Michael Araten, president and CEO of K'Nex, told The Washington Times that his firm's sales from Black Friday and Cyber Monday are up 30 percent over last year.
WAGNER: Obama's sad toy story →
Michael Araten, president and CEO of toy manufacturer K'NEX in Hatfield, said he supports the president's approach but disputed Mr. Obama's contention that uncertainty about the negotiations in Congress might hurt the holiday shopping season.
Obama pushes tax hike for families earning more than $250K →
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