maker of iconic toy brands such as Barbie, Hot Wheels and Elmo, said Monday that the company will raise prices for its brands in the mid-single digits by June. Hasbro has predicted price increases as well.
They will raise retail prices mid-year to offset the rising cost of raw materials, production and lawsuits.
Fun fact! Jill wrote this story just for you on April 23rd, 2008 |
