Hasbro is still feeling the impact of a weak 2023 that led to excess inventory and closeouts, as well as growing pains related to its plan to right-size its business and shed less profitable toys ...
Its inventory fell 39%. "While the toy industry is on a rocky road, the cost-control measures that Hasbro and Mattel have put in place should put them on sounder footing in the year ahead," said ...
Following yesterday’s news regarding continued organizational changes, Hasbro reported its third quarter earnings this morning. The Rhode Island-based toy and game company says revenue declined 15% (9 ...
The challenge is part of Hasbro’s larger “Women Innovators of Play Initiative,” which aims to inspire and elevate more women’s involvement in the toy and game industry. Women innovators ...
[An earlier headline has been updated to reflect continued changes at the company.] Ahead of this week’s third quarter earnings report, Hasbro has implemented a sweeping round of organizational ...
Hasbro, known for brands such as Monopoly, Dungeons & Dragons, Play-Doh, and Mr. Potato Head, is laying off close to 100 employees, according to the company. The Pawtucket, Rhode Island-based toy ...
Levi’s, Dollar General, Hasbro, Starbucks and other companies are cutting down their choices. The toy and game company’s long-term transformation plan has focused heavily on reducing inventory ...
PAWTUCKET, R.I. (WPRI) — John Warden worked for Hasbro for more than 25 years, designing toys for popular franchise brands like Transformers, G.I. Joe and Pokémon. But his dream job abruptly ...