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Providence tower among nation’s largest delinquent commercial loans

PROVIDENCE – One Financial Plaza, Providence’s second-tallest building, was among the nation’s five largest newly delinquent loans last month in the commercial mortgage-backed securities...

Summer Infant reports $298K profit, still feeling Toys R Us liquidation

WOONSOCKET – Summer Infant Inc., the infant- and juvenile-products company, reported a profit of $298,000 in the second quarter of 2018, or 2 cents...
HASBRO reported a $60.3 million profit in the second quarter of 2018, following a $112.5 million loss in the first quarter. In the second quarter of 2017, the company earned $67.7 million. / COURTESY HASBRO

Hasbro turns $60.3M Q2 profit following Q1 rout on Toys R...

PAWTUCKET – Hasbro Inc. reported a $60.3 million profit in the second quarter of 2018 on Monday, or 48 cents per diluted share, reflecting...
JERRY STORCH, a former CEO of the defunct toy chain, has been working with multiple investors on a plan to reboot TOYS R US in the U.S / BLOOMBERG FILE PHOTO/JASON ALDEN

Former Toys R Us CEO is working on the retailer’s reboot

NEW YORK - A revival of Toys R Us might be in the works. Jerry Storch, a former chief executive officer of the defunct toy...
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...
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...
BILLIONAIRE ISSAC LARIAN has offered to save Toys “R” Us from liquidation with an almost $900 million bid. / BLOOMBERG FILE PHOTO/JASON ALDEN

Toys `R’ Us gets 11th-hour bid from Little Tikes’ Larian

NEW YORK - Billionaire toy marketer Isaac Larian offered to save Toys “R” Us from liquidation with an almost $900 million bid for its stores...
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...

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...
WITH IT LOOKING more likely that Toys R Us will shutter its U.S. stores, toymakers are looking at a very different retail environment, especially for toys that do not have large marketing campaigns supporting them. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

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. –...

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