Toy industry sales increased by $409 million to $27.4 billion year-over-year, a 1.5 percent uptick since the same time last year in the 13 international toy markets tracked by the NPD Group.
U.K. retailers are certainly not immune to the forces reshaping the retail sector worldwide, but the pace and character of this transformation is being amplified by a singular economic phenomenon unique to Great Britain–Brexit.
This year, American shoppers are expected to spend roughly $9 billion for Halloween, according to the National Retail Federation.
The NPD Group has unveiled its Registry Snapshot, a new service that provides a holistic view of the gifting and registry creation in the U.S. for select retailers.
The NPD Group has tapped Kimberly Magnus to serve as president of the company’s U.S. toys business.