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HASBRO INC. announced Monday that Frank Gibeau, president of Zynga; Darin Harris, CEO of Jack in the Box Inc.; and Owen Mahoney, former CEO of Nexon Co. have been appointed to the company’s board of directors effective March 21. / COURTESY HASBRO INC.

Hasbro names 3 new board members

PAWTUCKET – Hasbro Inc. is shaking up its board of directors with three new members and three retirements.  The toy company announced Monday that Frank...

Hasbro bringing back Furby this summer

PROVIDENCE – A beloved toy and collectible from the '90s is returning this summer.  Hasbro Inc. announced Thursday the iconic Furby is returning to retailers'...

Raimondo seeks to rally U.S. behind $52 billion chip program 

WASHINGTON (AP) – On State of the Union night, Commerce Secretary Gina M. Raimondo strode down the aisle and found her seat in front...
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...
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...
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