Joan Verdon
Joan Verdon is a retail reporter based in the shopping capital of the world, North Jersey. Send retail news, or views to her at [email protected]
Articles
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2 days ago |
retailwit.com | Joan Verdon
Hasbro beat expectations with its first quarter results, and reassured Wall Street that it is well-prepared to weather the impact of tariffs. View Original Article Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, web and web video experience. Has also worked as a copy editor and news editor.
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1 week ago |
forbes.com | Joan Verdon
The uncertainty about tariffs and how they will impact toy prices and consumer demand caused toymaker Mattel to withdraw its financial forecast for the year and warn that it may have to raise prices on toys sold in the United States.
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2 weeks ago |
uschamber.com | Joan Verdon
With consumers worried about inflation, and planning to cut back on discretionary spending, the competition for share of wallet is becoming more intense. While consumers are seeking value, they also are looking for uniqueness, and flexible and engaging shopping experiences. Pop culture tie-ins and other promotions are boosting in-store visits, and AI-powered tools are driving traffic to e-commerce sites.
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2 weeks ago |
forbes.com | Joan Verdon
The online wholesale marketplace Faire has noticed an interesting development over the past year. The marketplace, which was launched to give startup brands a way to sell unique items to local stores and shops, is now being used by some of the country’s leading publishers to sell lots of books. Publishers and booksellers have done over $100 million in sales through the platform, and book sales currently are surging, with sales up 75% year-over-year, according to Faire.
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2 weeks ago |
forbes.com | Joan Verdon
Hasbro stock soared today following a first-quarter earnings report that beat expectations. Executives also eased investors’ concerns about tariffs by outlining steps they have taken to mitigate the impact. The toy company’s stock was up more than 16% at midday, after it reported first quarter revenue was up 17% over the prior year. It reported adjusted earnings per share of $1.07, more than 50% higher than forecast by analysts.
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