An Overlooked Pandemic Casualty: Independent Toy Stores

Maurie Backman, The Motley Fool
·3-min read

Mom-and-pop shops have long been struggling to compete against big-box stores and online retail giants like Amazon (NASDAQ: AMZN). Sales at toy and hobby stores declined 26% between mid-March of 2020, when coronavirus-related restrictions were first implemented, and late October, compared to the previous year, reports Womply, a software platform for small businesses. It's not just the pandemic that's causing independent toy stores to struggle.