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>Like many toy companies, Hasbro is struggling with a slowdown in sales after a surge during pandemic lockdowns when parents were splurging on toys to keep their children busy. Last holiday season, many toy companies had to slash prices to get rid of merchandise due to weak demand. And the challenges have continued. Toy sales in the U.S. were down 8% from January through August, based on Circana’s most recent data.
>https://apnews.com/article/hasbro-job-cuts-toys-pandemic-4917d94e34e142cc19d4c765b1a85993
>https://apnews.com/article/hasbro-job-cuts-toys-pandemic-4917d94e34e142cc19d4c765b1a85993
