RED BANK – The longtime family-owned toy store at 62 White St. known as Toymasters came into the world around the same time the Cabbage Patch Kids craze was born. Toymasters owner Denise Zappoli is selling off inventory and closing the family-run business. Toymasters rents space from neighboring Hobbymasters, which is not closing. Over the years, Thomas the Tank Engine wooden cars rolled in, teddy bears faded away, and the Madame Alexander dolls looked on peacefully from their glass cases. Now, after 33 years, the door is closing. Store owner Denise Zappoli is closing Toymasters to focus on her health. She has put the business up for sale. The store is located in space owned by neighboring Hobbymasters, a landmark in Red Bank since 1974, which will continue to sell trains, drones, science experiments and more for the older set. …show more content…
“Ninety-nine percent of our interactions have been really positive.” Since she made the announcement to close last month, the store has been selling off all inventory at 30-50 percent off. There are plenty of toys left, but some of the typically jam-packed walls are starting to thin out of popular items like Invisible Ink books, Ravensburger jigsaw puzzles and wooden kazoos. Customers rushing in for quick gifts at lunchtime Tuesday said they would feel the loss, especially with the holidays approaching. More Questions on Rt. 35 Holiday Inn Proposal “I’m very sorry. It will be very sad. There is everything here,” said longtime customer Emily Hovnanian of Rumson, as she paid for a boxed
From year 1910 to 1992, this was the private company known as S. Rossy Inc. Till year 1992, it opened 44 stores, then in the year 1992,S. Rossy Inc. was converted into Dollarama by Larry Rossy. Company started growing at leaps and bounds by opening new stores and also by converting existing S. Rossy Inc. stores into Dollarama once. The successor company started its first store at the shopping center “Les promenades du” in Matane Quebec with items offered for just 1 $.
The two primary stakeholders are the company’s customers and employees/suppliers who are directly involving in the company’s business. The two secondary stakeholders who do not engage directly with the business are the general public and environmental activist groups.
Toys had a favorable price variance even though they sold less units then they had forecasted. While the price variance is considered favorable as G.G. Toys received a higher than anticipated price, it can also be considered unfavorable. Charging a higher price for the dolls may likely result in less sales which could be one reason for the difference in quantity. It is also possible that a larger quantity of the higher priced dolls were sold which would result in higher sales dollars but a smaller quantity of dolls. It would be beneficial for G.G. Toys to research the quantity of each doll type sold and their price point to determine if this is
"Kids will be Kids, Even in Ancient Rome: Roman Toys & Games." Grand Voyage Italy. N.p., n.d. Web. 25 Apr. 2017.
I strongly believe that the legitimate power is the most effective one in establishing an ethical climate at Paradigm Toys. To establish a company-wide ethical climate, the company has to have formal power to do so. Expert and referent power are not formal power, so they are not the choice here. Among three formal bases of power – coercive, reward, and legitimate – only legitimate power requires unnecessary surveillance while all of them require all employees to comply with the code of ethics. In other words, coercive and reward power require there is constant surveillance by the influencing agents – i.e. the company’s managers. On the other hand, legitimate power induces the obligation (Raven, 2008). The employees’ recognition
The socialization of children is greatly affected by the toys they are exposed to while growing up. Looking through magazines and walking down the aisles of toy stores it is clear that toy companies are supportive of cultural gender roles biases. Toys designed for girls are commonly found in pink boxes; typically these toys involve housework or taking care of children, for example, dolls and easy bake ovens. On the other hand, “boy” toys are found in blue and black boxes, and a lot of them involve construction and cars.
Despite the outbreak of the First World War, the store strived to give a great service to the public, giving a meaning to the famous phrase “business as usual” (Harry Gordon Selfridge, 1914). During the period of 1919 and 1924, the company started its first expansion in Oxford Street and was selling everything from make-up to toys. So far, over 15 million had shopped in the store.
These past few years haven't quite been all fun and games for John Eyler, chairman and CEO of Toys "R" Us. Shortly after joining the company in January 2000, Eyler set about revamping Toys "R" Us to better compete in the marketplace while brushing up the company's image. But a downturn in the economy together with the effects of 9/11, not to mention the West Coast port lockout, wasn't part of the plan.
Toy World, Inc is a manufacturer of plastic toys for children, founded in 1973 by David Dunton. In the past, the company's production schedules had always been highly seasonal, reflecting the seasonality of sales. Jack McClintock, president and part owner of this company, is considering a proposal to adopt level monthly production for the coming year.
Walmart is one of the well-known children’s toy store in the United States and so, I decided to visit the store nearby my house on Davis Street in San Leandro. The store was pretty clean and less busy during the day. This Walmart is vastly huge; perhaps the reason they placed large department and gender signs over the aisles so these would help shoppers easily locate and get the items they are looking for. As a matter of fact, these department signs (e.g. Baby and Toys) and gender signs (e.g. Girls and Boys) helped me find the toy department quickly.
The 1940’s – 1980’s proved to be a period of change for the company. Retail stores were opened in foreign countries, additional catalog companies were established and Sears Roebuck and Company built a new headquarters in Chicago, Illinois, which at the time was the world’s tallest building (Sears Archives, 2016). In 1980, Sears, Roebuck and Company underwent a period of restructuring, the retail division was renamed the Sears Merchandise Group, the company obtained many other subsidiaries in other areas of business such as financial services and real estate. This era of Sears’ restructuring and acquisitions has remained a questionable period in the company’s successful history.
In 2007, the international toy manufacturer, Mattel, Inc. issued several recalls for millions of their products. These recalls were for safety reasons in that testing at the manufacturing sites and special test laboratories showed that millions of their toys were coated with dangerous amounts of lead in the paint. This lead based paint contains a potent neurotoxin that if ingested can cause serious harm to children. Mattel assured the public that the problem would be solved, the recalled products would be collected and replaced, and that the company would never let this type of incident happen again.
By 1950, Debenhams owned 84 companies and 110 stores with result to be the largest department store group in UK. Debenhams was part of the Burton Group from 1985 to 1998, and during that period the firm was repositioned with the introduction of exclusive merchandise, and its stores increased in number. Then in 1997 the first international franchise store opened in Bahrain [1].
What does the phrase toy safety mean? What are the aspects of the toy safety? Toy safety is ensuring that toys are safe for children according to specific safety standards. Therefore, before manufactures sell their toys to the public, the toys must pass safety tests to prevent injuries. For instance, from a consumer perspective, when choosing toys for their children, there are certain characteristics to observe such as, buying toys large enough to avoid choking, making sure toys like stuff animals seams are reinforced, and checking if any paint is peeling. Unfortunately, there have been times when certain toy products are recalled due to safety issues. This is why toy safety should be the manufacturers’ top priority and must comply with specific safety regulations. Although toy safety concerns continue to occur, toy testing is an essential step for improvements and for satisfying the consumers’ needs, which should be every toy firm’s main goal
Amazon.com Aug 10 2000 Press release Amazon.com and Toysrus.com Announce Strategic Alliance, Available from http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=IROL-NewsText&t=Regular&id=229637&