Toys R Us and Target make a holiday deal
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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
