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The NPD Group reveals the UK’s best-selling infant toys

The NPD Group has detailed the latest insights into the best-selling infant and baby toys, underpinning the UK’s spot at the fourth largest toy market in the world, with the highest per capita spend in Europe. The Group has confirmed that British consumers spent £3.3 billion on toys in 2018, …

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Toy shop selling only sustainable toys opens its doors in Hove

An independent toy retailer with the mission to only sell sustainable toys to its customers has opened its doors in Hove, marking a first of its kind in the city. Timeless Toys store owner, Susan Luxford set out on the task of going plastic free after observing the kind of …

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Tru Kids’ Richard Barry: “We’re a little start-up company now”

Toys R Us has likened itself to “a little start-up company”, operating under the Tru Kids banner, as plans for the retailer’s comeback in time for the Q4 shopping period emerge. The New York Post reports that Tru Kids Brands – a licensing firm formed last year by creditors of …

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Mattel sales buoyed by Barbie, Hot Wheels and Jurassic World as infant declines

Barbie, Hot Wheels, Jurassic World and the excitement around this year’s Toy Story 4 release have helped Mattel to better than expected first quarter financials, with smaller losses and improved gross margins. While net sales dropped three per cent to $689.2 million the fall in sales was less than expected, …

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Debenhams’ new owners plan to shutter 20 stores by early next year

Plans to shutter 20 Debenhams stores across the UK by early next year are now afoot as the department store’s new owners outline a strategy to launch a CVA this week. According to Sky News, the company voluntary arrangement will ‘pave the way for more than ten per cent of …

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Sainsbury’s and Asda merger blocked by CMA

The Competition and Markets Authority, the UK’s competition watchdog, has blocked Sainsbury’s and Asda’s £10bn merger. The body blocked the move by the UK grocery giants after finding that it would lead to increased prices in stores, online and across petrol stations. The CMA said that it believed shoppers would …

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UK marketplace OnBuy puts discounting at centre of business strategy

The UK online marketplace, OnBuy.com, is revamping and enhancing its OnBuy Deals segment, highlighting the move as the “latest bold step in its plans to disrupt the marketplace giants,” like eBay and Amazon. The platform is ‘completely overhauling’ its Deals page and changing the way in which deals are featured …

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Britain’s consumer spend is rising despite Westminster and Brexit turmoil

Britain’s consumer spending has grown 1.1 per cent in March, despite the fears that the still ongoing Brexit drama would send it plummeting further. Figures from the Office for National Statistics show that consumers might have just shrugged off recent political events to ignore Westminster’s turmoil and hit the high …

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