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Toy Wonders & Blunders

By Jenny Merkin and Shauna Miller

Image credit: amazon.com

FLOPS
The New G.I. Joe
Introduced: 1977 & 2009


Hasbro pioneered the concept of the “action figure” in 1969 with its 11 ½-inch G.I. Joe, which sold very well in the early post-Vietnam years. But in an attempt to update his image, Hasbro made a few fateful changes in 1977: after shrinking Joe down to match competing toys, Hasbro stripped him of his military title and added an ill-conceived leotard. Sales lagged, and Joe was soon returned to G.I. duty. Thirty years later, toy-watchers anticipated a Transformers-level hit with tie-in toys for the G.I. Joe: The Rise of Cobra live-action film. But even with arm-mounted rocket launchers, Joe couldn’t touch the success of robots in disguise, says Annicelli.

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