FurReal Friends Impact on Comsumer Buying Habits
December 2002 - Hasbro, Inc. develops the very popular FurReal Friends cat. Holiday shoppers frustration levels rise as they seek out the highly coveted Cat, Kasey the Kinderbot and Chicken Dance Elmo. The makers of the second largest toy manufacturer in the world say they would rather run out of the popular toy than have left over inventory.
July 2003 - FurReal Friends helps Hasbro, Inc emerge as a success. Being compared to the Transformers toy rage in the 1980's, these animals top the list on consumer gift lists.
Gotta Have Them NOW!
- FurReal Friends Review
- A complete review of the most popular FurReal Friends toys.
Hasbro, Inc. Continues Their Large Portfolio Growth
February 2004 - Hasbro, Inc. boost revenue growth by 11.4% making the toy their leading marketing piece.February 2005 - Hasbro, Inc. (NYSE: HAS) shows off at New York's 2005 toy show bring the FurReal Friends My Playful Pup; It is adored by fans of all ages.
November 2006 - in an interview with Toy Wishes, a consumer publication, Scott McCall states that "Butterscotch has exceeded our expectations." McCall is Wal-Marts chief toy officer. The shelves are once again left empty by consumers driving Hasbro, Inc. Stock Prices.
October 2007 - Hasbro Inc. CFO David Hargreaves, submits third quarter revenue of $1.2 billion up 18% due in large part to the continued success of the FurReal Friends collection.
July 2008 - Hasbro, Inc. continues their large portfolio growth by extending the Friends product line with more sophisticated "pets."
The 2008 Holiday shopping season should once again make the FurReal Friends collection a hot buy. Although the increased complexity of the robo-toy will also raise prices, the availability of the $12 - 50 range still maintains a strong demand.
Toys and Technology
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