Search Results for: thanksgiving

Holiday Spending Kicked into Gear Week Before Thanksgiving

According to The NPD Group’s weekly point-of-sale results for key general merchandise categories, the week before Thanksgiving proved to be important for retail this holiday season. Following a lackluster couple of weeks, sales in the third week of the holiday season lined up with dollar sales during the same week last year. The week’s boost was driven by an 8 percent increase in sales of toys. The top performing characters were PCs, women’s apparel, sport leisure shoes, kids outdoor and sports toys, and games and...

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A Time for Thanksgiving

by Richard C. Levy, president, Richard C. Levy & Associates, LLC As Thanksgiving approaches, I am motivated to compose an open letter to the toy industry, including all of my past and present partners, especially my wife, Sheryl, associates, and corporate and trade executives, with whom I have had the pleasure to work during 38 years in an industry and country that I love. I have been fortunate to have worked with unselfish and creative co-inventors, men and women willing to face the frustrations, rejections, and open-ended time frames that are part of every ideation, development, manufacturing, sales, and licensing exercise. I have been equally fortunate to have met many creative, understanding, fair, honest and courageous corporate executives willing to believe in me, gamble on our ideas, honor the deals and, most importantly, enhance our concepts. It is the cross-pollination and synergism of these forces that result in the success and accomplishments in which all parties share. For if any link in this complex and serpentine chain breaks, an entire project can flag. America was born with a dream. We are privileged to live and work in this land of opportunity. Nowhere in the world do people have more freedom and encouragement to innovate, be different, individual, and to succeed. Alexis de Tocqueville, a French writer that visited America in 1831, wrote: “America is a land of wonders in...

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Angry Birds to Debut in Macy’s Thanksgiving Day Parade

Rovio Entertainment has announced that an Angry Birds balloon will be part of this year’s Macy’s Thanksgiving Day Parade in New York City. A yet to be revealed character from the Angry Birds movie, set for worldwide release next May, will make its debut at this iconic event on November 26. More than 3.5 million spectators line the streets of Manhattan for the parade, and 57 million viewers tune into the live telecast. The three-year deal confirms Angry Birds’ involvement in the parade until...

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IBISWorld Forecasts Stronger Retail Spending for Thanksgiving, Black Friday, and Cyber Monday

According to IBISWorld’s annual Thanksgiving, Black Friday, and Cyber Monday spending forecast, retail spending should receive a boost during the upcoming holiday shopping period, thanks to a stronger U.S. economy, higher e-commerce sales, and earlier store openings on Thanksgiving. Total spending over this year’s Black Friday weekend is forecast to rise 1.8 percent to $36.7 billion. The biggest contributor to holiday spending growth will be online sales, as Cyber Monday revenue growth reaches double digits for the fifth consecutive year. Americans will spend an estimated $8.4 billion this year on Thanksgiving food and drinks, gifts, and decorations, reflecting a 1.7 percent increase from last year. About two-thirds of households’ Thanksgiving budgets will be spent on food and drinks for family gatherings and festivities. The price of a typical Thanksgiving dinner is expected to increase 1.5 percent to $5.7 billion. The average household will spend $46.38 on Thanksgiving dinner, with turkey consisting of roughly 43 percent of the meal’s total cost. Spending during Black Friday weekend is anticipated to grow 1.8 percent, to a total of $36.7 billion. This year, Black Friday is projected to generate $13.1 billion in revenue, an increase of 1.6 percent over last year’s total. Cyber Monday sales are again anticipated to record double-digit growth of 15.0 percent, as more than half of all consumers are expected to do some holiday shopping...

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Toys “R” Us Announces Thanksgiving Weekend Doorbusters, Special Deals for Rewards “R” Us Members

On Thanksgiving weekend, Toys “R” Us will offer more than $8,000 in potential toy savings to holiday shoppers. Toys “R” Us stores nationwide will open at 5 p.m. on November 27, and from 5 p.m. to 9 p.m., 4-hour doorbuster deals will include discounts on Disney Infinity Starter Packs and figures; Skylanders Trap Team Starter Packs, figures, and Traps; the V-Tech InnoTab 3S Connect; Frozen Jumbo Olaf Plush, from Just Play; and more. Meanwhile, selected deals available on November 28 from 7 a.m. through November 29, as well as online at toysrus.com, include buy one, get one for 40...

