Wednesday, December 20, 2017

The retailer that could benefit most from Toys ‘R’ Us store closures is…

As Toys “R” Us mulls another round of store closures, Target is positioned to benefit most from the fallout.

The embattled toy retailer is considering closing more than 100-plus stores. If this plan materializes, Target is primed to pick up some lost sales, according to CNBC.

According to a note to his clients, UBS analyst Michael Lasser said in the report, “93% of Toys “R” Us stores are within a 15 minute drive of a Target. Toys “R” Us and Target are exposed to a similar consumer demographic.”. . . more

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