I'm going to post my fairytales here, if ya don't mind. ;D
Emerald is going to be tormented by the Red Shoes. At first she'll be able to walk about in them normally, but on Sunday when she puts on the shoes (which will be modern high heels only fit for tango), they will force her to dance until the end of the week. Mostly, she'll be extra vain and extra tired during this week.
Carrion will be acting as Godfather Death. Basically he will be making offers similiar to the ones in the story, but he will not have any actual death-dealing powers.
Mitch is no prince, so he'll probably portray Jack and the Beanstalk; and be slightly obsessed with climbing trees and avoiding giants. xD