Toys R Us built a kingdom and the world’s biggest toy store. Then, they lost it.

Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. In its heyday in th


Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. In its heyday in th
Toys R Us built a kingdom and the world’s biggest toy store. Then, they lost it. Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-26  Authors: lauren hirsch, eduardo munoz, jacques m chenet, corbis, getty images, scott mlyn, peter foley, bloomberg, jason alden
Keywords: news, cnbc, companies, written, toy, biggest, toys, worlds, built, went, store, lost, stores, lazarus, world, week, kingdom, important


Toys R Us built a kingdom and the world's biggest toy store. Then, they lost it.

The toy emporium that Charles P. Lazarus envisioned has been reduced to dusty floors and empty shelves.

Much has been said about the demise of the toy empire, which this week announced its plan to liquidate. There have been fingers pointed at corporate raiders, Amazon and big-box stores. All contributed to its undoing.

Ultimately, though, Toys R Us’ collapse is a story of loyalty run dry. The store in its early days fostered devotion from customers and toymakers. In the end, it lost hold on both.

Toys R Us’ status as the most important toy store in town left it cavalier, if cocky at times, according to conversations with former employees, executives and industry insiders, who spoke to CNBC on the condition of anonymity. It didn’t invest in its stores, even as it was adding to the fleet, leaving it vulnerable when new competition moved in.

The story begins with Lazarus, the store’s visionary who wanted the “R” written backward — an ode to childlike scrawl. Lazarus, who has been described as one of the great merchants of his time, expanded a baby furniture store he owned into a toy store. By 1978, he had created a toy superstore large enough to become a public company.

In its heyday in the 1980s and 1990s, it was the most important toy store in the country, if not the world. Its strength grew as competitors Kiddie City and Child World went out of business.


Company: cnbc, Activity: cnbc, Date: 2019-01-26  Authors: lauren hirsch, eduardo munoz, jacques m chenet, corbis, getty images, scott mlyn, peter foley, bloomberg, jason alden
Keywords: news, cnbc, companies, written, toy, biggest, toys, worlds, built, went, store, lost, stores, lazarus, world, week, kingdom, important


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Target is winning out in post-Toys R Us toy sales, says former Walmart CEO

The well-known toy retailer, which shuttered its U.S. stores in June, accounted for 15 to 20 percent of the country’s total toy sales in 2017, based on estimates from Jefferies. Some retail experts worried that its liquidation would leave a sizable gap in toy sales this holiday season because less-specialized retailers weren’t as committed to the category. Still, experts agreed that big-box operators such as Target, Walmart and Costco, not to mention e-commerce giant Amazon, are the biggest winn


The well-known toy retailer, which shuttered its U.S. stores in June, accounted for 15 to 20 percent of the country’s total toy sales in 2017, based on estimates from Jefferies. Some retail experts worried that its liquidation would leave a sizable gap in toy sales this holiday season because less-specialized retailers weren’t as committed to the category. Still, experts agreed that big-box operators such as Target, Walmart and Costco, not to mention e-commerce giant Amazon, are the biggest winn
Target is winning out in post-Toys R Us toy sales, says former Walmart CEO Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-23  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, target, toy, walmart, posttoys, stores, ceo, retailers, toys, winning, squawk, sales


Target is winning out in post-Toys R Us toy sales, says former Walmart CEO

Fmr. Walmart US CEO: ‘More anxiety than there needs to be’ for retailers on China trade 5 Hours Ago | 08:07

Big-box retailers such as Target and Walmart are capitalizing on the demise of Toys R Us this holiday season, and it’s paying off, according to industry leaders.

The well-known toy retailer, which shuttered its U.S. stores in June, accounted for 15 to 20 percent of the country’s total toy sales in 2017, based on estimates from Jefferies. Some retail experts worried that its liquidation would leave a sizable gap in toy sales this holiday season because less-specialized retailers weren’t as committed to the category.

But early data and anecdotal evidence suggest that’s not how early holiday sales are playing out at national chains.

Bill Simon, the former CEO of Walmart, told CNBC’s “Squawk on the Street” that it was “exciting” to watch the “battle for the toy business” as Thanksgiving Day sales and early Black Friday promotions got underway Thursday evening.

