Q Toys, which started out as a small toy and hobby shop in Houston’s Midtown neighborhood, is now open to shoppers on a wider scale. In an email sent out earlier this month, Q Toys noted store owner Stephanie Boggs has decided to sell her retail business and seek the assistance of a buyer. Boggs, who first opened the shop in Burnet Road in 2020, cited health concerns among her reasons for her decision to leave. She did not state any details about what type of business she is looking to acquire.
The toy industry as a whole is going through a tumultuous period right now with the introduction of the “toy wars,” which has pitted giant toy manufacturers against small toy manufacturers. Many believe this competition has driven prices down. In response, some toy makers have reduced the quality of toys available at lower prices. Other toy manufacturers have taken to producing knock-off versions of popular characters such as Barbie, Bob the Builder, My Little Pony, Disney’s Cars, and Power Rangers.
According to industry analysts, it is expected that toy stores across the country will have some difficulty holding their prices on older brands, such as Barbie and Bob the Builder. Many retail chains have already reduced the availability of these toys. Consumers and toy store owners alike have started taking advantage of discounts offered by online shopping websites. For consumers, there are other alternatives, such as ordering their favorite toy toys online or checking out discount websites where they can find great deals on popular toys.