Saturday, Dec 15, 2007
Kids without toys as credit crunch bites.
Telegraph: Credit crunch hits retailers' Christmas toy sales
As Christmas draws near toy sales are down. The credit crunch is biting and every sector is being hit. Bad time for retailers Laura Ashley was the latest to warn yesterday.
Posted by doomberger @ 08:48 PM (713 views) Add Comment
12 Comments
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1. Cheekie Charlie said...
Yes. This is a great excuse to give my nipper an apple for Christmas. No more Thomas the tank. Never mind he'll be able to inheret all my vast real estate when I go for the kill in the next few years.
2. japanese uncle said...
Revival of conkers! Kids can devise anything without expensive toys.
3. Jammo said...
Isn't it funny how a few months ago ordinary folks were being actively encouraged to buy a house at (n = place) hundred thousand pounds a pop, but now the masses can't afford £20 for a toy? I'd personally like to see the evil financial model itself overhauled and heads to roll. This is truely sick if indeed it is true. Too long have sweaty, sleazy, caffeine/coke breathed sales people from the city lorded it over us, it's about time they were weeded out and replaced by educated economists. It really galls me, sorry. And I don't even have a noticable debt burden. This is the 21st century. Sack the lot of em, and give the people their freedom back.
4. dohousescrashinthewoods said...
Hear hear - we may be about to see the return of innovation, childrens' play - and happiness. Expect to see Britain rise up that Unicef ranking even as the economy and the associated far-eastern nik-naks it was made up of hit the bin rather than the Christmas tree.
There is hope after all.
5. alan said...
Lets all wake up and smell the coffee!
We can't just Spend, Spend, Spend. There is a reckoning. A bill to be paid. Only a few months left before the next phase of the crunch hits us.
This Christmas we can't just max out the credit card and let it run thru 2008. Yes, this Christmas is different.
Can you smell the coffee?
6. Sold My Soul To The Never Never Never said...
I shop at a well known discount supermarket and this month it has been exceptionally quiet. The only thing that I can put it down to is that it does not accept credit cards. Last Thursday it had well known brands of toys going for half price and nobody was touching them. A couple of years ago they would have been flying out of the door!
Enough said.
7. Fedupwithhouseprices said...
You can't get Nintendo DS Lites anywhere. They're all sold out!
8. planning4acrash said...
Maybe some of these parents should spend less time at work, buy less toys, waste less on their house and actually get off their arses and take their kids for a walk in the countryside or take them to the park, etc.
9. tyrellcorporation said...
A recent report stated that 4.4 million brits still haven't piad for last year's presents! Oh dear!
10. planning4acrash said...
Many people haven't paid for anything, that's what happens when debt exceeds GDP. The only way to pay it off is to default or get in more debt to pay off the old debt.
11. sold out said...
This could be the last christmas binge for a lot of people.I hear amy winehouse is going to have a big old drugfest before she goes into rehab next year.Looks like the great british public is also going into financial rehab in 2008 now that their fix of easy credit has been taken away.For Amy it will only be for a month or so,(if she can last) for the public its going to be a lot longer.
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