Matt Townsend
New Mattel CEO plays catch-up with rivals after four down years
NEW YORK - Mattel Inc., home of Barbie and Thomas the Tank Engine, has struggled for years trying to manage its way out of...
Hasbro takes a hit with the collapse of customer Toys ‘R’...
NEW YORK - The demise of Toys “R” Us Inc. took a toll on Hasbro Inc., which posted worse-than-expected results in the first quarter.
Hasbro...
Hasbro CEO admits making strategic mistake with ‘Last Jedi’ toys
PAWTUCKET - The force wasn’t with Hasbro Inc. during its latest Star Wars merchandising push.
CEO Brian Goldner says the company goofed by releasing toys...
Toys R Us is said to miss vendor payments as woes...
NEW YORK – Toys R Us Inc. has missed payments to some suppliers in recent days as the U.S. division heads toward a likely...
Toys R Us liquidation threatens to curb toymakers’ innovation
NEW YORK – Toys R Us Inc. doesn’t sell the most toys in the United States – that distinction goes to Walmart Inc. –...
‘Black Panther’ rocks toys as Hasbro revives merchandising
NEW YORK - Hasbro Inc. didn’t need to read the Zeitgeist to predict more than a year ago that “Black Panther’’ would be a...
How big business is using the Trump tax cut, what we...
NEW YORK – President Donald Trump’s corporate tax cuts are already having a big impact.
The main takeaway at the halfway point of earnings season...
Toys ‘R’ Us to shutter stores in bid to exit bankruptcy
NEW YORK - Toys “R” Us Inc. is planning to close about 180 U.S. stores as part of a reorganization plan to emerge from its...
`Star Wars’ toy sales fall as movie-tie fatigue sets in
NEW YORK - The warning signs for the toy industry started last year when “Cars 3” - considered a surefire success - proved lackluster for...
What largest tax overhaul in 30 years means for companies
NEW YORK – The impact of the biggest overhaul of the U.S. tax code in three decades will spread far and wide starting next year,...