Elmo, not just in Santa's bag of toys: Perez said Hasbro is "hugely excited" about its new Sesame Street toys. "We created the line based on three things," he said.

One month since T.M.X. Elmo first laughed, slapped his knee and keeled over onto U.S. shoppers' stage, consumers' efforts to secure one of the now-scarce furry red dolls has become increasingly ...

Elmo’s two-decade reign as toy king. Quartz reporter Roberto Ferdman talks about the fuzzy beloved character that has made kids go crazy and parents go crazier since 1996.

There are certain Christmas toys in America that families and hobbyists may remember as cult classics: G.I. Joe, Little Tikes, Cabbage Patch Kids, Star Wars, Beanie Babies are among them.

When Elmo Live arrives in stores on Tuesday, it will cost $60 -- about a third more than last year's model, and above the $50 tag that once was the high-water mark for most toys.

The Elmo Doll has been a smash hit since it first hit shelves in 1996, topping "favorite toys" lists almost every Christmas. There are a bunch of theories explaining why toddlers go seriously gaga ...

NEW YORK (CBSNewYork) --With talk of snow in the forecast, can the holiday shopping season be far off? December will be here before you know it and the must-have toy list for kids is already here ...

The latest Elmo incarnation was unveiled on Thursday -- a new version of last year's hit T.M.X. Elmo that allows kids to induce a case of the hiccups or a laughing fit to the tune of "She's a Maniac." ...

It was an instant success, and Tickle Me Elmo became the one of the hottest toys during the 1996 holiday season. But not before a Nov. 26, 1996 Indianapolis Star story noted that the red Sesame ...