Reuters/Jim Young
- Target is favored to take the largest amount of Toys R Us assets.
- Toys R Us filed for bankruptcy just last week.
- There may be notable competition to Target in the retail space for those assets.
- Follow Target shares in real time.
Target is well positioned to be the biggest beneficiary of the Toys R Us liquidation, according to a Credit Suisse note from analyst Seth Sigman. Toys R Us filed for bankruptcy Thursday, and will begin liquidating its stores and inventory.
While Amazon could compete for those assets, Sigman says Credit Suisse sees Target “benefiting disproportionately” to its peers. The key reason is that most Toys R Us stores are right next to Target stores. See the rest of the story at Business Insider
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