“I thought Target was a winner last night in the toy area,” he said on Friday. “I think the demand for toys continues. I think that there’ll be a lot of people that get engaged and in fact saw toys in a lot of the retail Black Friday events in places that you wouldn’t have guessed.”

Department stores, grocery chains and drugstores have reportedly allocated room for toys on their shelves in the wake of the bankruptcy. Best Buy, an electronics retailer, has begun selling Mattel’s Barbie dolls.

Even athletic stores such as Academy Sports + Outdoors, a discount sporting goods chain owned by KKR & Co., Simon’s current employer, stocked toys on their shelves, the former Walmart chief said.

Still, experts agreed that big-box operators such as Target, Walmart and Costco, not to mention e-commerce giant Amazon, are the biggest winners of the Toys R Us fallout.

It will undoubtedly “help the Targets and Walmarts of the world,” Women’s Wear Daily editor James Fallon said on “Squawk Box,” adding that the recent reopening of famed toy seller FAO Schwarz underscored the still-powerful demand for toys.

Allen Questrom, former CEO of J.C. Penney, told “Squawk Box” that store closures around the country have been a “big, big plus” for larger retailers, not just in the shifting toy space but also in apparel, where closings of smaller department stores such as Bon-Ton are giving operators such as Macy’s — which has also been reducing its store count — a boost.

But while store closures have compressed the square footage at retail’s upper ranks, they haven’t necessarily weighed on major public operators’ profitability, Ron Johnson, the founder and CEO of Enjoy, said Friday.

“This is the first time in nearly two decades that the physical stores have the upper hand as we head into the holidays,” Johnson told “Squawk on the Street.” “You see that at Target. … They’ve turned the stores from what people thought was an anchor into the engine of their omni-channel strategy.”

Retail, the fellow J.C. Penney veteran added, is “a really good business for the survivors.”

Even so, the CEO of MGA Entertainment — the company behind L.O.L. Surprise, one of the year’s hottest toys — harbored concerns that no single retailer, or even a combination, could come close to fully replacing Toys R Us.

“I’m afraid that nobody’s going to fill the whole void, and the only reason for that is Toys R Us only sold toys,” Isaac Larian explained on “Closing Bell.” “In December, they had all the hot toys, but when you go to January, most retailers are going to cut back on their inventory, so there’s going to be [a] shortage of merchandise, especially hot toys, come this Christmas.”

Shares of Walmart rose nearly 1.5 percent in intraday trading on Friday as consumers took advantage of online and in-store Black Friday sales. Target’s stock, still under pressure from the company’s muted third-quarter earnings report, shed more than 2 percent intraday. Costco shares rose 1 percent.

October court filings revealed that Toys R Us’ top lenders have cancelled the bankruptcy auction in the hopes of reviving the brand and maintaining the brand’s global license agreements. Toys R Us filed for Chapter 11 bankruptcy protection in September 2017.


Company: cnbc, Activity: cnbc, Date: 2018-11-23  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, target, toy, walmart, posttoys, stores, ceo, retailers, toys, winning, squawk, sales


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Parents should shop for toys early this holiday season

Parents hoping to nab the hottest toys this holiday better hit the shops early, or risk missing out on getting the top electronics, dolls and games on their kids’ wish lists. The first holiday season without Toys R Us is going to look very different for parents. Toys R Us had accounted for about 15 to 20 percent of all U.S. toy sales last year. Toys R Us could stock toys without the fear of having to discount them in the new year. Parents on the hunt for some of the hottest toys this year — like


Parents hoping to nab the hottest toys this holiday better hit the shops early, or risk missing out on getting the top electronics, dolls and games on their kids’ wish lists. The first holiday season without Toys R Us is going to look very different for parents. Toys R Us had accounted for about 15 to 20 percent of all U.S. toy sales last year. Toys R Us could stock toys without the fear of having to discount them in the new year. Parents on the hunt for some of the hottest toys this year — like
Parents should shop for toys early this holiday season Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-21  Authors: sarah whitten, target ramps up toy department in time for the hol, source, lol surprise
Keywords: news, cnbc, companies, retailers, holiday, space, toys, shop, stores, inventory, early, toy, season, hottest, stock, parents, target


Parents should shop for toys early this holiday season

Parents hoping to nab the hottest toys this holiday better hit the shops early, or risk missing out on getting the top electronics, dolls and games on their kids’ wish lists.

