Monday, June 25, 2018

Party City to open Toy City stores in wake of Toys R Us demise

CNBC
Party City said Monday it will open about 50 Toy City pop-up stores this year as Toys R Us finishes closing its last stores this week following its September bankruptcy.

Party City said it will roll out the temporary locations alongside its Halloween City pop-up shops in "optimal" markets where it found "attractive leasing opportunities." Many retailers have been able to negotiate favorable rents and lease terms because of a glut of vacant stores.. . . more