Target, Aldi Making Bids For Toys ‘R’ Us Locations

Target and Aldi are among the retailers making 58 “qualified bids” in a Toys ‘R’ Us store auction scheduled for March 29, according to CNBC. More than 10 real estate firms and private equity firms are involved as well.

Both Target and Aldi are both interested in a location in Kendall, Fla. that is near multiple college campuses. Other retailers making bids for stores include Big Lots, Golf & Tennis Pro Shop, Raymour and Flanigan and Ashley Furniture.

Real estate firms placing bids include Federal Realty, Urstadt Biddle, Red Mountain Group and Benderson. Many of the companies are known for acquiring and renovating troubled retail assets.


Interested retailers and the locations on which they are bidding include:

  • Aldi: Kendall, Fla.;
  • Target: Kendall, Fla.;
  • Big Lots: Fresno, Calif., Exton, Pa., Durham, N.C., Woodbridge, Va. and Indianapolis, Ind.;
  • Golf & Tennis Pro Shop: Indianapolis, Ind. and Vernon Hills, Ill.;
  • Raymour and Flanigan: Paramus, N.J., West Windsor, N.J. and New York, N.Y.;
  • Ashley Furniture: Monrovia, Calif. and Emeryville, Calif.;
  • Farmers Fresh Market Place: Chicago;
  • FoodBazaar: Flushing, N.Y.; and
  • Shoe Station: Jackson, Miss.

Featured Event

Join 5,000+ attendees for an immersive experience where you can get inspired by retail’s most innovative minds and see their big ideas in action. Use code RICE25P04 to save up to $500 on your pass!

Free Expo Pass for Retailers and Brands!
Save up to $500 on your All-Access Pass and choose from 100+ sessions with an exclusive Retail TouchPoints discount!



Access The Media Kit


Access Our Editorial Calendar

If you are downloading this on behalf of a client, please provide the company name and website information below: