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Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has led the U.S. box office since debuting in theaters Feb. 7, said revenue jumped to $4.5 billion from nearly $4 billion in 2012. Rival Mattel Inc., the El Segundo toymaker behind the Barbie brand, said last month that its full-year revenue rose 1% to $6.5 billion. Lego Chief Executive Jorgen Vig Knudstorp said in a statement that the business has more than quadrupled revenue in less than a decade. Lego enjoyed “healthy”...

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