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


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


  • A handful of Toys R Us stores are scheduled to be bid on later this week.
  • Companies interested in the locations include Target, Aldi, Big Lots and some real estate investment trusts.

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

    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...

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RSK: I am sure in our area they will be very selective as not to undermine their existing customer base. Both stores in Madison are on out lots at East & West Towne Malls.

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- - Volume: 6 - WEEK: 14 Date: 4/3/2018 8:53:13 AM -