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Skylanders’ Eruptor Will Take Flight Over NYC in the Macy’s Thanksgiving Day Parade

Activision‘s Skylanders franchise, best-known for bringing physical toys to life, will take flight in the Macy’s Thanksgiving Day Parade for the first time. Fan-favorite Skylanders character Eruptor will join the collection of balloons at the parade. Eruptor hails from deep in the underground of a floating volcanic island that laughed his entire civilization to the surface after a massive eruption. He is known for being quite the hot head—steaming, fuming, and (literally) erupting over almost anything. To re-create Eruptor’s smoldering physique, artists used more than 40 gallons of florescent paint and five barrels of glitter. You and your little Skylanders fan can catch the broadcast of the Macy’s Thanksgiving Day Parade from 9 a.m. to 12 p.m. on Thanksgiving Day in all time zones on NBC. The newest game in the Skylanders franchise, Skylanders Trap Team, is now available at retail nationwide on Xbox 360 and Xbox One; PlayStation 3 and PlayStation 4; Wii and Wii U; and a unique adventure is also available on Nintendo 3DS. Skylanders Trap Team also ushers in the complete console gaming experience on tablets, introducing a Starter Pack that supports iPad, Kindle Fire, and Android...

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GoldieBlox Joins the 88th Annual Macy’s Thanksgiving Day Parade

GoldieBlox will bring its design and engineering toys to life at the 88th Annual Macy’s Thanksgiving Day Parade. The toymaker’s new float, titled The Girl-Powered Spinning Machine, will transform GoldieBlox toys into larger-than-life form in an elaborate, creative, and brightly colored machine. “The Macy’s Thanksgiving Day Parade is an iconic celebration and we’re thrilled to join the line-up this November with the first-ever float that is specifically designed to showcase the principles of engineering,” said Debbie Sterling, the founder and CEO of the company. “Macy’s Parade floats are the ultimate engineering spectacle, and relatable to kids everywhere. We can’t wait!” The engineers and craftspeople at Macy’s Parade Studio worked closely with the GoldieBlox team to design and build the float as three distinct stages. It will use kid power to spin, pull, and rotate a myriad of elements from giant pinwheels and parachutes to jogging...

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Thanksgiving Weekend Spending According to the NRF

According to the National Retail Federation (NRF), American shoppers took advantage of tons of Thanksgiving weekend deals. More than 141 million unique shoppers have shopped through the end of Thanksgiving weekend, up from 139 million over the same time frame last year. Between all of the low prices and aggressive discounts, holiday shoppers have started earlier than ever this year, spending $407.02 on average, from Thursday through Sunday. More than 75 percent of shoppers tended to be young people between the ages of 18 and 34. Although a lot of shopping was done in store, 40 percent of people indicated that they shopped online over the weekend (approximately 59 million shoppers). Online shopping is becoming increasingly popular as retailers tout special holiday savings through their mobile apps and web sites. Clothes, electronics, and books, DVDs, and video games were among popular items purchased over the...

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Disney Store Starts Its Magical Week Online Deals Before Thanksgiving

Disney Store is giving shoppers the chance to start shopping online earlier with special discount pricing launching the weekend before Thanksgiving, November 22 to 24. Starting A selection of Disney Store’s Magical Week deals will launch on November 22 at 12:30 a.m. PST online at DisneyStore.com/magicalweekdeals. November 25, all of Disney Store’s Magical Week deals will be available in stores and online at special low prices, a first for the retailer. An additional deal will be unveiled online on Thanksgiving, November 28, and when stores open for Magical Friday. Shoppers can interact with Disney Store’s guest services team on Twitter @DisneyStore. Updates on deals will be posted on Disney Store’s Facebook page as well. For holiday gift-giving inspiration, shoppers can browse the Holiday Gift Guide on DisneyStore.com and the Holiday Lookbook on Facebook. Shoppers who prefer to shop from mobile devices can use the Disney Store’s mobile site and app. Through the mobile site, users can receive timely message alerts for new arrivals, in-store events, and promotional offers....

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