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FAIRFIELD-SUISUN, CALIFORNIA James Cavicchia, right, with his son Joseph, 12, checks out Christmas gifts he bought at Toys et Cetera store in Hyde Park in Chicago on Nov. 18, 2020. (Zbigniew Bzdak/Chicago Tribune /TNS) Parents feeling guilty about Covid-19 ignites boom in toy sales Celebrating the holidays might be pretty ho-hum, but one area that’s booming is toys. After a terrible year of remote school, canceled birthday parties and little vacationing, parents and grandparents ridden with so-called “Covid guilt” are spending a lot more on puzzles, crafts and games. And this is setting...

Celebrating the holidays might be pretty ho-hum, but one area that’s booming is toys. After a terrible year of remote school, canceled birthday parties and little vacationing, parents and grandparents ridden with so-called “Covid guilt” are spending a lot more on puzzles, crafts and games. And this is setting up the U.S. industry for its best Christmas in years—and maybe ever. “I’ve been in the toy industry for 30 years, and sales are just about as good as I’ve ever seen them,” said Jay Foreman, chief executive officer of closely held toymaker Basic Fun. Retail purchases of hi...

‘COVID guilt’ is setting up toy industry for its best Christmas in years As families cancel plans to get together, toys are a safe way to make kids feel better. A toy display at Nebraska Furniture Mart on Dec. 4 in The Colony.(Vernon Bryant / Staff Photographer) Celebrating the holidays might be pretty ho-hum, but one area that’s booming is toys. After a terrible year of remote school, canceled birthday parties and little vacationing, parents and grandparents ridden with so-called “COVID guilt” are spending a lot more on puzzles, crafts and games. And this is setting up the U.S. ind...

U.S. imports from China surge in 2020 despite tariffs, pandemic: media Despite the Trump administration’s tariffs on Chinese goods and the ongoing COVID-19 pandemic, U.S. imports from China are surging as the year 2020 draws to a close, The New York Times reported on Monday. “The surge in imports is another byproduct of the coronavirus, with Americans channeling money they might have spent on vacations, movies and restaurant dining to household items like new lighting for home offices, workout equipment for basement gyms, and toys to keep their children entertained,” the report said. Tr...