Reported 1 day ago
Kip's Toyland, Los Angeles' oldest toy store, faces existential challenges as tariffs of 145% on Chinese imports threaten its operation, given that around 80% of toys sold in the U.S. are made in China. With increased prices from suppliers and production halts looming, owner Don Kipper is uncertain about the future of his nearly 80-year-old business, which has survived numerous hardships. While the store remains a nostalgic haven for classic toys, rising costs may force families to reconsider their purchases.
Source: YAHOO