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Toys “R” Us to Close Most US Stores: Will Toymakers Take a Hit?

Adrian Stevens
Updated
Toys “R” Us to Close Most US Stores: Will Toymakers Take a Hit?

Toys “R” Us going out of business is sad news for shoppers and toymakers, including Mattel (MAT), Hasbro (HAS), and the Denmark-based Lego. As one of the world’s leading toy retailers, Toys “R” Us was the key distribution partner for Mattel and Hasbro. In 2017, Toys “R” Us accounted for $0.4 billion of Mattel’s sales and was one of the top three customers for the company, alongside big-box retailers like Walmart (WMT) and Target Corporation (TGT).

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