Dec 03 2019 33 mins 2k
Toys R Us, Payless, Brookstone, Sports Authority, Gymboree. Maybe you remember shopping at some of these stores. Maybe you remember reading elegies when they shut down. All of these stores were bought by private equity firms that claimed to see value in a fledgling brand. When that didn’t pan out, there were store closures, bankruptcy filings and a lot of layoffs. Many progressive politicians are now pointing to private equity as “exhibit A” in the case for more Wall Street regulation. Joining us to sort through it all is Marketplace reporter Marielle Segarra. Meanwhile, we’re looking for your 2020 predictions for our annual predictions episode. Send your voice memos to [email protected].
