These hot toys will cost NJ parents more this Christmas

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Not only is there going to be a big shortage of toys this Christmas shopping season, but now the reality of the steep price hike is going to crush parents as well.

I recently wrote about the toy shortage and it’s no joke. Labor issues and shipping issues galore. Just a small example? These shipping containers that you will see on the docks in Newark, you know, these huge metal containers that come in by freighters, cost $ 3,200 last year. Now they are costing businesses $ 22,000.

So it’s not just that supply is affected and you’ll see empty shelves where many of the most popular items kids want the most should be this Christmas season. Companies like Hasbro and Mattel have also announced that there will be big price hikes ahead for parents.

And if you think this is just a gimmick that companies are floating around to trick parents into freaking out to go out and buy early, think again. The following is a statement from Hasbro Chairman and CEO Brian Goldner.

“We have been successful in establishing price increases that will take effect in the third quarter and offset rising input and freight costs in the business. “

It wasn’t done through a PR firm just to get parents to act. It was actually included in the company’s last quarterly earnings call.

So, with prices set to rise on some of the more popular toys soon, parents might want to jump on their Christmas shopping right now.

The hottest toys of 2021 that could see their prices rise

Not only is there going to be a big shortage of toys this Christmas shopping season, but now the reality of the steep price hike is going to crush parents as well.

The above post reflects the thoughts and observations of New Jersey 101.5 talk show host Jeff Deminski. All opinions expressed are those of Jeff Deminski.

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