The first holiday season without Toys R Us is going to look very different for parents. While department stores, grocery chains and even drug stores are picking up the slack this holiday season, they may not have stocked enough inventory to meet demand.

“Usually, it is normal to be out of stock on the hottest toys towards [Christmas], but this year could be worse than usual,” Steve Reece, CEO of toy consulting firm Kids Brand Insight, said in an email to CNBC. “Other retailers are less committed to the [toy] category.”

Toys R Us had accounted for about 15 to 20 percent of all U.S. toy sales last year.

While companies like Target and Walmart have expanded their toy sections for the holidays — Target reallocated 250,000 square feet of permanent retail space across 500 locations just for toys and Walmart expanded its assortment of toys by 30 percent at all of its locations — come January, much of that space will be replaced with seasonal items like Valentine’s Day gifts and candy.

The same can be said for retailers such as Kohl’s, J.C. Penney and Best Buy that have also cleared more shelf space for toys.

Toys R Us’ had massive 40,000-square-foot warehouses to stock toys year-round, while big box retailers sell so many different products that it’s risky for them to stockpile a lot of toy inventory just for the holidays, said Richard Gottlieb, CEO of Global Toy Experts.

These stores don’t want leftover products that they would have to heavily discount post-holidays, so they are more likely to have been conservative when placing orders for toys earlier in the year, he said. Toys R Us could stock toys without the fear of having to discount them in the new year.

Parents on the hunt for some of the hottest toys this year — like L.O.L. Surprise, FurReal Pets’ interactive Chewbacca and the Don’t Step In It board game — will have to move fast before they disappear off shelves early in December.

Target spokesman Lee Henderson said the company has been “proactive” in stocking up its toy inventory this year. He said that it’s a few weeks too early to determine which toys will be the most in demand, but that Target has made sure to stock up on toys on its top toy list and of last year’s favorites.


Company: cnbc, Activity: cnbc, Date: 2018-11-21  Authors: sarah whitten, target ramps up toy department in time for the hol, source, lol surprise
Keywords: news, cnbc, companies, retailers, holiday, space, toys, shop, stores, inventory, early, toy, season, hottest, stock, parents, target


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FAO Schwarz makes its return to New York. Here’s what its new store looks like inside

Iconic toy retailer FAO Schwarz is making its return to New York City after shutting its famed flagship store on Fifth Avenue in 2015, when the brand was still owned by Toys R Us. FAO Schwarz, meanwhile, has already embarked on expanding around the globe. And, of course, FAO Schwarz brought back its iconic keyboard on the floor. FAO Schwarz will also be selling its own branded items inside other retailers including Kohl’s and Hudson’s Bay this holiday season. Back at 30 Rock, FAO Schwarz will of


Iconic toy retailer FAO Schwarz is making its return to New York City after shutting its famed flagship store on Fifth Avenue in 2015, when the brand was still owned by Toys R Us. FAO Schwarz, meanwhile, has already embarked on expanding around the globe. And, of course, FAO Schwarz brought back its iconic keyboard on the floor. FAO Schwarz will also be selling its own branded items inside other retailers including Kohl’s and Hudson’s Bay this holiday season. Back at 30 Rock, FAO Schwarz will of
FAO Schwarz makes its return to New York. Here’s what its new store looks like inside Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: lauren thomas, fao schwarz
Keywords: news, cnbc, companies, walls, store, experiential, heres, fao, inside, toys, threesixty, makes, toy, space, return, york, 30, looks, schwarz


FAO Schwarz makes its return to New York. Here's what its new store looks like inside

Iconic toy retailer FAO Schwarz is making its return to New York City after shutting its famed flagship store on Fifth Avenue in 2015, when the brand was still owned by Toys R Us.

