retail

The Toy Association unveils the hottest toy trends of the holiday season

The Toy Association trends team unveiled the hottest toy trends of the '21 holiday season, offering an inside look at some of the fastest growing fads in the toy and play space – from innovative... more »

NRF says shoppers are still spending

Despite falling consumer confidence numbers amid the recent rise in COVID-19 infections, shoppers are continuing to spend, Jack Kleinhenz, chief economist for National Retail Federation said. “With consumer spending accounting for roughly two-thirds of U.S.... more »

Spielwarenmesse provides welfare institutions with new toys

Nuremberg-based Spielwarenmesse eG has been donating toys to welfare institutions in Franconia and the SOS Children’s Villages in Germany for more than 40 years. Around 30 pallets of cuddly toys, board games and wooden toys... more »

OneCoast promotes Majda Rensberger to president

OneCoast announced the promotion of Majda Rensberger, current senior executive vice president for OneCoast, to the newly created position of president of OneCoast, effective Oct. 1, 2021. In this position, Rensberger will report to John... more »

Mastercard SpendingPulse expects U.S. holiday retail sales to grow

Consumers and brands alike are gearing up for what’s anticipated to be the most wonderful holiday retail season on record. Overall expected sales growth. According to Mastercard SpendingPulse, which measures overall retail sales across all... more »

Deloitte anticipates holiday retail sales to increase

Holiday retail sales are likely to increase between 7% and 9% in 2021, according to Deloitte’s annual holiday retail forecast. Holiday Retail Sales Overall, Deloitte’s retail and distribution practice projects that holiday sales will total... more »

NRF voices opposition to business tax rate increases

The National Retail Federation (NRF) is speaking out against the proposed business tax rate increases intended to offset the costs of the $3.5 trillion budget resolution that is under consideration this week in the House... more »

Sullivans acquires Woodstock Chimes

Sullivans has acquired Woodstock Percussion, Inc., which will function as a subsidiary under Sullivan, Inc. After five decades of leadership in the industry, Woodstock Chimes founder Garry Kvistad has chosen Sullivans to lead his company... more »