Supply chain issues could fuel toy craze… Record number NOT buying gifts?

Sharing is Caring!

As the holidays near, toy companies and retailers warn that some presents might be harder to find as businesses struggle against inflated shipping costs, labor shortages and other supply-chain issues.

The result could be a phenomenon only experienced a few times in the last four decades: a toy craze, which erupts when a toy captures the hearts of children, producing a feeding frenzy around the holidays as panicked parents try to secure one. The ensuing craziness can fuel a new line of products — or even save a famed television show.

In 1977, 22-year-old Xavier Roberts created Cabbage Patch Kids, making each of his one-of-a-kind “Little People” by hand. The soft, squishy baby dolls had round features and eyes set a little too close together.

See also  mRNA "Vaccines" May cause Undesirable Side Effects That Could Prevent Their Regulatory Approval BioNTech SEC Filing

www.msn.com/en-us/news/us/opinions-supply-chain-issues-could-fuel-a-holiday-toy-craze/ar-AARa83X

Code Tenderloin, a nonprofit group serving the homeless in San Francisco, said it has about $7,000 worth of gift cards to hand out to those who need the extra financial assistance over the holidays.

In recent weeks, requests from members of the community have poured in for food, clothing and gifts. Others are merely seeking Code Tenderloin’s help to put a roof over their heads on a rainy evening. And those solicitations will likely only mount as the holiday season drags on, said Donna Hilliard, executive director at Code Tenderloin.

See also  Governments Have Been Screwing Up Their Supply Chains For 2,000 Years

“While everybody is going through their day-to-day, super excited about this holiday season, we have a whole community of folks who are stressed out,” said Hilliard in a phone interview. “We’re seeing more demand this year than we’ve ever seen.”

www.cnbc.com/2021/11/25/holiday-shopping-2021-more-americans-wont-be-buying-holiday-gifts-this-year.html

639 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.