Now under a new owner, FAO Schwarz will bring its plush stuffed animals and walk-on piano keyboard — featured in the 1988 movie “Big” with Tom Hanks — back to life, and just in time for the 2018 holiday season. The store opens Friday at 30 Rockefeller Plaza in Manhattan. FAO Schwarz, meanwhile, has already embarked on expanding around the globe.

The goal is to make the space “experiential” and one that can “deliver theater and can drive customers,” David Conn, CEO of FAO Schwarz’s parent company ThreeSixty Group, told CNBC last month.

Brands featured in the 20,000-square-foot 30 Rock store include two of those also owned by ThreeSixty — electronics from The Sharper Image and toys from Melissa & Doug. There are walls of Barbie dolls, a Build-A-Bear Workshop station, a racetrack for kids to play with cars, a space where a magician will teach tricks, a candy shop and so much more for visitors to do there, beyond shopping.

And, of course, FAO Schwarz brought back its iconic keyboard on the floor. (This time it’s also on the ceiling, in bright lights, to spark the curiosity of those walking by.) The massive clock tower is there too, along with a new centerpiece, a rocket ship.

Without Toys R Us now that it’s bankrupt, there is a huge share of the toy market left up for grabs, giving FAO Schwarz the chance to make a name for itself again. FAO Schwarz will also be selling its own branded items inside other retailers including Kohl’s and Hudson’s Bay this holiday season.

Back at 30 Rock, FAO Schwarz will offer everything from hot items like Hatchimals to the brands older generations of consumers grew up with, like Steiff teddy bears. Its goal is to be a store that customers remember and keep coming back to.

The experience is the key. It’s a strategy many retailers are employing to lure consumers out of their homes and into the stores — but it’s also part of FAO Schwarz’s heritage. The fun of going to the old store is a memory for many generations, but today’s shoppers may find many “Instagrammable” moments inside the walls of the new store

“We think this transcends even just toys,” Conn said. “We joke around … we were experiential before it was cool to be experiential.”


Company: cnbc, Activity: cnbc, Date: 2018-11-16  Authors: lauren thomas, fao schwarz
Keywords: news, cnbc, companies, walls, store, experiential, heres, fao, inside, toys, threesixty, makes, toy, space, return, york, 30, looks, schwarz


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Amazon is mailing a printed holiday toy catalog to millions of customers

Amazon’s first-ever printed holiday shopping catalog is here. Amazon is shipping a holiday toy catalog, titled “A Holiday of Play,” to millions of customers starting this month, the company’s spokesperson confirmed in an email to CNBC. “Amazon is excited to offer a new way for customers to shop for toys this holiday season,” Amazon said in a statement. The catalog comes with a distinct retro look, invoking memories of old Toys “R” Us catalogs that made the now-defunct toy retailer so successful.


Amazon’s first-ever printed holiday shopping catalog is here. Amazon is shipping a holiday toy catalog, titled “A Holiday of Play,” to millions of customers starting this month, the company’s spokesperson confirmed in an email to CNBC. “Amazon is excited to offer a new way for customers to shop for toys this holiday season,” Amazon said in a statement. The catalog comes with a distinct retro look, invoking memories of old Toys “R” Us catalogs that made the now-defunct toy retailer so successful.
Amazon is mailing a printed holiday toy catalog to millions of customers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-06  Authors: eugene kim
Keywords: news, cnbc, companies, amazons, catalog, toys, shopping, holiday, mailing, printed, toy, shop, amazon, customers, scan, readers, millions


Amazon is mailing a printed holiday toy catalog to millions of customers

Amazon’s first-ever printed holiday shopping catalog is here.

Amazon is shipping a holiday toy catalog, titled “A Holiday of Play,” to millions of customers starting this month, the company’s spokesperson confirmed in an email to CNBC.

“Amazon is excited to offer a new way for customers to shop for toys this holiday season,” Amazon said in a statement.

The catalog comes with a distinct retro look, invoking memories of old Toys “R” Us catalogs that made the now-defunct toy retailer so successful. Some of the featured toys come with a QR code, allowing readers to instantly scan and shop for more products. Readers can also scan the product images in the catalog with their Amazon App to get more information and add them to their shopping cart.

