Power Wheel repairs go slow in Elyria
Parents face long waits as Fisher-Price recalls 10 million Power Wheels from 1984 to 1998 for faulty wiring. With only 4,000 repair kits produced, Parma and Brooklyn Heights centers show 1,500 and 400 waiting lists. Centers warn of months or years needed to fix the toys. customers urged to stay patient.
MENTIONED IN THIS ARTICLE
Elyria
David Baeder
Baeder
Brittany
Fisher-Price
Parma
Brooklyn Heights
Raeder
Fred Hushea
Major’s Appliance
Hushea
Philips Magnavox
Allen Taylor
Laurie Oravec
Oravec
Brittany Raeder
Elyna
Patrick
Wells Fargo
Albagli
Albagh
New childhood sophistication shifts toy industry trends
New Jersey mother notes kids prefer high tech and makeup over traditional toys as 6 to 11 year olds demand interactive Furby dolls and video games. Industry leaders warn 1998 holiday sales may stagnate after a strong 1997 year, with limited blockbuster hits like Furby and Blue's Clues products driving demand.
MENTIONED IN THIS ARTICLE
Furby
Peterpaul
Nintendo
Toys R Us battles to win back shoppers and market share
Toys R Us faces a tougher toy market as rivals Wal Mart Kmart and Target broaden toy sections and shoppers favor one stop stores. Analyst Sean McGowan notes toys no longer top consumer lists as the chain’s market share slipped to 18.4 percent last year from 18.9 percent in 1996.
MENTIONED IN THIS ARTICLE
Sean McGowan
Gerard Klauer Mattison
Toys R Us
U.S
Wal- Mart
Kmart
Target
Christina Morales
Bronx
New York
NPD Group
Port Washington
N.Y
Wal-Mart
Roth IRA conversion question provokes mixed plans
The article follows David Albagh a Menlo Park scientist who converts his traditional IRA to a Roth IRA citing tax free future earnings and a long horizon. Banks report low conversion rates with a Dec 31 deadline looming.
MENTIONED IN THIS ARTICLE
New York
David Albagh
Menlo Park
Calif
Albagh
Roth
Also Mentioned on This Page
The
Consumer Product Safety Commission
Power Wheels
Janice Peterpaul
Warren, NJ
Michael Glazer
K-B Toys
Terri Bartlett
Toy Manufacturers of America
TMA
Furbys
Gremlin
Mattel
Happy Holidays
Barbie
Sing Along
Blue
Weils Fargo Bank of San Francisco
Dan Hiiken
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