Just Add Magic: Hasbro Sees 9% Sales Bump in Q2 2019
Net revenues for Hasbro’s second quarter 2019 increased 9 percent to $984.5 million—bolstered in part by its continued investment in Magic: The Gathering.
Walmart Unveils New Baby Shark Exclusives
As the world tunes into the highly anticipated summer TV event next week, Walmart is gearing up with new Baby Shark toys and accessories.
GameStop, R/GA Pilot New In-Store Experiences for Gamers
TRU Kids Brands, b8ta Share Details on Revamped Toys ‘R’ Us
Tru Kids Brands, the parent of the Toys “R” Us brand, and b8ta, the software-powered experiential retailer, have entered into a joint venture to bring Toys “R” Us stores back to the United States. The new store experience will deliver the hottest toy products and brands, carefully curated and showcased in highly immersive smaller-format interactive spaces.
E.U. Fines Sanrio $7 Million in Anti-Trust Ruling
The European Commission fined Sanrio, Hello Kitty’s parent company, €6.2 million (nearly $7 million) for restricting icross-border online sales within the EEA.
More Consumers Use Technology to Improve Shopping Experience
A new National Retail Federation report found 63 percent of consumers say retail technologies and innovations have improved their mobile shopping experiences.
Toy Association Testified at the USTR Special 301 Committee for Toy Tariffs
The Toy Association testified at the U.S. Trade Representative’s (USTR) Special 301 Committee hearing on Monday, regarding proposed tariffs on approximately $300 billion in Chinese products, including toys.
Toy Tariff Fight Goes On
As the USTR holds hearings on the proposed tariffs on Chinese products, the Toy Association continues its advocacy campaign to #donttaxtoys.