, Columnist
Hasbro and Mattel Have the Tools for a Comeback
The Toys 'R' Us bankruptcy and a box-office slump are hurting -- but the toymakers have fixes.
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While much of the retail industry is still basking in the glow of strong holiday sales, two big names in the toy business -- Hasbro Inc. and Mattel Inc. -- probably aren't feeling the joy.
One of their key partners, Toys "R" Us Inc., announced in September it was filing for bankruptcy; it likely struggled to execute on its holiday plans. The third-quarter results the big-box store reported in December didn't inspire much confidence about its Christmas sales.