When your child uses a kid-targeted website for Barbie, Dora the Explorer, Neopets, Nerf, or Nickelodeon, federal law limits what information can be collected. But an investigation by the New York state attorney general found that some of the biggest names in toys and kids’ entertainment were violating that law by collecting information from their young users without authorization, and by allowing third parties to track users’ behavior across the internet. [More]
Imagine a world where G.I. Joe marries Barbie (or Ken) and then they both drive off in their Hot Wheels car to their My Little Pony ranch — and all these products come from the same company. It’s a possibility, with Mattel and Hasbro reportedly chatting about merging the contents of their respective toy chests.
The owner of an elderly cancer-stricken canine says she was just hoping for some wagon-building advice from Home Depot employees but she ended up with something much more — a custom-built cart for her ill furry friend. [More]
When families go on vacation, parents get to drive around a shiny and different vehicle, but what do kids get to drive? Nothing! It happened that toy-maker Mattel and car-renter Europcar are clients of the same ad agency, and they formed an interesting idea: what if there were a counter where children could rent cars, too? Pocket-sized cars, that is. Hot Wheels. [More]
What should you do when the bank is closed, you need some cash, and there’s no ATM handy that doesn’t charge piles of fees? Sure, you could join a bank with no local branches that refunds ATM fees, like USAA, Schwab, or Ally. Some local banks do this, too, but if the branch isn’t open, you can’t go open a new account. That’s when you open an account at the Bank of Hot Wheels. [More]
Rick’s daughter had a question about her toys. She wanted to know why some Hot Wheels cars have drivers, and why some don’t. Instead of just making up an answer or saying that he didn’t know, he sent a quick e-mail to Hot Wheels maker Mattel. They sent her back what was probably a form e-mail, but still surprised and delighted Rick. There was another surprise, too.
Mattel’s revenues are down by 19%. Toy sales from summer movies and flagship product Barbie and Hot Wheels are down. However, the company reported today that profits are way up. So what explains the profits? Blame a visit from Price Hike Barbie.