The placing of Toys R Us into liquidation – putting more than 30,000 jobs in jeopardy in the US alone – has also put toy manufacturers, including Mattel and Hasbro, at risk. In a statement to BuzzFeed News, Hasbro said: “While we are disappointed that our business is being forced out of business, it does not change what we stand for or how much we care about creating Amazon and Walmart are predicted to be the big winners from the demise of Toys R Us, potentially claiming 40% and 30% of its business, respectively, according to Jefferies.
The placing of Toys R Us into liquidation – putting more than 30,000 jobs in jeopardy in the US alone – has also put toy manufacturers, including Mattel and Hasbro, at risk. The $27bn US toy industry no longer has a major partner to showcase and test its products year-round, forcing companies to scramble around for other outlets. Amazon and Walmart are predicted to be the big winners from the demise of Toys R Us, potentially claiming 40% and 30% of its business, respectively, according to Jefferies.