Toys from Barbie dolls to board games are flying off the shelves, literally and virtually, as parents look for ways to entertain their children during the coronavirus pandemic. But retailers haven’t rushed to restock their inventory, causing financial pain at toy makers. The discrepancy caused sharp revenue declines at Hasbro Inc. and Mattel Inc. in the second quarter compared with a year earlier, even as the companies say global retail toy sales rose in the period.

Source: Wall Street Journal July 27, 2020 17:03 UTC