The Toy Industry Foundation (TIF) appeared on NBC’s TODAY Show on Nov. 29 to celebrate the toy companies who donated more than 10,000 toys and games to the TODAY Show’s annual Holiday Toy Drive. The donation is valued at $255,000. [Read more...]
The Toy Industry Association (TIA) will induct Peter Eio, former president of Lego Systems Inc., the late Ray Larsen, founder of RLA Marketing and the late Sydney Rosen, former owner of Rose-Art, Cra-Z-Art, into the Toy Industry Hall of Fame. These individuals were selected for induction by members of TIA in recognition of their significant contributions to the industry and the impact they have had on the lives of children through a lifelong commitment to toys and play. [Read more...]
In less than two weeks, the games for the Nintendo 3DS family of systems sold a combined total of 3.7 million units, an 85 percent increase over Pokémon X and Pokémon Y, the previous record holders for Nintendo’s fastest-selling games during the same period when those games launched in 2013. All Pokémon-related software has sold more than 280 million units worldwide since launching in 1996. [Read more...]
WIT Announces Honorees for Changemaker, Lifetime Achievement Honorees 13th Annual Wonder Women Awards
More than 154 million consumers shopped over Thanksgiving weekend, up from 151 million shoppers last year, according to the National Retail Federation and Prosper Insights & Analytics.
Average spending per person over Thanksgiving weekend totaled $289.19, down slightly from $299.60 last year. Seventy-four percent of total purchases specifically went towards gifts. [Read more...]
The continued decline in toy recalls has been credited to CPSC’s and the U.S. Customs and Border Protection’s (CBP) ongoing cooperative work to detect and detain shipments of violative toys and children’s products at U.S. ports in order to create a safer marketplace for holiday shoppers. [Read more...]