Word: bigs
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Dates: during 2000-2009
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...launched in toys and electronics, with Walmart's chief merchandising officer, John Fleming, proclaiming, "We're going to be the price leader for this holiday season." Best Buy's executive vice president of customer operating groups, Mike Vitelli, says his company will match competitors "dollar for dollar." (See 10 big recession surprises...
...Zhus selling so well? First, they cost less than $10, a price that is right for the times. This season, families are looking for small, low-cost collectible toys instead the big-ticket item. "There isn't a hell of a lot of high technology in the Zhu Zhu Pets," says Sean McGowan, a toy-industry analyst at Needham & Co. "That's how they are so damn affordable." (See pictures of people shopping on Black Friday...
...Pets don't have the benefit of a television show or movie providing free promotion for the brand. Nor do they have access to the cash that one of the big toy companies, like Mattel or Hasbro, can provide. The Zhu Zhu Pets are a small-business success story. The toys are made by Cepia, a seven-year-old St. Louis, Mo., company with only 16 employees. "It's fascinating, as you talk to executives from other toy companies," says Storch. "They are thumping themselves on the side of the head, wondering, 'How did I miss this...
...He’s a talented guy. When he gets opportunities, he knows what to do with them,” said Harvard coach Ted Donato ’91. “I’m very happy for him, obviously. It was a big boost to our team to have him step up and have a great game...
...came out in the first half and had a low shooting percentage, but we were able to come back from a big deficit,” Alemany said...