Here's how the Toys R Us sweepstakes is shaping up

March 31, 2018

Toys R Us Getty/Jack Taylor

Target stands out as a likely winner, as many of its stores are in close proximity to Toys R Us stores.
Don't count out Walmart, for the same reason.
And never count out Amazon.

Toys R Us is going out of business, liquidating its inventory, and planning to sell its 800 storefronts in the U.S. and U.K. In a fiercely competitive retail industry with one-stop shops like Walmart (NYSE:WMT), Target (NYSE:TGT), and Amazon (NASDAQ:AMZN), Toys R Us couldn't keep up. In fact, it says those three are to blame for its decision earlier this month to completely shut down the business, after the bigger retailers ruthlessly slashed toy prices at their stores during the holiday season.

Of course, that was a strategic move by those three, as each stands to gain when one of the largest toy stores in the country shuts down and abandons its storefronts.

See the rest of the story at Business Insider

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