Target Could Profit From Toys R Us Closures

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Toys R Us is closing or selling all 735 of its US stores after filing for bankruptcy. Amazon, Walmart, and Target have been named as the retailers most likely to benefit from its collapse. According to Credit Suisse analysts, Target could be the front-runner due to a large overlap in store locations and offerings. According to its research, 90% of Toys R Us stores and 96% of stores in its sister chain, Babies R Us, are located within five miles of a Target store.

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