Premium toys drive US toy market rebound

Shoppers have turned away from more affordable options in favor of toys at higher price points, according to Circana.

Target, Jeremiah Brent team on bedding collection

The “Queer Eye” star’s line aims to provide affordable, stylish bedding options to suit the retailer’s budget-conscious customers.

Some categories, like intimates, are already seeing shifts as shoppers buy clothes for new body sizes and routines, according to a Circana report.

Sales plummeted last year and the direct-to-consumer footwear brand, which has never turned a profit, closed all full-price U.S. stores in Q1.

Inflation pushed dollar stores to expand their price points. Higher-income shoppers, pressured by the same headwind, came along for the ride.

As part of its turnaround the women’s plus retailer closed more than 150 stores and brought lower price points to nearly a third of its…