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Hasbro and CVS named among 100 Best Corporate Citizens rankings

PROVIDENCE – Two Rhode Island-based companies, Hasbro Inc. and CVS Health Corp., rank among Corporate Responsibility Magazine’s 2018 100 Best Corporate Citizens list released...
EVOLVING BUSINESS: Wayne R. Blatchley, owner of Pawtucket-based Fuzion Design, speaks with Esther Tseng, associate
creative director. The company was launched 10 years ago and focuses on brand-driven design, digital services and packaging. / PBN PHOTO/RUPERT WHITELEY

Crafting looks that sell

After working in product design for large companies for several years, Wayne R. Blatchley 10 years ago decided to head out on his own...
TEXTRON was the sole Rhode Island-headquartered employer to rank on the Forbes' 2018 Best Large Employer list this year at No. 495. Five midsize employers from Rhode Island also ranked this year. Above, a Citation Sovereign + from the Cessna branch of Textron Inc. / COURTESY TEXTRON AVIATION

R.I. businesses make 2018 Forbes Best Employers lists

PROVIDENCE – Five Rhode Island companies were named to the Forbes 2018 Best Midsize Employers list, while one Rhode Island employer made the top...
HASBRO INC. has entered into a definitive agreement with Saban Properties LLC to acquire the entertainment brand Saban's Power Rangers and several other brands. / COURTESY HASBRO

Hasbro enters $522M agreement to buy Power Rangers, other properties

PROVIDENCE - Hasbro has signed a definitive agreement to acquire several brands from Saban Properties LLC, including Saban’s Power Rangers in a combination of...
MATTEL INC. reported a loss $311.3 million for the first quarter, dragged down by the bankruptcy of Toys "R" Us. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Mattel’s Barbie brand carries quarter, mutes Toys `R’ Us effect

NEW YORK - Barbie’s back in town. Mattel Inc., which named a new CEO last week, softened the effect of Toys “R” Us Inc.’s demise as...
YNON KREIZ is the newest Mattel CEO. He recently told employees that he will focus on fostering creativity and expanding how Mattel uses its brands. / BLOOMBERG FILE PHOTO/ SCOTT EELLS

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 REPORTED a $112.5 million first-quarter loss, compared to a $68.6 million profit one year prior. / BLOOMBERG FILE PHOTO/MICHAEL SPRINGER

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...
ONLINE AND VIDEO GAMES are increasingly taking up a bigger share of the global toys and games market. / BLOOMBERG

The world’s biggest toymakers aren’t having much fun

NEW YORK - There’s trouble in toyland, and it started long before Toys ‘R’ Us went bust. Sales at the world’s three biggest toymakers—Lego A/S,...
HASBRO CEO BRIAN GOLDNER said that the company made a tactical error, releasing toys too far ahead of the Star Wars franchise’s most recent movie. / BLOOMBERG FILE PHOTO/JEENAH MOON

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...
Having seen juvenile malnutrition in her father's native Tanzania, Navyn Salem started making ready-to-use food in Rhode Island. Edesia's success has led the nonprofit to expand this spring, growing jobs here and expanding where it can combat childhood hunger globally. / PBN PHOTO/RUPERT WHITELEY

Nutrition nonprofit Edesia launches corporate giving program

NORTH KINGSTOWN – Nonprofit Edesia announced Thursday that it is launching a new corporate giving program, allowing companies to participate in producing its humanitarian...
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