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Make Me Smart with Kai and Molly

Episode 136: VC hype vs. Wall Street

Oct 22, 2019

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Marketplace Tech

Toys R Us and Target make a holiday deal

Marielle Segarra Oct 8, 2019
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Black Friday 2015, better days for Toys R Us.
Yana Paskova/Getty Images

After filing for Chapter 11 bankruptcy, with more than $5 billion of debt on its books, Toys R Us shut down entirely in 2018, closing all of its U.S. stores. But now, if you head to Toys R Us’ website — yes, it does still exist — and you try to buy something, it will redirect you to Target.com. The discount retailer and the creditors that own the Toys R Us brand have struck a deal this holiday season.

Click the audio player above to hear the full story.

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