Barbie's world shaken by Toys R Us bankruptcy - News Summed Up

Barbie's world shaken by Toys R Us bankruptcy


There's trouble in toyland, and companies are blaming Toys R Us. Earlier this week, Hasbro, the maker of My Little Pony and Monopoly, also blamed weak results on the Toys R Us bankruptcy filing. Both companies said they temporarily slowed shipments to Toys R Us ahead of its bankruptcy, and both said they are working with the retailer to get their toys on its shelves during the holiday season. Toys R Us had said when it filed for bankruptcy protection that it planned to work with suppliers and would keep its 1,600 Toys R Us and Babies R Us stores open. Even before the Toys R Us bankruptcy, toy makers have had trouble selling their goods to kids today, many of whom would rather play with an iPad.


Source: ABC News October 27, 2017 20:58 UTC



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