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Stuffed animals. Photo: VCG/VCG via Getty Images

Retailers are expected to sell more small, squishy toys this holiday season amid increasing shipping costs and a shortage of shipping containers for bigger toys, CNN reports.

Why it matters: Global supply chain logjams have left retailers with empty shelves for customers looking to spend more money this holiday season, Axios' Joann Muller writes.

The big picture: The 20-foot and 40-foot containers used for overseas shipping have become more scarce and it's become more expensive to deliver goods to the U.S., per CNN.

By the numbers: The rate for a 40-foot container from Shanghai to Los Angeles would be $10,299, up 238% from last year, per CNN.

  • Toymaker Basic Fun can fit about $250,000 worth of Mash'ems and Cutetitos —small, stuffed toys — in a container versus $120,000 worth of Tonka Trucks and Care Bears, per CNN.
  • Yogibo, a furniture company, can fit 200,000 Squeezibo units and 15,000 Mates totaling nearly $2 million in a 40-foot container. The same container would fit just 2,500 blankets for $200,000 in sales.

What they're saying: "It's a simple case of how much sales volume fits in the container when containers are hard to come by," Basic Fun CEO Jay Foreman said.

  • "We're going to pivot to smaller items" this holiday, Learning Express Toys owner Rick Derr said, according to CNN. "If you sell enough of them you can make up the [sales] that we lose not having the bigger items."

Go deeper

Updated Nov 26, 2021 - Economy & Business

America's treat-yourself shopping season

Illustration: Shoshana Gordon/Axios

Inflation is driving prices up, but that's not keeping people out of stores.

What's happening: Retail sales climbed for the third straight month in October — and industry experts say holiday shopping could come roaring back this year after a pandemic-induced slump last year.

Updated 45 mins ago - Health

New Zealand aims to create smoke-free generation with tobacco ban

New Zealand Prime Minister Jacinda Ardern at a December news conference in Auckland, New Zealand. Photo: Phil Walter/Getty Images

New Zealand officials announced Thursday legislative plans to outlaw smoking by making it illegal to sell or supply tobacco products to the next generation as part of a lifetime ban.

Why it matters: "People aged 14 when the law comes into effect will never be able to legally purchase tobacco," Associate Health Minister Ayesha Verrall said in a statement announcing the proposed law, part of the Smokefree 2025 Action Plan.

California father and son accused of "reckless arson" in Calder Fire

Firefighters at the Caldor Fire along Highway 89 west of Lake Tahoe, California, in September. Photo: Wally Skalij/Los Angeles Times via Getty Images

California officials said they arrested a father and son Wednesday on suspicion of starting the Caldor Fire, which threatened the Lake Tahoe area as it burned for over two months earlier this year. They deny any wrongdoing.

Why it matters: The wildfire was the 15th-biggest ever recorded in California, razing more than 1,000 structures, forcing thousands to evacuate and injuring five people as it burned across nearly 222,000 acres of land in El Dorado, Amador and Alpine counties.

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