The move is Amazon’s latest in following the playbook of traditional brick-and-mortar retailers. The e-commerce giant started opening physical bookstores and convenience stores in recent years, while purchasing Whole Foods for $13.7 billion in 2017. It’s also been launching its own private-label brands at a faster pace, competing directly with the third-party merchants selling on its marketplace.

It’s also part of Amazon’s more aggressive effort to get more holiday shoppers onto its site. On Monday, Amazon announced that it was getting rid of the $25 minimum purchase requirement for “hundreds of millions” of items during this holiday season.

The catalogs will also be available at Amazon Bookstores and 4-star locations, the company said.

You can see the full catalog here.

WATCH:Trump wants to prove that Amazon is costing the Post Office billions, here’s why it’s not that simple


Company: cnbc, Activity: cnbc, Date: 2018-11-06  Authors: eugene kim
Keywords: news, cnbc, companies, amazons, catalog, toys, shopping, holiday, mailing, printed, toy, shop, amazon, customers, scan, readers, millions


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Geoffrey’s Toy Box is coming to Kroger this holiday season

You’ll still be able to buy some Toys R Us brands this holiday season, but you’ll have to do it at Kroger. The grocery store chain has partnered with the hedge fund owners of the Toys R Us brands to bring Geoffrey’s Toy Box sections to around 600 Kroger locations this holiday. Solus Alternative Asset Management and Angelo Gordon are looking to raise capital to resurrect Toys R Us as a stand alone retailer, according to a report by Bloomberg. Toys R Us had accounted for about 15 to 20 percent of


You’ll still be able to buy some Toys R Us brands this holiday season, but you’ll have to do it at Kroger. The grocery store chain has partnered with the hedge fund owners of the Toys R Us brands to bring Geoffrey’s Toy Box sections to around 600 Kroger locations this holiday. Solus Alternative Asset Management and Angelo Gordon are looking to raise capital to resurrect Toys R Us as a stand alone retailer, according to a report by Bloomberg. Toys R Us had accounted for about 15 to 20 percent of
Geoffrey’s Toy Box is coming to Kroger this holiday season Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: sarah whitten, source
Keywords: news, cnbc, companies, season, kroger, sales, toys, retailer, holiday, box, party, retailers, stores, space, toy, geoffreys, coming, youll


Geoffrey's Toy Box is coming to Kroger this holiday season

You’ll still be able to buy some Toys R Us brands this holiday season, but you’ll have to do it at Kroger.

The grocery store chain has partnered with the hedge fund owners of the Toys R Us brands to bring Geoffrey’s Toy Box sections to around 600 Kroger locations this holiday. The area will be stocked with 35 toys from Animal Zone and Imaginarium, among others, priced between $19.99 and $49.99.

Solus Alternative Asset Management and Angelo Gordon are looking to raise capital to resurrect Toys R Us as a stand alone retailer, according to a report by Bloomberg.

Hundreds of Toys R Us stores went dark earlier this year when the company liquidated, leaving a window for other retailers to step in and pick up the slack. Toys R Us had accounted for about 15 to 20 percent of all U.S. toy sales last year.

It’s quickly becoming a crowded space. Walmart, Target and Amazon have already laid out strategies to capture those sales. Even retailers that aren’t typically known for toys will be selling items from toy makers like Hasbro and Mattel, among them are drugstores like Walgreens, party supply retailer Party City and electronics retailer Best Buy. Department stores Kohl’s and J.C. Penney have also cleared more shelf space for toys.


Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: sarah whitten, source
Keywords: news, cnbc, companies, season, kroger, sales, toys, retailer, holiday, box, party, retailers, stores, space, toy, geoffreys, coming, youll


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Photos: Hot Wheels debuts custom sneakers with Puma

For its 50th anniversary, Mattel’s Hot Wheels partnered with Chevrolet to make a life-size Hot Wheels car in July, and now the company has teamed up with fashion brand Puma to create a Hot Wheels sneaker for $130. The Puma RS-X silhouette, part of Puma’s new RS-X line, is a custom sneaker inspired by Hot Wheels’ anniversary edition Camaro toy car released in 2018 and “The Boneshaker,” an open-roof toy car released in 2006.


