With the Toms River and Freehold Toys R’ Us locations closed, what might fill the retail spaces left behind?
The Wall Street Journal says stores like Hobby Lobby, or even stores owned by Burlington Stores Inc. or TJX Co.–which owns TJ Maxx, Marshalls and Home Goods—are popular contenders.
The July 5 WSJ.com article said Hobby Lobby is most likely to occupy the storefronts, about 475 of them. Off-price retailers, specialty grocers and fitness centers may be interested in the stores that are about 35,000-square-feet. A TJ Maxx or Marshalls may feel right at home at the smaller locations, ranging from 20,000- to 25,000-square-feet.
Toys R’ Us began liquidation sales back in March.
The Toms River location closed June 27, two days earlier than expected. Read about that here.
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