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2024 Holiday Spending Could Approach $1 Trillion, Retail Group Says: The National Retail Federation delivered an optimistic holiday forecast, saying it expects retail sales to grow by 2.5% to 3.5% in November and December.
Spirit Halloween Is Looking To Capture Christmas Sales With New Stores: Spirit Halloween, the retailer known for its pop-up costume shops, wants to create a new holiday tradition, Spirit Christmas.
Adobe Expects Record Online Holiday Sales Of $240.8 Billion, Up Over 8%: Discounting, mobile shopping, social media influencers, and "trading up" are expected to drive sales this holiday season.
Spin Master’s Game Plan At 30 Is To Play Like A Startup: Spin Master, at 30 years old and $2 billion in sales, believes its future depends on being as innovative as when it was the new kid in the toy business.
Online Marketplace Faire Launches Advertising Tool For Brands: Faire, the online marketplace created to connect wholesale vendors with small retailers, is offering brands a way to boost sales with promoted listings.
Moderate Holiday Sales Growth Of 2.3% To 3.3% Forecast By Deloitte: While spending growth is expected to be slower than last year, the outlook remains positive for retailers.
Barbie Ups Her Game, Unveils New Brand Campaign At WNBA Event: Toy maker Mattel, and its Barbie brand, are leaning into the popularity of women's sports, particularly the WNBA, with events at arenas and stadiums.
Holiday Online Sales Expected To Increase 2%, To $1.19 Trillion: Salesforce is predicting holiday sales growth will be slower than last year, but Chinese shopping apps could be holiday winners as consumers seek bargains.
Mobile Devices Surpass Desktops As Primary Way To Shop, Adobe Reports: Adoption of mobile commerce has reached a "tipping point" and mobile devices are set to become the dominant channel for ecommerce, according to Adobe data.
Digital Gaming, Kidults Drive Profits For Hasbro In Second Quarter: The toymaker's results impressed Wall Street and reflect a fundamental shift in the company's focus from traditional toys to digital gaming and adult consumers.
Mattel’s Turnaround Toy Story Is Working, But Will Investors Buy It?: Mattel's stock surged today followed positive news about profits and margins during its second quarter report, and a report of a possible buyout attempt.
Prime Day Drives $14.2 Billion In Spending, With Amazon The Big Winner: While nearly all ecommerce retailers offered Prime Day deals, Amazon most likely captured the lion's share of the billions spent over the two-day sale event.