Thursday, March 29, 2018

Toys R Us stores set to be bid on by Target, Big Lots and Aldi, among others

CNBC

Several Toys R Us stores are scheduled to be auctioned off later this week, according to court documents filed Tuesday. that were reviewed

Out of the 58 "qualified bids" being considered, Target and Aldi both are looking at one location in Kendall, Florida, which is near a handful of college campuses. Big Lots is bidding on five stores — in Fresno, California; Exton, Pennsylvania; Durham, North Carolina; Woodbridge, Virginia, and Indianapolis. Furniture chain Raymour and Flanigan is looking to bid on three stores — two in New Jersey and one in New York. Golf & Tennis Pro Shop, which owns PGA Tour Superstore, will bid on the same Indianapolis store as Big Lots, along with a store in Vernon Hills, Illinois. . . . more