By Jackie Burrell
Wednesday, July 30th, 2008 at 12:51 pm in Finances.
And to think that last year, all we could think about was purging our toy boxes. Now comes a warning that strikes directly at the pocketbook. Toy retailers are anticipating a 15 percent hike on the price of playthings this fall. Not just swanky toy shops, either – we’re talking Toys R Us, K-B Toys, even Costco. Blame energy costs, downgraded dollars, increased labor expense – does it even matter at this point? And it’s not just toys. You can expect to pay significantly more for holiday ornaments, luxury items and all those things you wrap in pretty boxes each December.
So what’s a family to do? Shop Christmas or Hanukkah in July? Make homemade gifts? Click “comments” and tell us, what will you do? And if it’s homemade gifts, we definitely want to hear about those.