‘How does promoting play with huge automatic weapons create joy?’ Consumer group calls on Hasbro to stop making assault-style toy weapons

U.S. 12/18/19, 07:08

A consumer group has called on one of the world’s largest toymakers to stop selling assault-style toy weapons, according to the Daily Wire. According to the Empire State Consumer Project, Hasbro is violating its stated mission to “ deliver joy, creativity, and connection around the world and across generations.” So, the group ...

Indian company buys famous UK toy retailer Hamleys

Europe 05/10/19, 10:27

An Indian company says it has agreed to take over the famous toy retailer Hamleys.Reliance Brands in Mumbai said in a statement Thursday that it would buy Hamleys Global Holdings, the owner of the Hamleys brand, from C Banner International of Hong Kong for an undisclosed sum.The deal would include ...

Robotics startup that made cute toy Cozmo shuts down

U.S. 04/29/19, 18:17

A startup that tried to advance the dream of intelligent robots in the home with its toy robot Cozmo is shutting down.San Francisco-based Anki says it's laying off its employees on Wednesday after failing to raise enough money to keep the business going.The company said last year it's sold more ...

Argentina’s Evita remembered through toys for poor children

America 04/25/19, 23:08

A half-deflated leather football, a box of marbles, a ragged doll and a handful of windup cars and trains line the display cabinets in the Evita Museum like ancient relics. These worn-out toys played a vital role in the rise of Peronism in Argentina, one of the most influential movements ...

Internet, intuition can help businesses spot next big thing

Business 03/06/19, 12:15

When small business owners want to divine what consumer spending trends will be months from now, their methods can be as sophisticated as internet analytics or as basic as plain old intuition.At Moriarty's Gem Art, co-owner Jeff Moriarty tracks searches on the jewelry company's website and on Google Trends, a ...

Toys R US plans second act under new name

Business 02/11/19, 15:38

Toys R Us fans in the U.S. should see the iconic brand re-emerge in some form by this holiday season.Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Inc., told The Associated Press he and his team are still working on ...

Margot Robbie to play Barbie in live-action film

Entertainment 01/08/19, 20:05

Margot Robbie will bring Barbie to life in a live-action film.Mattel and Warner Bros. Pictures announced Tuesday that Robbie will star as the iconic doll in the franchise's first-ever live-action film. The 28-year-old "I, Tonya" actress will also co-produce the film under her LuckyChap Entertainment banner.The Barbie film is the ...

One more sign K-Pop is here to stay, a contract with Mattel

Entertainment 01/07/19, 14:05

The trappings of success continue to arrive for K-pop sensation BTS, the latest a contract with the toy company Mattel which secured rights to produce dolls of the boy band.And Mattel is not beyond riding those K-pop coattails. Shares of Mattel Inc. spiked almost 9 percent Monday, a day after ...

Owners of closed strip club buy toys for jobless employees

U.S. 12/24/18, 12:17

The owners of a well-known New England strip club that was shut down following a prostitution investigation have hosted a Christmas toy drive for their workers.WLNE-TV reports that the owners of the Foxy Lady in Providence, Rhode Island bought $2,500 worth of toys and held a toy drive at a ...

Toys R Us closure hits Toys for Tots hard

Business 12/21/18, 01:17

When Toys R Us closed, Toys for Tots felt the loss.The toy giant's decision to shutter its stores this year left some huge holes for the annual charity drive to fill.Toys R Us shoppers donated more than 250,000 toys last year and the company gave $5 million in corporate contributions ...

Top tot toys? Blocks and boxes backed over high-tech toys

Science 12/03/18, 00:25

Skip the costly electronic games and flashy digital gizmos. Pediatricians say the best toys for tots are old-fashioned hands-on playthings that young children can enjoy with parents — things like blocks, puzzles — even throwaway cardboard boxes — that spark imagination and creativity."A cardboard box can be used to draw ...

Former Toys R Us workers to get $20M in hardship fund

Business 11/20/18, 16:19

Two private equity owners of the iconic Toys R Us toy chain have set up a $20 million hardship fund for the thousands of former workers left jobless and without severance after the chain was liquidated in June.KKR and Bain Capital announced Tuesday the creation of the fund aimed at ...

The “worst toys” for the holidays, according to safety group

Business 11/13/18, 14:41

A Black Panther "slash claw" and a plastic Power Rangers sword are among the items topping a consumer safety group's annual list of worst toys for the holiday season.Massachusetts-based World Against Toys Causing Harm, or W.A.T.C.H., unveiled its 46th annual list of the 10 "worst toys" Tuesday at Franciscan Children's ...

Sears suppliers haunted by ghost of Toys R Us

Business 10/25/18, 08:57

Since filing for Chapter 11 bankruptcy, Sears Holdings Corp. has been trying to convince suppliers to keep shipping it merchandise by touting the $300 million in financing it has secured so that its business can continue operating through the holidays.But a growing number of manufacturers who themselves got hurt or ...

7-year-old toy reviewer on YouTube becomes a toy himself

Entertainment 10/03/18, 10:19

Seven-year-old Ryan drew millions of views reviewing toys on YouTube. Now, he's become a toy himself.Walmart is selling action figures in his likeness, putty with his face on the packaging and other toys under the Ryan's World brand. It's a bet that kids, who are spending more time tapping tablets, ...

Toys R Us … not dead yet

U.S. 10/03/18, 06:13

There may be a second act for Toys R Us, the retail wonderland for children that turned off the lights at hundreds of stores for what was thought to be the final time this summer.After joining the parade of retailers that never recovered from the recession and radical changes in ...

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