LEGO sales and profit dip after more than a decade of growth due to excess inventory and trying to do too much.
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Greatest New Toys of Toy Fair 2018
See all the coolest and best new toys being released in 2018.
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Spin Master To Acquire Gund For $79 Million
Spin Master announced plans to purchase 120-year-old toy maker Gund for $79 million.
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LEGO Goes Green For Some of Its Toys
LEGO announced plans to use plant-based plastics for some of its upcoming toys in its new environmental initiative.
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L.O.L. Surprise! The Hottest-Selling Toy For January 2018
According to The NPD Group data, L.O.L. Surprise! dominated toy sales in January in the United States.
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200 More Store Closures Planned For Toys R Us
Now nearly half of Toys R Us’ retail stores in the United States are planned for closure along with layoffs.
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2018 Toy Trends Unveiled at New York Toy Fair
The Toy Association revealed the six biggest new toy trends for the new year: The ‘Big Reveal’, Millennial Nostalgia, Games Galore, Pet Play, Inspiring Imaginations, and Toys That Teach.
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2018 Toy of the Year (TOTY) Award Winners Announced
The Toy Association recently unveiled the 2018 Toy of the Year (TOTY) award winners.
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Basic Fun Acquires K’Nex
Florida company, Basic Fun, purchased K’Nex toy company in an auction last month.
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Fantastic Toy Sales For Amazon in 2017
Amazon’s market share in the U.S. toy market continued to expand in 2017 with $4.5 billion in sales, a 12 percent increase over 2016, while embattled specialty toy retailer Toys R Us continues to struggle.
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