That a toy retailer filed for ankruptcy just before Christmas shows how bleak things have become, since such stores make up to half of their sales during the holidays. But analysts expect toy sales this holiday season to be flat or down slightly from last year's total of $10.4 billion, according to market research firm NPD Group, because consumers are cutting back amid the recession.
My Response: If KB Toys had discounts sales such as the one they'll be having this holiday, they prbably wouldn't be going ou of business. KB oys is a nown toy store with a lot of influence in the community. However, over the past years, their influence has slowly decrease little by little. They are no longer ppealing to low income familes, and only seem to have sales around the Holidays.
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