Who’s the Largest Retailer of Pop! Vinyl Figures?").
The company cut inventory in its stores, with changes that sounded like its mix needed adjusting. "During the quarter, we took aggressive actions to clear slow-moving merchandise from our stores and adjusted purchases to align our inventory levels with current business trends and future assortment strategy," CEO Mike Feurer said in a statement. FYE hopes to expand its exclusive merchandise, Fuerer said the conference call.
FYE lost $7.9 million for the quarter, up from a $.5 million loss in the year ago period. Trans World Entertainment, which operates etailz in addition to FYE, lost $8.1 million for the quarter.
As Merch Mix Re-Aligned
Posted by ICv2 on November 28, 2017 @ 4:07 am CT
New Omnibus Has the Power of Grayskull
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DC Comics is assembling its He-Man comics into one massive hardcover.
Freebies for Retailers Joining Pop-Up Spinner Rack Program
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In a reversal of a multi-decade policy, Diamond Comic Distributors has partnered with Premier publishers and Diamond Select Toys to offer retailers incentives for wholesaling comics to "complementary" businesses using one of its 44-Pocket Comic Spinner racks.
Expansion for WizKids Game
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WizKids is unleashing a Fistful of Monsters into its licensed Dungeons & Dragons: Rock Paper Wizard card game.