

Business Wars
Wondery
Netflix vs. HBO. Nike vs. Adidas. Business is war. Sometimes the prize is your wallet or your attention. Sometimes, it’s just the fun of beating the other guy. The outcome of these battles shapes what we buy and how we live. Business Wars gives you the unauthorized, real story of what drives these companies and their leaders, innovators, investors and executives to new heights -- or to ruin. Hosted by David Brown, former anchor of Marketplace. From Wondery, the network behind Against the Odds and American History Tellers.Listen to Business Wars on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App or on Apple Podcasts. Start your free trial today by visiting wondery.com/links/business-wars/ now.
Episodes
Mentioned books

Dec 13, 2023 • 41min
Toys R US vs KB Toys | The Comeback Kid, Plus Hot Wheels! | 5
Forbes Senior Contributor Joan Verdon shares insights into the toy industry's current landscape, discussing Toys R Us's potential comeback and its challenges. Bruce Pascal, a commercial real estate agent and Hot Wheels collector, unveils his impressive museum of miniature cars, including the 'holy grail' of the collection. They explore the nostalgic experiences tied to Toys R Us and KB Toys while highlighting the enduring popularity and innovative history of Hot Wheels that continues to captivate collectors and kids alike.

Dec 6, 2023 • 36min
Toys R US vs KB Toys | Tears 'R' Us | 4
In 2004, toy retailers are reeling from Walmart’s aggressive pricing, pushing KB Toys to the brink. Toys R Us steps up to battle but finds itself in a fierce struggle for survival as debts pile up and Amazon becomes a rival. With KB Toys declaring bankruptcy, the race to negotiate a comeback begins. As the toy landscape shifts, Toys R Us dreams of revival with plans for flagship stores and innovative locations. Industry experts weigh in, igniting hope for a new era in toy retail.

Nov 29, 2023 • 36min
Toys R US vs KB Toys: Christmas Carnage | 3
In 1999, the retail landscape shifts as the internet emerges, challenging traditional toy giants. Toys R Us struggles with online strategy, suffering a holiday setback. Meanwhile, KB Toys seizes the moment, negotiating a deal with Amazon that changes the game. The rivalry intensifies as both companies navigate exclusive products and aggressive competition from Walmart. Dive into the tumultuous toy wars where innovation and partnership will determine who thrives in a rapidly evolving marketplace.

Nov 22, 2023 • 35min
Toys R US vs KB Toys | Toy Hunter | 2
In the 1990s, Toys “R” Us reigns supreme but faces mounting pressure from Walmart and Costco. Strategic battles unfold as Toys “R” Us collaborates with toymakers for dominance. Meanwhile, KB Toys struggles to adapt to the shifting landscape of mall-based retail. The rivalry intensifies with Toys “R” Us chasing exclusivity while both giants grapple with online competition. Nostalgic tales of father-son bonding highlight the challenge of attracting new customers in a digital age, revealing the transformation of the toy retail world.

Nov 15, 2023 • 36min
Toys R US vs KB Toys | Category Killer | 1
Charles Lazarus, the founder of Toys 'R' Us, shares his captivating journey from running a small baby furniture store to building a toy empire. He discusses the origins of his success and the fierce competition he faced from KB Toys. Tension fills the air as Lazarus recounts high-stakes negotiations over toys like 'slime,' revealing the industry's pressures. The rivalry between Toys 'R' Us and KB Toys highlights contrasting strategies—innovation versus discount pricing—setting the stage for an epic battle in the toy market.

Nov 9, 2023 • 36min
Best of Business Wars Daily | Toying Around | 6
Comedian Gianmarco Soresi, known for his special in Netflix's "Verified Stand-Up," joins toy industry expert James Zahn, Editor-in-chief of The Toy Book. They dive into the nostalgia-driven revival of iconic toy stores like Toys R Us and how childhood memories shape consumer behavior today. The duo weighs in on the recent cinematic journeys of toys like Barbie while pondering which toys might succeed or flop as movie stars. Their witty banter and personal anecdotes bring the evolving landscape of play to life, making it a delightful listen.

16 snips
Nov 8, 2023 • 42min
CVS vs. Walgreens | Trouble Behind the Counter | 5
Dan Weissmann, host of An Arm and a Leg, sheds light on the pressures facing pharmacies due to consolidation and rising drug costs. He discusses the impact on consumers and how big chains like CVS and Walgreens are adapting. Liz Tung, a reporter for WHYY’s The Pulse, dives into the shadowy world of pharmacy benefit managers (PBMs), revealing their detrimental effects on both customers and independent pharmacies. Together, they explore the competitive pharmacy landscape and the struggle for affordable healthcare.

13 snips
Nov 1, 2023 • 36min
CVS vs. Walgreens | The Doctor is In | 4
In 2013, CVS's CEO Larry Merlo contemplates a bold move to remove cigarettes from store shelves, sparking an ethical debate. Meanwhile, Walgreens faces pressure as CEO Greg Wasson navigates a major acquisition that could change its future. The rivalry intensifies with CVS's commitment to health over profits and Walgreens' struggle to adapt to a shifting market. The podcast also highlights the strategic merger that reshapes the retail pharmacy landscape, setting the stage for a battle between two giants in healthcare.

9 snips
Oct 25, 2023 • 33min
CVS vs. Walgreens | A New Prescription | 3
In 2009, Walgreens faces a crisis after losing its CEO and market leadership to CVS. The company strategizes a comeback, exploring innovative growth tactics and acquisitions. Tensions escalate with CVS, especially over legal issues surrounding pseudoephedrine sales. Walgreens' partnership with Theranos shows ambition but faces skepticism. As contract disputes arise, the competitive dynamics of the healthcare retail arena shift dramatically, with CVS poised to capitalize on Walgreens' struggles.

9 snips
Oct 18, 2023 • 36min
CVS vs. Walgreens | Clinic Bait | 2
The late 90s saw a fierce showdown as CVS and Walgreens vied for prime locations. With millions of aging boomers poised to boost pharmacy spending, CVS aimed to transform its stores into healthcare hubs, outpacing Walgreens. The rise of Minute Clinics revolutionized patient experiences, blending convenience with care. CVS's ambitious $21 billion deal for Caremark intensified their rivalry, even as skepticism loomed. This clash between two giants reshaped the landscape of pharmaceutical care for the future.