Care Bear toys have gotten several “new lives” since they made their debut in the 1980’s. As one of the most beloved and sought after toys of that era, it’s no wonder they didn’t disappear for long.

It was a major crisis. Three-year-old Edith Arnold’s purple bear was missing. Sure, it was just one of those stuffed toys tossed by the thousands from Mardi Gras floats. But to Eddy — that’s what her ...