Retail News

Toy store says its money is tied up in SVB debacle

CNN 03/13/2023

Camp, a toy retailer backed by venture capital, sent an email to customers last week saying that it was slashing prices to raise enough money to continue operating its business after its money got tied up in the Silicon Valley Bank failure. Customers can use the “BANKRUN” promotional code to save 40 percent on all merchandise. Camp, founded in 2018, has nine stores in California, Connecticut, Massachusetts, New York, New Jersey, and Texas.

Source: CNN


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