For its 50th anniversary, Mattel’s Hot Wheels partnered with Chevrolet to make a life-size Hot Wheels car in July, and now the company has teamed up with fashion brand Puma to create a Hot Wheels sneaker for $130. The Puma RS-X silhouette, part of Puma’s new RS-X line, is a custom sneaker inspired by Hot Wheels’ anniversary edition Camaro toy car released in 2018 and “The Boneshaker,” an open-roof toy car released in 2006.
Photos: Hot Wheels debuts custom sneakers with Puma Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: jimmy im, hot wheels, zhang peng, lightrocket, getty images, ollie millington
Keywords: news, cnbc, companies, rsx, sneaker, sneakers, released, car, puma, debuts, photos, wheels, hot, custom, toy, teamed, anniversary


Photos: Hot Wheels debuts custom sneakers with Puma

For its 50th anniversary, Mattel’s Hot Wheels partnered with Chevrolet to make a life-size Hot Wheels car in July, and now the company has teamed up with fashion brand Puma to create a Hot Wheels sneaker for $130.

The Puma RS-X silhouette, part of Puma’s new RS-X line, is a custom sneaker inspired by Hot Wheels’ anniversary edition Camaro toy car released in 2018 and “The Boneshaker,” an open-roof toy car released in 2006.


Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: jimmy im, hot wheels, zhang peng, lightrocket, getty images, ollie millington
Keywords: news, cnbc, companies, rsx, sneaker, sneakers, released, car, puma, debuts, photos, wheels, hot, custom, toy, teamed, anniversary


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Retail analyst: Holiday season without Toys R Us is ‘good news’ for certain retailers

Christmas without Toys R’ Us will be good for any toy retailer, Pro4ma CEO says 3 Hours Ago | 04:36A Christmas without Toys R Us has created “good news for everyone that could possibly sell toys,” retail analyst Liz Dunn told CNBC on Monday. Dunn, founder and CEO of Pro4ma, said retailers have been investing to take advantage of the newfound void in the toy market, which was created by the collapse of the legendary toy sellerand the closure of its more than 800 stores across the nation earlier t


Christmas without Toys R’ Us will be good for any toy retailer, Pro4ma CEO says 3 Hours Ago | 04:36A Christmas without Toys R Us has created “good news for everyone that could possibly sell toys,” retail analyst Liz Dunn told CNBC on Monday. Dunn, founder and CEO of Pro4ma, said retailers have been investing to take advantage of the newfound void in the toy market, which was created by the collapse of the legendary toy sellerand the closure of its more than 800 stores across the nation earlier t
Retail analyst: Holiday season without Toys R Us is ‘good news’ for certain retailers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-29  Authors: tyler clifford, getty images
Keywords: news, cnbc, companies, yearwalmart, holiday, season, toy, christmas, ceo, certain, pro4ma, retail, good, created, analyst, retailers, toys


Retail analyst: Holiday season without Toys R Us is 'good news' for certain retailers

Christmas without Toys R’ Us will be good for any toy retailer, Pro4ma CEO says 3 Hours Ago | 04:36

A Christmas without Toys R Us has created “good news for everyone that could possibly sell toys,” retail analyst Liz Dunn told CNBC on Monday.

Dunn, founder and CEO of Pro4ma, said retailers have been investing to take advantage of the newfound void in the toy market, which was created by the collapse of the legendary toy sellerand the closure of its more than 800 stores across the nation earlier this year.

Walmart and Target have invested in the space, she said on “Power Lunch.”

“Target is out saying there’s $100 billion up for grabs not just from Toys R Us but from all of these retailers that have gone out of business and closed their doors.”


