Toys R Us is re-opening, but don't expect a store near you

5 months ago by Joshua Fruhlinger in Facts, News

Retail news is buzzing this morning with word that Toys "R" Us ($PRIV_TOYSRUS) is finally revealing its resurrection plans. 

In a press release this morning, a new company called "Tru Kids" will begin operations of Toys "R" Us, Babies "R" Us, Geoffrey, and several other retail brands.

But don't head out the door to your favorite Toys "R" Us location to browse the LEGO aisle just yet. The new brand will only open 70 stores, and they'll be in Asia, India, and Europe. Meanwhile, a new e-commerce platform will handle sales to other markets, most notably North America.

In short, the several-thousand United States Toys "R" Us locations that were closed over the past few years will remain closed.

It's unclear if the company will eventually re-open stores in the United States. But there is some hope: a number of the now-vacant locations remain available for lease from REITs like Brixmor Property Group and CBL & Associates.

This 32,500 square-foot spot in Altoona, PA, for instance, remains available:

Others, however, have already been converted to other outlets, such as this large CBL Properties' 50,000 square-foot space at Jefferson Mall in Louisville, KY:

That all said, several of the ex-Toys "R" Us spaces remain available for lease. While REITs are clearly marketing them and opening them up to other new tenants, there is space available, and the signs and aisle furniture just may still be intact.

Entity Name

Tenant Name

Name (Stores)

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Belconnen

Brixmor Property Group

Toys \"R\" Us

Mansell Crossing

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Miranda

Brixmor Property Group

Toys \"R\" Us

Grand Traverse Crossing

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Tea Tree Plaza

Brixmor Property Group

Toys \"R\" Us

Arborland Center

Simon Property Group

Toys \"R\" Us

Newport Centre

Simon Property Group

Toys \"R\" Us

Sawgrass Mills®

Simon Property Group

Toys \"R\" Us

Columbia Center

Brixmor Property Group

Toys \"R\" Us

Florence Square - Florence Plaza

Simon Property Group

Toys \"R\" Us

The Empire Mall

Simon Property Group

Toys \"R\" Us

Northshore Mall

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Hornsby

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Doncaster

Peterson Companies

Toys \"R\" Us

Fair Lakes Center

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Fountain Gate

Brixmor Property Group

Toys \"R\" Us

The Commons at Wolfcreek

Brixmor Property Group

Toys \"R\" Us

North Dover Center

LBG Real Estate

Toys \"R\" Us

Portage Plaza

Simon Property Group

Toys \"R\" Us

Arizona Mills®

Brixmor Property Group

Toys \"R\" Us

Park Hills Plaza

Urban Edge

Toys \"R\" Us

Hudson Mall

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Garden City

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Parramatta

Urban Edge

Toys \"R\" Us

Queens (Rego Center)

Westfield Shopping Centres - Scentre Group

Toys \"R\" Us

Westfield Knox

Join the businesses who have begun to edge out competitors by scouring the web for “alternative” data.

Request demo
Ready for a personalized tour?

Joshua Fruhlinger

Joshua has been writing about technology, lifestyle, and business for over 20 years. He's one of the original writers and editors for Engadget, and still writes a...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.