Toy Safety Act postponed
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Toy Safety Act postponed
In case this hasn't been posted, the toy Safety Act has been stayed (postponed) until some undetermined date. This is the law set to go into effect this month that would require safety and health testing for all toys.
good news....i bet a lot of companies have already spent a fortune getting their upcoming toys tested, however. At least we know the older toys can still be sold with impunity...and hopefully at the very least, the law gets a rethink before it does come to pass.
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from this article:
http://money.cnn.com/2009/02/04/news/ec ... /index.htm
The National Retail Federation (NRF), the largest trade group for the retailers, maintains that the CPSC's ruling to delay testing has "left its members in a state of confusion."
"There are billions of dollars of children's products sitting on [store] shelves," said Craig Shearman, vice president for government affairs with the NRF. "If they decide not to pull products for testing, there's a fear of liability if a product did not meet next week's compliance deadline."
Shearman said the stay on testing doesn't preempt a consumer rights group or state attorney general from doing their own random testing on products sold in stores.
If those products are found to violate the new safety standards, then merchants and manufacturer are likely to incur serious penalties under CPSIA.
Shearman said the most "conservative" estimate of the impact of next week's deadline is that retailers will remove a lot of product from shelves by Tuesday, and much of it will be destroyed.
"This could leave plenty of store shelves bare as of Tuesday," he said.
http://money.cnn.com/2009/02/04/news/ec ... /index.htm
The National Retail Federation (NRF), the largest trade group for the retailers, maintains that the CPSC's ruling to delay testing has "left its members in a state of confusion."
"There are billions of dollars of children's products sitting on [store] shelves," said Craig Shearman, vice president for government affairs with the NRF. "If they decide not to pull products for testing, there's a fear of liability if a product did not meet next week's compliance deadline."
Shearman said the stay on testing doesn't preempt a consumer rights group or state attorney general from doing their own random testing on products sold in stores.
If those products are found to violate the new safety standards, then merchants and manufacturer are likely to incur serious penalties under CPSIA.
Shearman said the most "conservative" estimate of the impact of next week's deadline is that retailers will remove a lot of product from shelves by Tuesday, and much of it will be destroyed.
"This could leave plenty of store shelves bare as of Tuesday," he said.
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http://www.spokesman.com/stories/2009/f ... crambling/
Hasbro Inc. says its products have been in line with the tightened regulations for several years, and major retailers such as Toys R Us say they already meet the new regulations.
“We believe we will be fully compliant when the new law goes into effect tomorrow,” said Toys R Us spokeswoman Kathleen Waugh.
Wal-Mart Stores Inc. and Target Corp. also said they would be compliant with the new regulations by today. They said they had been working with vendors to ensure toys met the rules but declined to say whether or when they had pulled any toys off their shelves.
But small retailers are left scratching their heads and, for products that can’t immediately be verified, using their best judgment of what to take off their shelves.
Hasbro Inc. says its products have been in line with the tightened regulations for several years, and major retailers such as Toys R Us say they already meet the new regulations.
“We believe we will be fully compliant when the new law goes into effect tomorrow,” said Toys R Us spokeswoman Kathleen Waugh.
Wal-Mart Stores Inc. and Target Corp. also said they would be compliant with the new regulations by today. They said they had been working with vendors to ensure toys met the rules but declined to say whether or when they had pulled any toys off their shelves.
But small retailers are left scratching their heads and, for products that can’t immediately be verified, using their best judgment of what to take off their shelves.
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Well that's great
for the cheezeball GI Joe vehicle collectors out there.
Hasbro's stock has been doing well lately.
Soon all we will see is Hasbro and Mattel toys.
Heck that's probably why that's pretty much all I'm seeing at Walmart now.
Makes you wonder who was pushing for this in the first place.

Hasbro's stock has been doing well lately.
Soon all we will see is Hasbro and Mattel toys.
Heck that's probably why that's pretty much all I'm seeing at Walmart now.
Makes you wonder who was pushing for this in the first place.

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all the larger toys companies would have had their toys tested long ago as the deadline wasn't postponed til quite recently.
In fact, i can't see many toy companies who would not have tested their items. Tiny import toys, or craft items probably have not been tested but that is a relatively minor amount of the toys sold.
I can't see this having any affect on WM, TRU etc shelves.
Apparently it is having an effect on goodwills and other thrift places as they are no longer accepting toys for donation because of this new law. See the thread in off topic.
This law clearly needs a rethink and revision but with all the troubles in the economy right now it's going to take a major back seat.
In fact, i can't see many toy companies who would not have tested their items. Tiny import toys, or craft items probably have not been tested but that is a relatively minor amount of the toys sold.
I can't see this having any affect on WM, TRU etc shelves.
Apparently it is having an effect on goodwills and other thrift places as they are no longer accepting toys for donation because of this new law. See the thread in off topic.
This law clearly needs a rethink and revision but with all the troubles in the economy right now it's going to take a major back seat.
i never met an airplane i didn't like...