This ad will be closed automatically in X seconds.

US toy retail sales dip 4% in 2019, says NPD

Highlights, however, included property growth for both Frozen and Toy Story.

US retail sales of toys generated $20.9 billion in 2019, compared with $21.8 billion in 2018 – a decline of 4%.

The news comes a week after it was revealed the UK toy market suffered a 6% decline in year on year sales in 2019.

The NPD Group said that industry performance in the US in 2019 was one of contrast. Sales in the first half of the year declined due to comparisons to the Toys R Us liquidation sales, which grew the first half of 2018. This was followed by growth in the third quarter (July to September), but there were declines in the fourth quarter (October to December), which has six fewer shopping days between Thanksgiving and Christmas.

Comparing noteworthy sales weeks over the holiday period, the week of Black Friday was flat when compared to the same time period in 2018, while the week of Cyber Monday grew 13%, and Christmas week grew 40%.

For the first time in NPD sales tracking history, toy sales during the week of Cyber Monday were larger than the week of Black Friday.

Meanwhile, Frozen and Toy Story were at the top of the property growth list, while L.O.L. Surprise led growth in the Fashion Dolls class. The Action Figures category increased 11% (led by growth in Toy Story and Fortnite) – combined these were almost half of growing properties in the category.

Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter and @licensing_source on Instagram.

MORE NEWS
CallyBeatonB&LLAs500x500
 
With just one week remaining until the Brand & Lifestyle Licensing Awards 2024, media entrepreneur, podcaster, writer and performer, Cally Beaton has been confirmed as host....
ZaraPlaymobil500x500
 
As master licensee for Playmobil, WildBrain CPLG handles worldwide rights across the brand’s core and franchise programmes for the Horst Brandstätter Group....
LMGFruit-tella500x500
 
Licensing Matters Global has secured a new deal for Perfetti Van Melle's Fruit-tella brand, with a range of fruit pouches for on-the-go consumers due to launch in the autumn in the UK and Ireland....
VeraandVille500x500
 
With 15 titles published in less than five years, Vera & Ville has emerged as one of Sweden's most beloved children's book series, with over 200,000 copies sold. ...
SesameStreet500x500
 
The Business Hub Group will manage consumer products, special activations and retail events for the classic brand in the territory....
Fallout500x500
 
15 licensing partners across categories including apparel, accessories, collectables, beverage and more are part of the launch for the merchandising programme, along with an Amazon storefront....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.