(CNBC) -- Toys R Us’ bankruptcy was not the death of toys.
Although toy sales will likely decline this year, sales are expected to pick up again in 2020, according to a recent report from NPD Group.
“Most people thought that when Toys R Us shuttered its doors that the industry would fall apart,” said Juli Lennett, vice president and industry advisor at NPD Group. “But it didn’t, and it’s not going to.”
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