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Opinion: Listening to toy brands and why Voice is the next frontier for the industry

This week’s industry opinion comes from Joel Davis, the CEO of the ad tech company Might Social and a multi award-winning entrepreneur and international speaker. Davis is an expert on emerging media and marketing platforms. Here, he tells the toy industry about the benefits of having a Voice. Like every …

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Read the Toy Fair special issue of ToyNews online today

The Toy Fair special issue of ToyNews is ready to read online, on your smart device or iPad – giving you look at the year ahead and the trends that will be hitting the toy industry the most. It’s the first ToyNews of 2020, and of the decade, making this …

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Playmobil commits to indie retail support with new customer loyalty scheme

The international toy and entertainment brand, Playmobil, has committed further to its support of independent retailers with its new loyalty scheme, an initiative that will see customers collect stickers with every brand purchase. Each completed set of stickers collected by a customer will reward them with a free gift from …

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Declining toy and gaming sales bring lower Christmas results for Sainsbury’s

Toy and gaming sales are in year on year decline at the grocery giant, Sainsbury’s, despite having seen Argos achieve its biggest Black Friday to date. The supermarket has cited record sales through mobile and via Argos Click and Collect throughout the Q4 2019 trading period, in which 32 million …

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Debenhams confirms the 19 department stores to close by the end of the month

The department store chain Debenhams has entered the year with confirmation that 19 of its stores across the UK will close by the end of this month, after the company announced a CVA last year. The struggling retailer has since announced the 19 stores that will shutter between January 11 …

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Britain’s independent department store Beales brings in refinancing advisers

One of Britain’s oldest department store chains, Beales, has brought in advisers to look at refinancing options in the midst of the high street’s crucial Christmas shopping period. According to SkyNews, the privately owned department store has turned to KPMG to lead a ‘quick-fire strategic review’ that could lead to …

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The Toy Retailer of the Year Awards 2019 shortlist has been announced

The shortlist for the Toy Retailer of the Year Awards 2019 has been revealed, with finalists in categories spanning Independent Toy Retailer of the Year, Department Store Toy Retailer of the Year, Multiple Toy Retailer of the Year, and Online Excellence. The shortlist was decided upon by a committee of …

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Hamleys makes two-year plan for iconic London store refurb

London’s iconic toy shop, Hamleys, is to undergo a revamp that, according to CEO Darshan Mehta, will make the store the “toy retailing reference point in the world.” In an interview with The Guardian, Mehta made clear the company’s plans to implement a two-year revamp of the Regent Street location …

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Mothercare strikes five-year deal to sell products in Boots

Mothercare has struck a new deal to sell its products through the High Street retailer, Boots, in a bid to maintain its presence on the UK retail scene following its collapse into administration last month. Mothercare’s UK oprations – its stores and website – are set to close in early …

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Mothercare’s sales slide further in UK and overseas

Mothercare’s losses have deepened further in Britain and overseas after the baby and mother retailer placed its UK business into administration last month. Group sales fell by 8.4 per cent to £452.3 million in the six months to October 12, as pre-tax losses widened to £21.2 million from £18.5 million …

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