On October 21, 2009
Toys”R”Us Troubles, Walmart Scrutiny Signal Holiday Tension
Fun and frolic are not going to be on the agenda of retailers this holiday season, one that is getting more serious by the day. Particularly for retailers that might get hit hard or that might score big, the season is looming like an oncoming locomotive, and it isn’t just retailers who are taking an interest. ABC news has been reporting that the Federal Trade Commission is stepping up an investigation of baby product price fixing against Toys“R”Us. The investigation follows lawsuits filed on behalf of consumers and online retailers alleging price fixing on the products. Toys“R”Us promised ABC that it would defend itself in court and cooperate with the FTC as it denied the charges. An FTC investigation, though,…
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