Company: cnbc, Activity: cnbc, Date: 2018-10-29  Authors: tyler clifford, getty images
Keywords: news, cnbc, companies, yearwalmart, holiday, season, toy, christmas, ceo, certain, pro4ma, retail, good, created, analyst, retailers, toys


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Wall Street set for a slightly higher open amid earnings

U.S. stocks were set to open slightly higher on Monday morning as investors turned focus away from fears of rising rates to the latest batch of corporate earnings. ET, Dow futures were seen climbing 80 points, and indicated an almost 77 point rise at the open, while the S&P 500 and the Nasdaq were also expected to open in the black. Markets rebounded on Friday from a sharp sell-off in the previous session, with traders mostly switching their attention to the third-quarter earnings season. Beats


U.S. stocks were set to open slightly higher on Monday morning as investors turned focus away from fears of rising rates to the latest batch of corporate earnings. ET, Dow futures were seen climbing 80 points, and indicated an almost 77 point rise at the open, while the S&P 500 and the Nasdaq were also expected to open in the black. Markets rebounded on Friday from a sharp sell-off in the previous session, with traders mostly switching their attention to the third-quarter earnings season. Beats
Wall Street set for a slightly higher open amid earnings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-22  Authors: ryan browne
Keywords: news, cnbc, companies, thirdquarter, amid, higher, vehicle, switching, trading, slightly, wall, et, activity, open, set, toy, turned, earnings, traders, street


Wall Street set for a slightly higher open amid earnings

U.S. stocks were set to open slightly higher on Monday morning as investors turned focus away from fears of rising rates to the latest batch of corporate earnings.

At around 4:30 a.m. ET, Dow futures were seen climbing 80 points, and indicated an almost 77 point rise at the open, while the S&P 500 and the Nasdaq were also expected to open in the black.

Markets rebounded on Friday from a sharp sell-off in the previous session, with traders mostly switching their attention to the third-quarter earnings season. Beats from Procter & Gamble, Honeywell and Schlumberger buoyed trading activity that day.

Energy management firm Halliburton, toy maker Hasbro, personal care company Kimberly-Clark and offroad vehicle manufacturer Polaris Industries will post their respective financial results before the bell on Monday.

In economic data, the Chicago Federal Reserve will release national activity index figures at 8:30 a.m. ET.


Company: cnbc, Activity: cnbc, Date: 2018-10-22  Authors: ryan browne
Keywords: news, cnbc, companies, thirdquarter, amid, higher, vehicle, switching, trading, slightly, wall, et, activity, open, set, toy, turned, earnings, traders, street


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Hasbro to cut workforce by less than 10%: WSJ

Toy maker Hasbro is expected to cut jobs as the toy industry continues to deal with the fallout from the bankruptcy of retailer Toys R Us, according to the Wall Street Journal. The company said Thursday that it would be trimming less than 10 percent of its workforce as part of “meaningful organizational changes” to continue its “ongoing transformation.” “While some of these changes are difficult, we must ensure we have the right teams in place with the right capabilities to lead the company into


Toy maker Hasbro is expected to cut jobs as the toy industry continues to deal with the fallout from the bankruptcy of retailer Toys R Us, according to the Wall Street Journal. The company said Thursday that it would be trimming less than 10 percent of its workforce as part of “meaningful organizational changes” to continue its “ongoing transformation.” “While some of these changes are difficult, we must ensure we have the right teams in place with the right capabilities to lead the company into
Hasbro to cut workforce by less than 10%: WSJ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: sarah whitten, michael springer, bloomberg, getty images
Keywords: news, cnbc, companies, hasbro, right, toy, wall, trimming, changes, wsj, york, transformationusa, workforce, cut, company


Hasbro to cut workforce by less than 10%: WSJ

Toy maker Hasbro is expected to cut jobs as the toy industry continues to deal with the fallout from the bankruptcy of retailer Toys R Us, according to the Wall Street Journal.

The company said Thursday that it would be trimming less than 10 percent of its workforce as part of “meaningful organizational changes” to continue its “ongoing transformation.”

USA Today reported the news Thursday.

“While some of these changes are difficult, we must ensure we have the right teams in place with the right capabilities to lead the company into the future,” Hasbro said in a statement.

These job cuts come just months after the company’s rival, Mattel, also said it was trimming its workforce and shuttering its New York Office.

Hasbro is scheduled to report third-quarter earnings before the market open Monday.


Company: cnbc, Activity: cnbc, Date: 2018-10-19  Authors: sarah whitten, michael springer, bloomberg, getty images
Keywords: news, cnbc, companies, hasbro, right, toy, wall, trimming, changes, wsj, york, transformationusa, workforce, cut, company


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