1. Department: Consumer Durables

Hasbro, Mattel shares plunge as toymakers forecast a lackluster holiday season

Written by Posted on Less than 0 min read

​[[“value”:”Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys.”]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Department: Consumer Durables

Target shares sink more than 20% after company says high costs, inventory woes hit profits

The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips. View Original Article Dept. Nonfood Dept. Toys & Games Operations & Supply Chain Shoppers Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Data & Insights

LeBron James NBA Finals jersey expected to fetch up to $5 million at auction

[[“value”:” LeBron James game-worn jersey from the athletes NBA finals game 7 victory over the Miami Heat in 2013, is on display during a press preview at Sotheby’s auction House on January 20, 2023, in New York City. Angela Weiss ]]  View Original Article Data & Insights CNBC Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

‘It’s just an arms race.’ How to make the most of Amazon’s next ‘Prime Day’ sale and Target’s ‘Deal Days’

Early sales events can be a great opportunity to save money on holiday gifts at a time when consumers feel cash-strapped. View Original Article Dept. Nonfood Amazon Target Consumers Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Corporate Finance

Birkenstock slides more than 12% in stock market debut after opening at $41 per share

​[[“value”:”Shares of German shoe brand Birkenstock fell more than 12% in their market debut on the New York Stock Exchange on Wednesday after ir priced its IPO at $46.”]]  View Original Article Results & Investment Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Trends & External Forces

U.S. government allows Mexican avocado imports to resume after brief suspension

The U.S. Department of Agriculture announced Friday that imports of Mexican avocados could resume after a brief pause. View Original Article Government International - North America CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Holiday & Events

AI is giving Santa a boost this holiday season

​[[“value”:”From using chatbots to predicting demand for items, retailers are experimenting with and expanding use of generative AI this holiday season.”]]  View Original Article AI Technology & Innovation Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Uncategorized

NBA legend Shaquille O’Neal says without Lebron James, the Lakers will never win again

Some have suggested that trading James may be the quickest and easiest way to fix the team’s disconnect. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Corporate Strategy

Gap taps top Mattel executive to be its new CEO

​Richard Dickson, Mattel’s president and chief operating officer credited with reviving the Barbie franchise, was selected to be Gap’s new chief executive.  View Original Article Dept. Toys & Games Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Department: Food

Beyond Meat reports wider-than-expected loss, falling revenue

Beyond Meat reported a wider-than-expected loss as demand for its meat substitutes tumbled. View Original Article Dept. Fresh CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. Holiday & Events

Airlines cancel more than 12,000 flights during severe winter storms and scramble to rebook holiday travelers

Spare seats were hard to find for many travelers because flights were so full and schedules limited.[[ Denver Post ]]  View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Associates & Employees

Chipotle wants to hire 19,000 workers for busy spring season, will offer new financial perks

The burrito chain’s recruitment goal is up about 27% from a year ago. View Original Article Associates Restaurants Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Department: Consumer Durables

Shein files for U.S. IPO as fast-fashion giant looks to expand its global reach

​ ​  ​[[“value”:”Shein has confidentially filed to go public and could start trading on the public markets as soon as next year, people familiar with the matter said.”]]  View Original Article Results & Investment Start Ups Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Corporate Strategy

Hermes CEO says ‘no strategy’ to increase prices despite disappointing fourth quarter

French luxury goods brand Hermes said it has “no strategy” to significantly increase prices or expand production despite disappointing fourth quarter results. View Original Article Executives Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Uncategorized

Jim Cramer’s Investing Club meeting Friday: Be selective buying in this market

 [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Shopper & Customer

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

​[[“value”:”Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.”]]  View Original Article Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Channel: Mass

Walmart says shoppers are on alert as grocery bills climb

The giant retailer said it has kept the number of sales high and is talking to vendors to hold down price, too. View Original Article Shoppers Vendors Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth

The nation’s largest grocer sees room to build on its inflation-fueled grocery gains. View Original Article Economy Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. Associates & Employees

Starbucks, Workers United made ‘significant progress’ in this week’s contract talks

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract. View Original Article Restaurants Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Department: Consumer Durables

Reebok owner Authentic Brands strikes $254 million deal for Ted Baker fashion brand

Tuesday’s announcement resolves months of speculation around the future of the British fashion moniker, which was forced to put itself up for sale. View Original Article Dept. Apparel International - UK Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Corporate Finance

Pickleball, a paddle sport with a whimsical name, is becoming big business

The rapid growth of pickleball has caused a flurry of investment. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
Next