The Toy Industry Association (TIA) has made available the final results of the 2015 Toy Industry Financial and Operating Benchmark Survey. This confidential survey, conducted by Industry Insights, collected financial and operations data this past spring from 63 TIA member companies in the U.S. and Canada, all involved in the manufacturing, importing, and distribution of toys.
by Sara Erickson, owner, Rook’s Comics and Games
Sitting in my game store on a warm Saturday afternoon, I watch as customers stream in with tote bags full of games they plan on playing during the next three or four hours. I know most of them by name and would consider many of them my friends. They’ve been shopping and playing at my store for the past nine years, and I’ve seen them grow from awkward teenagers into professional adults. Many have even outgrown my store and are now shopping at the local toy store across the street for their own kids. Eventually, the cycle will repeat and I’ll be selling the newest hot game to the next generation.
As reported by the Toy Industry Association (TIA), the Genius of Play campaign was launched last week, and parents and caregivers across the U.S. have already pledged to play a collective 58,000 hours with the children in their lives. In addition, more than 50 TIA member companies have shared the campaign’s inaugural Facebook post and its message about the essential role of play in the development of children.
The Retail Industry Leaders Association (RILA) Retail Sustainability Conference will take place in Austin, Texas, from September 15 to 18 at the JW Marriott. Registration for the conference is now open, and members of the Toy Industry Association (TIA) are eligible for the discounted RILA member registration rate.
This past Wednesday, the Toy Industry Association (TIA) launched a new research-backed initiative, which encourages parents and caregivers across the U.S. to take time out of their hectic lives to allow their children to build critical skills through play. The initiative, entitled The Genius of Play, is designed to remind families that playtime is more than just fun and games, and that it strengthens minds and bodies, reduces stress, builds family bonds, and offers a host of benefits that help to produce well-rounded, healthy children.
On Tuesday, the U.S. House of Representatives passed H.R. 2576, a bill reforming the 1976 Toxic Substances Control Act (TSCA), with a 398-to-1 vote. Among its provisions, H.R. 2576, called the TSCA Modernization Act, requires the U.S. Environmental Protection Agency (EPA) to use a risk-based approach to regulating new and existing chemicals, as well as a weight of evidence approach that uses credible and authoritative scientific data to demonstrate harm before creating new mandates.
Registration for the Toy Industry Association’s (TIA) annual Fall Toy Preview has started out strong, with more than 200 buyers from global retail outlets already signed up to attend the preview show, to be held in Dallas on October 6 to 8. Representatives of global retailers and toy sellers—including buyers from GameStop, Toys “R” Us, and more—will be on-site to browse hundreds of brands with one or more lines slated for the fourth quarter of next year.
The Genius of Play campaign, the Toy Industry Association’s (TIA) industry-wide initiative to open up a dialogue with parents and raise awareness about the developmental benefits of play, launches in two weeks. The next phase of the campaign will build on the success of the Q4 Genius of Play test, and feature content based on play-related research collected by TIA in interviews with academics, psychologists, journalists, and other play-focused professionals.