Retailers have been trying to find that next biggest toy item, by spending millions of dollars on research and development. It turns out that kids these days like newer versions of old classics, or at least that is what their parents are buying. Toys like Barbies and Legos are still among the top purchased toys. With toy sales flat for the last few holiday seasons retailers are trying to respond to the trend. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins America’s Newsroom on Fox News to discuss what parents are spending their money on this holiday season for their kids and families.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: america's newsroom, barbies, chapwood investments, ed butowsky, financial advisor, fox news, legos, retailers, toy spending, toys, wealth manager