Joan Verdon has 25 years experience covering the retail industry, from mega-malls to Main Street shops, and everything in between. She has reported on retail bankruptcies, including Toys R Us and A&P; retail launches and turnarounds, and the phenomenon known as Paramus, N.J.,
Digital Gaming, Kidults Drive Profits For Hasbro In Second Quarter
The toymaker's results impressed Wall Street and reflect a fundamental shift in the company's focus from traditional toys to digital gaming and adult consumers.
Mattel’s Turnaround Toy Story Is Working, But Will Investors Buy It?
Mattel's stock surged today followed positive news about profits and margins during its second quarter report, and a report of a possible buyout attempt.
Prime Day Drives $14.2 Billion In Spending, With Amazon The Big Winner
While nearly all ecommerce retailers offered Prime Day deals, Amazon most likely captured the lion's share of the billions spent over the two-day sale event.
Record $14 Billion In Prime Day Spending Expected, Adobe Reports
Adobe is predicting Prime Day spending will be up a robust 10.5% this year, and that the discounts will be significantly steeper than last year.
Back-To-School Spending Forecast To Be Flat At $31 Billion
Parents are planning to shop sales, compare costs, and will choose lower prices over brand loyalty this back-to-school season, according to a survey by Deloitte.