Popular holiday toys are being bought and sold by bots at significant markups.
Many are out-of-stock through traditional retailers like Toys R Us, Walmart, and Target.
Some are being sold for up to 162 times their listed price.
Sen. Chuck Schumer is calling on retailers to take steps to prevent the problem.
If you've had trouble finding popular Christmas gifts like Fingerlings and the NES Classic Edition online, you're not alone.
Let the games begin: Toys R Us and Walmart (WMT) have unveiled their hot holiday toy lists, sending the message to shoppers that the Christmas selling season has officially begun. Expect to see more top-toy lists from retailers such...
Fingerlings are the hot toy this holiday season, and they're selling out faster than retailers can keep them in stock. The head of toys for Walmart convinced the Fingerlings' creator, Wowwee, to sell them for a lower price. Wowwee a...
Greedy grinches have set up software to buy hot holiday toys in bulk, then resell them to parents at sky-high prices. Here are tips on what to do.
Online bots go online and buy out popular holiday toys, leaving parents to comb through third-party sites and buy them at a markup.