Matt Townsend
‘Frozen’ overtakes Barbie as holiday season’s most popular toy
NEW YORK - “Frozen” merchandise is the most coveted toy for girls this holiday season, knocking Barbie from the No. 1 position for the...
‘Frozen’ is still hot as Disney dominates early holiday toy list
NEW YORK – “Frozen” is still hot.
Two toys based off Walt Disney Co.’s hit animated film made Adventure Publishing Group’s Toy Insider Hot 20...
Hasbro shows off girl power as division’s sales triple
NEW YORK – Shortly after joining toymaker Hasbro Inc. more than a decade ago, Brian Goldner took his 5- year-old daughter Brooke on a...
CVS to buy Apria’s infusion-treatment unit for $2.1 billion
NEW YORK – CVS Caremark Corp., the largest provider of prescription drugs in the U.S., agreed to buy Coram LLC from Apria Healthcare Group...
Two Hasbro products land spot on Toy Insider’s holiday season list
NEW YORK - Mattel Inc., the world’s largest toymaker, placed the most items on an annual industry list that tries to predict the hottest...
Hasbro spends $112M for most of Backflip in mobile play
NEW YORK - Hasbro Inc., the world’s second- largest toymaker, purchased a majority stake in Backflip Studios Inc. for $112 million in cash as...
Black Friday draws millions in early start for holiday shopping
NEW YORK - Target Corp. took some flak for opening stores on Thanksgiving because doing so would give employees less celebrating time with their...
Hasbro reboots Furby toy for an iPad-obsessed generation
NEW YORK - In early 2011, Hasbro Inc. CEO Brian Goldner convened a team of designers, engineers and marketers to figure out the Next...
Hasbro suffers missed gain as stores hold back Avengers toys
NEW YORK - Kids looking to grab an Iron Man toy after being wowed by the hit “Marvel’s The Avengers” have some choices on...
Stores pay price for holiday deals as profit forecasts slip
NEW YORK - Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever -- especially stores...