There's some trouble in toyland, and companies are blaming Toys R Us.
Mattel, the maker of Barbie dolls and Hot Wheels cars, reported disappointing third-quarter results late Thursday and said it was hurt by Toys R Us' Chapter 11 bankruptcy filing last month. Hasbro, the maker of My Little Pony and Monopoly, had also blamed weak results on the Toys R Us situation.
Both companies said they temporarily slowed shipments to Toys R Us ahead of its bankruptcy. Both said they are working with the retailer to get their toys on its shelves during the holiday season.
U.S. & World
Toys R Us had said it planned to work with suppliers and would keep its 1,600 Toys R Us and Babies R Us stores open. It didn't immediately respond to a request for comment Friday.