Games and toys manufacturing

June 28, 2019 - 5:47 am
COPENHAGEN, Denmark (AP) — A group of investors that includes the owners of toy maker Lego is buying Merlin Entertainment, a British company that operates theme parks like Legoland. Lego owner Kirkbi Invest joined forces with private equity firm Blackstone and the Canada Pension Plan Investment...
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This image provided by Scholastic shows the cover of a new untitled "Hunger Games" novel by Suzanne Collins. The novel, set to be released May 19, 2020, is a prequel set 64 years before the beginning of her multimillion-selling trilogy. Collins said in a statement Monday, June 10, 2019, that she “wanted to explore the state of nature” as she set the narrative in the years following the “Dark Days” of Panem, the Dystopia where young people must fight and kill each other, on live television. (Scholastic via AP)
June 17, 2019 - 2:48 pm
NEW YORK (AP) — A decade after seemingly wrapping up "The Hunger Games," Suzanne Collins is bringing readers back to Panem. A prequel, set 64 years before the beginning of her multimillion-selling trilogy, is coming next year. The novel, currently untitled, is scheduled for release on May 19, 2020...
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FILE - In this March 12, 2019, file photo, trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 23. (AP Photo/Richard Drew, File)
April 23, 2019 - 7:54 pm
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war...
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FILE - In this Saturday, Dec. 23, 2017 file photo, people look at a display of Lego creations at Hamleys toy store during its grand opening in Beijing. Toy maker Lego reported Wednesday Feb. 27, 2019, its business returned to growth last year, with revenue rising 4 percent over a difficult 2017. (AP Photo/Mark Schiefelbein, File)
February 27, 2019 - 5:43 am
COPENHAGEN, Denmark (AP) — For Lego, the pieces are coming back together. The Danish toy maker said Wednesday its revenue rose 4 percent last year to 36.4 billion kroner ($5.5 billion) after a tough 2017. Net profit increased 3.5 percent to 8.1 billion kroner ($1.2 billion). Growth was in the "...
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FILE- In this July 30, 1996, file photo, a woman pushes a shopping cart over a graphic of Toys R Us mascot Geoffrey the giraffe at the Toys R Us store in Raritan, N.J. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Inc., is exploring freestanding stores, shops within existing stores as well as e-commerce. Tru Kids, owned by former investors of Toys R Us, will manage the Toys R Us, Babies R Us and Geoffrey brands.s. (AP Photo/Daniel Hulshizer, File)
February 11, 2019 - 3:54 pm
NEW YORK (AP) — Toys R Us fans in the U.S. should see the iconic brand re-emerge in some form by this holiday season. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, told The Associated Press he and his team are still working on the details, but...
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FILE - This April 26, 2018, file photo, shows the Hasbro logo at the TTPM 2018 Spring Showcase, in New York. Hasbro returned to a profit in its fourth quarter, but the toy company's performance still fell short of Wall Street's expectations as it continues to deal with the demise of Toys R Us. Shares tumbled more than 8 percent in Friday, Feb. 8, 2019 premarket trading. (AP Photo/Richard Drew, File)
February 08, 2019 - 1:33 pm
NEW YORK (AP) — Quarterly reports from Mattel and Hasbro show that while the demise of Toys R Us has shaken up the industry, the two dominant toymakers' paths are diverging less than a year later. Late Thursday, Mattel posted better-than-expected earnings per share and revenue for the key holiday...
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FILE- In this Friday, Nov. 16, 2018, photo, cozy sleep items are on display near a holiday section at a Target store in Edison, N.J. Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples. (AP Photo/Julio Cortez, File)
November 23, 2018 - 4:22 pm
NEW YORK (AP) — Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples. Those are just some of the trends expected this holiday season, when shoppers are projected to spend as much as $720 billion, according to the National...
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FILE - In this April 26, 2018, file photo, the Star Wars Hans Solo Mighty Muggs, by Hasbro, are demonstrated at the TTPM 2018 Spring Showcase, in New York. Hasbro Inc. (HAS) on Monday, Oct. 22, reported third-quarter earnings of $263.9 million. (AP Photo/Richard Drew, File)
October 22, 2018 - 8:55 am
PAWTUCKET, R.I. (AP) — Hasbro, wrestling with the demise of Toys R Us and elusive shoppers spending a lot more on high-tech gadgets, fell well short of third-quarter expectations Monday. The Pawtucket, Rhode Island, toy maker will absorb charges of as much as $60 million next quarter as it cuts...
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In this Aug. 30, 2018, photo Seraphina, 3, plays with a V-Tech Explore and Write Activity Set at the Walmart Toy Shop event in New York. Walmart says 30 percent of its holiday toy assortment will be new. It will also offer 40 percent more toys on Walmart.com from a year ago. In November and December, the company’s toy area will be rebranded as “America’s Best Toy Shop.” (AP Photo/Richard Drew)
October 12, 2018 - 9:42 am
NEW YORK (AP) — When Toys R Us closed its doors, customers mourned the loss of a beloved brand that conjured memories of their own childhood. Retailers, on the other hand, saw an opportunity. Rather than cede any more ground to online behemoth Amazon, companies like Target, Walmart and Party City...
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FILE - In this Jan. 24, 2018, file photo, a person walks near the entrance to a Toys R Us store, in Wayne, N.J. A group of investors is planning a potential comeback for Geoffrey the giraffe and his crew. Investors that control the assets of the company say they now see a better chance of a return on investment by potentially reviving the toy chain, rather than selling it off for parts. (AP Photo/Julio Cortez, File)
October 03, 2018 - 8:16 am
There may be a second act for Toys R Us, the retail wonderland for children that turned out the lights at hundreds of stores for what was thought to be the final time over the summer. After joining the parade of retailers that never recovered from the recession and radical changes in the way...
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