Toymakers say there is 'widespread panic' following Toys R Us bankruptcy

Within hours of Toys R Us’s bankruptcy filing last week, the maker of Max Tow Truck and Animal Babies Nursery sounded a financial alarm of its own: Jakks Pacific, the company said, expected to swing to a loss this year as a result of the mega-retailer’s bankruptcy.

Toys R Us owes $14.06 million to Jakks, which last year posted a profit of $1.2 million,…