Target Corporation to Discontinue Canadian Operations

Target LogoTarget Corporation will discontinue operating stores in Canada through its indirect wholly owned subsidiary, Target Canada Co. As a part of that process, this morning Target Canada filed an application for protection under the Companies’ Creditors Arrangement Act with the Ontario Superior Court of Justice in Toronto. [Read more...]

Wonder Woman Nominations Close at Noon PST on January 15

WIT.logoIt’s the last day to submit a nomination for Women in Toys’ (WIT) Annual Wonder Women in Toys, Licensing & Entertainment Awards. Industry stakeholders have until 12 pm PST to nominate a co-worker, client, associate, family member, or acquaintance for consideration in one or more of the following categories: Rising Star, PR or Social Media, Manufacturer, Designer or Inventor, Licensing or Entertainment, Social Responsibility, and Marketing or Advertising. Nominations may be submitted at the WIT website. [Read more...]

COMMENTARY: Hey, Toy Industry! It’s Not Too Late for New Year’s Resolutions

NewYearsconfettiAh, the start of a new year. Typically, it’s the time in which we take stock of what we have, consider how we can make our lives even better, and then “resolve” to carry out those plans. It’s with this in mind that I’ve put together a list of New Year’s resolutions–not for myself, mind you; I’ve already composed that list, which is why this commentary is up at deadline, instead of several hours past. No, I’m talking about resolutions that I’d like the toy industry to consider taking on. Because as absolutely perfect as a thing is, there’s nothing like a detached observer’s unsolicited advice to make it even more perfect, am I right? [Read more...]

New Nintendo 3DS XL Gets a U.S. Release Date

NewNintendo3DSThe New Nintendo 3DS XL system will launch in the U.S. on February 13, according to a Nintendo Direct presentation today. The upcoming system features a wider range of controls with the addition of a C Stick and ZL/ZR buttons, super-stable 3-D via face-tracking technology, and built-in NFC functionality that allows for communication with amiibo figures.

The system also enhances certain games like Super Smash Bros. with amiibo functionality, faster processing speeds, and more control options when compared to the Nintendo 3DS system. In addition to the standard New Red and New Black, two other New Nintendo 3DS XL designs will be available at launch: one featuring artwork inspired by the soon-to-be-released The Legend of Zelda: Majora’s Mask 3D, and one based on Monster Hunter 4 Ultimate, available exclusively at GameStop with the game pre-installed.

Mattel Makes Changes to Executive Leadership Team

logo_Mattel logoMattel Inc. has made key changes to its executive leadership team, effective immediately. Richard Dickson and Tim Kilpin will assume expanded responsibilities as president, chief brands officer, and president, chief commercial officer, respectively. Both will report to Mattel Chairman and CEO, Bryan G. Stockton. [Read more...]

Release Date Announced for Fully Illustrated, Hardcover Harry Potter and the Sorcerer’s Stone

Cropped,HermioneJimKayThis October, Scholastic will publish a new, fully illustrated hardcover edition of J.K. Rowling’s Harry Potter and the Sorcerer’s Stone, marking the first time a fully illustrated Harry Potter book has been published.

Published globally on October 6, the deluxe hardcover edition will be full color throughout, and will include an elegant ribbon marker and illustrated endpapers. Harry Potter and the Sorcerer’s Stone features artwork by Jim Kay, a Kate Greenaway Medal winner. [Read more...]

Tomy and Disney Consumer Products Team Up for Disney∙Pixar’s Inside Out and The Good Dinosaur

InsideOut,JoyToday, Disney Consumer Products unveiled exclusive details about the new global toy lines for DisneyPixar’s Inside Out and The Good Dinosaur, debuting theatrically in the U.S. on June 19, and November 25, respectively. Both movies will feature toy lines from licensee Tomy.

Tomy’s toy line for Inside Out will include poseable character figures with light-up features, and all of the toys allow for self-expression and re-creation of key movie moments. The toy range for The Good Dinosaur appeals to kids of all ages, for both action figure play and more sophisticated remote control walking and talking. The unique characteristics of the film’s dinosaurs, such as how they move and run, are reflected in the toy line. [Read more...]

Sani Toys Introduces New Toybox that Sanitizes Using Light

Sani Toys, a group of South Carolina-based inventors represented by the service company InventHelp, has developed and patented a toybox that sanitizes toys via germ-killing light.

The automatic device resembles a conventional toybox, and features a flip-up lid with a self-locking latch and self-timer, as well as germicidal rod lights located on both the underside of the lid and the interior base. A horizontal, clear shelf holds the toys, and perforated holes let the light shine through. The interior walls are reflective to maximize the light’s effectiveness, and a removable mesh basket holds small toys, cars, building blocks, or other small items. [Read more...]

TIA to Present Research on Australian, Mexican, U.S. Toy Markets at Toy Fair

ToyFair15LogoThe Toy Industry Association (TIA) will present new research reports on the Australian, Mexican, and U.S. toy markets at the 112th North American International Toy Fair next month (TIA is the producer of the event). Taking place throughout the day on Sunday, February 15, the educational sessions will be held as part of TIA’s ongoing efforts to help toymakers identify and capture valuable export opportunities.

Experts from global consultancies Altios International and Kidz Global will present commissioned research findings on Australia’s and Mexico’s market demographics and economic growth, children’s routines and play preferences, cultural gift-giving occasions, brand awareness, primary retail and distribution channels, media opportunities, and more.

The U.S. seminar will take place on February 15 from 8:30 to 9:30 a.m.; Mexico data will be shared from 11 a.m. to 12 p.m.; and Australia findings will be presented from 2 to 3 p.m. These sessions are free for TIA members and $179 for non-members; attendees save $80 when they sign up for both the market research package and TIA’s Licensing Content Connection program during general Toy Fair registration.

Frank Davis Joins Demdaco as Vice President of Sales

NatandJules,AnimalcraftDemdaco has appointed Frank Davis to vice president of sales. Davis comes to the company with a strong background in the gift industry, having recently served as vice president of sales at Carson Home Accents. Prior to that, he held positions with Midwest-CBK and Colonial Candle for 13 years, serving as vice president for one year and director of sales for seven years.

Demdaco products are sold primarily at specialty and independent retailers nationwide.