Amazon Interested In Vacant Toys R Us Stores

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    In an effort to expand its physical presence, Amazon considers purchasing vacant Toys R Us storefronts.

    Amazon may have been one of the reasons that Toys R Us went out of business. So now what will happen to all those vacant storefronts after it liquidates all of its 735 U.S. Toys R Us and Babies R Us locations?

    News has surfaced that the online giant is now interested in expanding its physical presence across the United States and is seeking to potentially acquire some of the vacant storefronts after Toys R Us shuts its doors for good.

    Last year Amazon began establishing its retail presence with the acquisition of 450 Whole Foods locations. Amazon is also opening up a small line of book stores and expanding its cashless convenience stores.

    Reportedly, if Amazon were to purchase these storefronts, they would be utilized to showcase their popular line of Echo devices. Amazon would transform the sites into their own facilities.

    Of course, it is quite possible that nothing materializes from these discussions. Recall, in 2015 when Radio Shack shut down, Amazon considered purchasing some of their locations at the time, but ultimately opted against that decision.

    Also, keep in mind, KB Toys, the defunct toy retailer, is planning to make a comeback in the wake of Toys R Us’s demise. However, they plan on opening up pop-up locations inside malls by this coming holiday.

    Source: Forbes

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