Monthly Archives: October 2017

Will the Toys ‘R’ Us Bankruptcy Hurt Other Companies?

It was only a few weeks ago that Toys ‘R’ Us announced it would file for Chapter 11 bankruptcy, just shy of the holiday season. But Toys ‘R’ Us may not be the only company to suffer as it takes this step to restructure its debts. For toy manufacturers Hasbro and Mattel, Toys ‘R’ Us is the second biggest customer (behind Wal-Mart). Will the bankruptcy hurt those companies? When the first rumors started to swirl regarding a potential bankruptcy filing by the retail toy giant, shares for Mattel and Hasbro fell slightly. But when the rumors turned out to be true, Hasbro and Mattel bounced back. And going into the holiday season, it seems they will do just fine. The two companies have lowered their dependence on brick-and-mortar toy stores as online shopping becomes more and more popular. However, some questions remain. Mattel and Hasbro are Toys ‘R’ Us’ second…
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