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What's on Kids' Wish Lists? Here Are 12 of the Hottest Toys for the Holidays
The holiday season is fast approaching, and toys are already flying off the shelves. The toy industry is poised for growth this year as it faces weak comparisons with last year’s holiday season, which was the first without Toys R Us. The closing of the toy retailer hurt sales last year, because parents stocked up on toys at liquidation sales...
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Hasbro Takes on the Gender Pay Gap With New Ms. Monopoly Game
Hasbro wants to take the conversation over the gender pay gap out of the board room and into the living room with its new Ms. Monopoly game, launching this month. Dubbed “the first game where women make more than men,” the updated version of the classic board-game introduces new women-centric elements, starting with its titular character. Ms. Monopoly is the...
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‘Late Night': Amber Says ‘What?' to US Open, Fish Cannon
‘Late Night’ writer Amber Ruffin recaps what’s happening in pop culture news.
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Toy Company Hasbro Is Saying Goodbye To Plastic
Hasbro said Tuesday that all its packaging for new products will be mostly plastic free by the end of 2022.
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S&P 500, Nasdaq Close at Record Highs as Earnings Roll in
The S&P 500 hit an all-time high Tuesday, marking the stock market’s complete recovery from a nosedive at the end of last year. The benchmark index’s previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S. and China, and concern the Federal Reserve...
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The ‘Avengers' Help Disney Donate $5 Million to Children's Hospitals
Disneyland officials, flanked by the Avengers, announced on Friday a donation of about $5 million in cash and toys to children’s hospitals across the country as a way to kick off the latest installment of the superhero film franchise.
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Toys R Us Tries for a Comeback a Year After Going Out of Business
Some former Toys R Us executives are looking to bring back the iconic retailer — Geoffrey the Giraffe and all. Toys R Us liquidated its business last year, unable to emerge from bankruptcy after a crippling 2017 holiday season. Its lenders, including Solus Alternative Asset Management and the Angelo Gordon investment firm, took control of the company’s intellectual property, which...
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Toys R Us Closure Hits Toys for Tots Hard
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 — 40 percent of all corporate giving to...
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Christmas Magic: Children ‘Fly to the North Pole' at LAX
More than a hundred children from Los Angeles were given the chance to “fly” to the North Pole Wednesday morning in a Delta plane transformed into a holiday winter wonderland.
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It's High Times for Soaring Marijuana Stocks on Wall Street
Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill. Billions of dollars have poured into the stocks in the last few months, and investors smell green (money, not...
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Barbie Maker Mattel to Cut More Than 2,200 Jobs
The toy retailer filed for bankruptcy protection last year, announced it was liquidating its business in March and then closed all its stores last month.
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End of an Era: Toys R Us Closes Its Last Stores
Toys R Us is closing its last U.S. stores on Friday and for many generations of kids and parents, it’s the end of an era. Here are some of the toys that made the chain an iconic fun place for kids.
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Goodbye, Geoffrey: Toys R Us Closing Its Last Stores
Toys R Us is closing its last U.S. stores by Friday, the end of a chain known to generations of children and parents for its sprawling stores, brightly colored logo and Geoffrey the giraffe mascot.
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Hasbro Trademarks Play-doh's Scent: Sweet, Slightly Musky
Hasbro has trademarked the scent of Play-doh. The toy company on Friday announced that the United States Patent and Trademark Office has recognized Play-doh’s distinctive smell with a registered trademark, something rarely issued for a scent. The Pawtucket, Rhode Island-based toymaker describes it as a “sweet, slightly musky, vanilla fragrance, with slight overtones of cherry, combined with the smell of...
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Toy Co. CEO Leads Effort to Salvage Toys R Us
Toy company executive Isaac Larian says he and other investors have pledged a total of $200 million in financing and hope to raise four times that amount in crowdfunding in order to bid for up to 400 of the Toys R Us stores being liquidated in bankruptcy. The unsolicited bid still faces many hurdles, including finding other deep-pocked investors and...
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Jimmy Kimmel Gets 1st Colonoscopy With Help From Katie Couric
Katie Couric just took Jimmy Kimmel for his first colonoscopy. The late-night host shared the experience on Tuesday’s episode of “Jimmy Kimmel Live.” Kimmel turned 50 in November, which is the recommended age for adults to start getting screenings. So when Couric asked Kimmel if she could accompany him for his first, he couldn’t refuse.
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Toys R Us Is Planning to Liquidate Its US Operations
Toys R Us is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot. The closing of the company’s 740 U.S. stores over the coming months will finalize the downfall of the chain that...
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Shoppers Spending More May Made the Season Merry for Retailers
Shoppers who were feeling good about the economy and spending more than expected on items like kitchen gadgets, toys and coats may have made this the best holiday season in several years. That’s good news for retailers, some of which have had few reasons of late to be merry. But there’s no question that stores need to keep adapting to...
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Holiday Shopping Trends: Deals, Some Impulse Buying, ‘Robust' Spending
As shoppers have bought TVs and toys so far this holiday season, they’ve shown a desire for deals but also an inclination for some impulse spending, retail experts say. Shoppers were on track to spend more compared to last year. The National Retail Federation trade group called spending so far “robust,” and reiterated its forecast that holiday sales will rise...
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Stores Offer Deals, Shoppers Take to Their Phones for Cyber Monday
Weeks of deals didn’t stop people from heading online to shop on the Monday after Thanksgiving. Cyber Monday is likely to be the biggest U.S. online shopping day ever, according to Adobe Analytics, the research arm of software maker Adobe. Nearly $6.6 billion in sales were forecast by the end of the day, up about 17 percent from a year...