Stretch

Stretch is a character in Toy Story 3. She is voiced by Whoopi Goldberg.

Toy Story 3
Stretch is one of the toys from Sunnyside Daycare. She is a rubbery octopus toy with sticky suckers on her legs and a glittery purple body.

Stretch was one of Lotso's minions, but upon learning the truth of Lotso's past and seeing him for what he really is, she and the rest of Lotso's henchmen turned on their former leader.

During the credits of the film, she is seen greeting a box of new toys that were donated to Sunnyside that include an Emperor Zurg toy, as she uses her tentacles to lift them out of the box and lower them safely onto the floor. Later, she is seen hanging out at the "beach party" in what used to be "the box". Later that same night, she is seen dancing and giving Ken high fives as all of the Sunnyside toys are having a disco party in the Butterfly Room. The next day, after Bonnie Anderson places her backpack in the rack, Stretch sneaks out from behind a lunchbox to place a letter from Ken to Woody, Buzz, and the gang living at Bonnie's house into Bonnie's backpack to let them know that Sunnyside has become a happier place for everyone.

Toy Description
From Official Website:

"Stretch is a fun-loving under-the-sea octopus friend that shines in glittery purple. Kids can count her eight rubbery legs and dozens of sticky suckers that are sure to stand up to rough-and-tumble play and extreme stretching. Toss her high on the wall and watch her climb her way down! Clean in mild soap solution to remove dust and lint."

Trivia

 * When Stretch was first revealed, some fans mistook the character for being a male because her design didn't make it exactly clear what gender the toy is, but since Whoopi Goldberg voices Stretch, she is obviously a female.
 * Stretch appears to be based on the Wacky WallWalker toys from the 1980s.