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...They've got Legoland theme parks, stores, and apps. So how far can they take the brick?...
...RetailNext, another data company, reported a 2 per cent increase in foot traffic at stores on Black Friday....
...They wanted a toy to help them imagine being adults and she gave them the postwar ideal....
...He compares its moment to the “golden era” in the US, likening the city’s Ambani family, owners of the conglomerate Reliance Industries and the UK toy store Hamleys, to the Rockefeller dynasty....
...Chinese hosts repaid him by staging a standing ovation at Apple’s Beijing flagship store — one of 54....
...The firm had loaned money to the likes of Toys R Us and JC Penney, reporting that such retail loans produced an annualised return exceeding 20 per cent....
...These types of investments include purchases of local retail stores and small commercial buildings, according to Yuan....
...It is working with Lego to develop an online world, or “metaverse”, for children and has also developed Fortnite-branded toys with companies such as Hasbro....
...Earlier this year, Saudi Arabia confiscated from stores rainbow-coloured toys and clothes it said promoted homosexuality....
...It has already breathed new life into struggling UK toy chain Hamleys, which became Reliance’s first international retail brand in 2019....
...Using less packaging on just one brand of toys could save $2.4mn a year, Scott observed....
...Ambani’s oil-to-telecoms conglomerate Reliance has made several overseas acquisitions, including British toy store Hamleys, but has tended to focus investments on expanding its domestic businesses....
...Or, for example, the clothing or the toys you buy — pretty much anything will eventually have a digital twin....
...Swoop, according to its app store page, “aims to be the crypto Fantasy Cricket app for India”. A noble enough aim, we suppose....
...Demand in retail stores had picked up, while Mattel’s ecommerce business grew by more than half in the quarter, according to Kreiz....
...Grant highlighted stock shortages in the important run up to the festive period, adding: “I’ve never seen such conditions in over 40 years of selling toys.”...
...50 per cent in the year and now account for more than a third of global retail sales, Kreiz said, reflecting a trend across the retail industry as consumers shied away from shopping in bricks-and-mortar stores...
...Retail store closures and supply chain disruptions in the early days of the pandemic curtailed the windfall from online demand....
...This article is the first part of an FT series examining the future of retail It was on the site of an old Toys ‘R’ Us store in the middle of the pandemic that Amazon launched a renewed assault on the one...
...Other big-box stores such as Target have also seen sales surge with consumers looking for one-stop shopping....
...E-commerce drove much of Mattel’s sales growth in the quarter, with consumers still reluctant to visit stores in markets around the world....
...When John buys ice cream and visits a toy store, his credit card purchases match his location data and taste for sweets — adding new details to his digital profile....
...Toys are in particular demand as parents look for new ways to keep housebound children entertained, while sporting goods and electronics are also proving popular....
...US toy retailer Camp has in-store playgrounds and many staff who are former actors. House of Vans has indoor skate parks, while Universal Standard has a clubhouse in its New York flagship store....
...Apple warns on App Store in annual reportApple has for the first time warned investors that it faces a “material” financial risk from the regulatory pressure on its App Store, a sum that could potentially...
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