Thursday, April 5, 2018

What Bidders Are Willing to Pay for Toys ‘R’ Us Stores

NREI Online
As Toys ‘R’ Us winds down its business for good, the company’s website is no longer operational for everyday Americans looking for liquidation bargains. The company is still attracting buyers, however, as retailers, landlords and other investors bid for the defunct retailer’s physical locations.

Some of the store selloffs, including about 100 locations, started in December, after the company initially filed for Chapter 11 bankruptcy protection. Now that the entire portfolio of about 700 remaining stores is closing, however, retailers that need to scoop up stores for expansion plans and landlords eager to increase rent revenues are lining up for more.. . . more