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Wal-Mart Stores, Inc. (NYSE: WMT) is not resting on the recent bad news that millions of defective toys from Mattel, Inc. (NYSE: MAT) and Fisher Price were sold in its stores. As such, the world's largest retailer has now said that it will re-examine safety reviews from designers and manufacturers of the toys, as well as increase the independent testing it performs on the toys.

This is a good move for Wal-Mart, and if any retailer does not follow suit and create some kind of program to put toys it carries through rigorous testing as well, then it probably does not deserve your business. It's true that toy makers should have already eliminated problems with toys that led to recalls, but retailers are the last bastion before those products reach consumers. Think about it this way: are you a Wal-Mart customer or Mattel customer? My guess is that you answered Wal-Mart, and that fact makes the retailer in need of a review process for toy items it stocks on its shelves.


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Mattel toy recall: Wal-Mart (WMT) steps up toy inspection efforts originally appeared on BloggingStocks on Fri, 24 Aug 2007 10:55:00 EST. Please see our terms for use of feeds.

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