8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934



                        DATE OF REPORT: OCTOBER 11, 2002


                              ACORN PRODUCTS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



    Delaware                       0-22717                       22-3265462
- ---------------              ---------------------           -------------------
(State or other              (Commission File No.)                 (IRS Employer
jurisdiction of                                           Identification Number)
incorporation or
organization)


                           390 W. Nationwide Boulevard
                              Columbus, Ohio 43215
                                 (614) 222-4400
               (Address, including zip code, and telephone number
                       including area code of Registrant's
                          principal executive offices)



                                      None
          (Former name or former address, if changed since last report)









ITEM 5. OTHER EVENTS.

     On October 16, 2002, the Company issued a press release announcing that it
had received a determination letter from Nasdaq notifying it that it is not in
compliance with Nasdaq's continuing listing requirements. The press release is
included as Exhibit 99 to this Form 8-K and is incorporated herein by this
reference.

ITEM 7. EXHIBITS.

     (c)  EXHIBITS.

      Exhibit No.                     Description

          99          Press Release, dated October 16, 2002, entitled "Acorn
                      Products to Appeal Nasdaq Determination."















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                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                         ACORN PRODUCTS, INC.


Date: October 16, 2002                   By: /s/ John G. Jacob
                                             -----------------------------------
                                         John G. Jacob, Vice President and
                                         Chief Financial Officer



















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                                  EXHIBIT INDEX




    Exhibit No.      Description

         99          Press Release, dated October 16, 2002, entitled "Acorn
                     Products to Appeal Nasdaq Determination."



























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EX-99

                                                                      EXHIBIT 99


Acorn Products to Appeal Nasdaq Determination


     COLUMBUS, Ohio, October 16, 2002 -- Acorn Products, Inc. (Nasdaq: ACRN)
announced today that it had received a Nasdaq Staff Determination on October 11,
2002, indicating that the Company fails to comply with the minimum market value
of publicly held shares requirement for continued listing as set forth in
Marketplace Rule 4310, and that its common stock, therefore, is subject to
delisting from The Nasdaq SmallCap Market. The Company intends to request a
hearing before a Nasdaq Listing Qualifications Panel to appeal the Staff
Determination.

     The Company believes that upon completion of its previously announced
rights offering, the Company will regain compliance with all Nasdaq listing
requirements. However, there can be no assurance the Panel will grant the
Company's request for continued listing.

     Acorn Products, Inc., through its operating subsidiary UnionTools, Inc., is
a leading manufacturer and marketer of non-powered lawn and garden tools in the
United States. Acorn's principal products include long handle tools (such as
forks, hoes, rakes and shovels), snow tools, posthole diggers, wheelbarrows,
striking tools, cutting tools and watering products. Acorn sells its products
under a variety of well-known brand names, including Razor-Back(TM), Union(TM),
Yard 'n Garden(TM), Perfect Cut(TM) and, pursuant to a license agreement,
Scotts(TM). In addition, Acorn manufactures private label products for a variety
of retailers. Acorn's customers include mass merchants, home centers, buying
groups and farm and industrial suppliers.

     Razor-Back(TM), Union(TM), Yard 'n Garden(TM) and Perfect Cut(TM) are
registered trademarks of Acorn. Scotts(TM) is a registered trademark of The
Scotts Company.

     The statements contained herein that are not purely historical are forward
looking statements within the meaning of the Securities Exchange Act of 1934,
including statements regarding Acorn's expectations regarding compliance with
Nasdaq's listing requirements. All forward looking statements contained herein
are based upon information available to Acorn as of the date hereof, and Acorn
assumes no obligation to update any such forward looking statements. Actual
results could differ materially from Acorn's current expectations. Factors that
could cause or contribute to such differences include, but are not limited to,
the factors and risks discussed in Acorn's Annual Report on Form 10-K for the
fiscal year ended December 31, 2001, and the other reports filed from time to
time by Acorn with the Securities and Exchange Commission.

Contact: John G. Jacob, Vice President and Chief Financial Officer of Acorn
Products, Inc. (614) 222-4400.





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