Target Shares Plans for Growth, Corporate Restructuring

Target LogoAt a meeting on Tuesday for the investor community, Target Corporation Chairman and CEO Brian Cornell and members of his leadership team presented strategies intended to put Target on a clear path to growth. The retailer plans to differentiate itself in the marketplace through stronger merchandising authority, as well as a shopping experience featuring mobile as its front door. In addition, Target will create a headquarters team that is more agile, efficient, and guest-focused. [Read more...]

JMPR Tapped to Handle Media Relations for Tonka Toys

TonkalogoJMPR Public Relations Inc. has been retained by Funrise Inc. to handle media relations duties for its Tonka-branded products under license from Hasbro. JMPR will work with Funrise’s internal marketing team to help develop strategy and implement consumer engagement programs, new product launches, and special events. JMPR will also be responsible for leading a broad range of media outreach initiatives, including the promotion of Tonka Motorsports’ involvement with racing series and sponsorship of drivers. [Read more...]

Jazwares Receives Toys “R” Us Vendor of the Year Award for 2014

jazwaresJazwares has been named a recipient of the 2014 Toys “R” Us Vendor of the Year Award. Toys “R” Us distributes the annual award to business partners that have helped the retailer become a resource for kids, families, and fun. [Read more...]

2015 Games for Change Awards Nominees Announced

GamesforChangeThe nominees have been announced for the Games for Change Awards, which celebrate the year’s best social impact games. The award categories include Best Gameplay, Most Significant Impact, and Most Innovative. The eight finalists, narrowed down from a field of more than 150 titles, will also be considered for the top honor, Game of the Year, which is awarded to the game that best exemplifies all three categories.

A jury of leaders from the gaming, philanthropic, media, and tech communities evaluated all game submissions. The winners will be announced at the Games for Change Festival’s Awards Ceremony on April 22, hosted by Jesse Schell. A full list of the nominees can be found at Games for Change’s home page.

Report of 66th Spielwarenmesse Shows Increase in Exhibitors, Visiting Countries, and More

SpielwarenmesseegSpielwarenmesse eG has released a report summarizing the results of the 66th Spielwarenmesse in Nuremberg. The total number of exhibitors was 2,857, up from 2,748 during the prior year. International exhibitors totaled 2,051 and represented 67 countries, up from 1,951 exhibitors and 61 countries during the previous year. The top five countries based on number of international exhibitors were China, Great Britain, Hong Kong, the U.S., and France. [Read more...]

The Art of the Brick to Feature Lego Sculptures Inspired by DC Comics

TheArtoftheBrick,DCComicsWarner Bros. Consumer Products (WBCP), on behalf of DC Entertainment, is collaborating with The Art of the Brick to create a contemporary art exhibition featuring large-scale sculptures, inspired by DC Comics superheroes and super-villains and made entirely out of Lego bricks. The new exhibition, The Art of the Brick: DC Comics, created by artist Nathan Sawaya, will feature Sawaya’s take on the breadth and depth of the characters and stories from DC Comics’ 80-year history, told through his Lego lens. [Read more...]

PlayCon 2015 Speakers to Include UK Specialty Toy Store Founder

HyattGaineyInnovative business research and trends related to youth, play, and technology will be shared at the Toy Industry Association’s (TIA) upcoming educational and networking conference, PlayCon 2015, schedule to take place from April 29 to May 1 at the Hyatt Regency Resort & Spa at Gainey Ranch in Scottsdale, Ariz. Attendees who sign up by February 28 will receive PlayCon’s early bird registration rate. [Read more...]

TIA Launches 2015 Toy Industry Financial and Operating Benchmark Study

TIAThe Toy Industry Association (TIA) will again partner with Industry Insights Inc. to conduct a confidential Toy Industry Financial and Operating Benchmark Study, which will enable toy companies to see how their numbers compare to companies of similar size, category, and distribution channel. [Read more...]

Funko and Marvel Announce Variant Cover for Marvel Collector Corps Debut

Funko,MarvelAvengersFunko has announced a variant cover for its Marvel Collector Corps debut box, Marvel’s Avengers: Age of Ultron, which ships in April. The variant will highlight the first edition of Marvel’s new series, Guardians Team Up Meet the Avengers, and will be exclusive to Marvel Collector Corps. [Read more...]

The Lego Group’s Strong 2014 Led by Global Growth

legoworldmapLast year, the Lego Group enjoyed revenue growth of 15 percent year over year on a local currency basis, excluding foreign exchange impacts. Revenue increased by 13 percent to DKK 28.6 billion (USD $4,349,545,486) compared to DKK 25.3 billion (USD $3,847,850,941) in the previous year, while the year’s operating profit increased to DKK 9.7 billion (USD $1,475,318,881) compared to DKK 8.3 billion (USD $1,262,184,735) in the previous year, an increase of 16 percent. Net profit was DKK 7.0 billion (USD $1,064,493,150) compared to DKK 6.1 billion USD $927,777,853) in the prior year, an increase of 15 percent. [Read more...]