“Isaac Larian placed a $675 million bid for 200 of the remaining 735 Toys “R” Us locations in the United States, and almost all of more than 80 locations in Canada. Toys “R” Us is still considering other offers, but it’s not clear whether those would keep US stores open.
Sources with knowledge of the matter say the bid was too low.”
-Toys ‘R’ Us rejects $675M bid from billionaire toy maker
Toys ‘R’ Us rejects bid from Bratz CEO
Toy tycoon submits bid to save Toys ‘R’ Us
Are you heading to ICSC Recon Las Vegas this year? If so, shoot me an email, TLepore@RubiconRep.com, and let’s sit down!
Below are a few articles that I found interesting this week both locally and on a national scale.
Local:
Developer buys up properties on downtown Dallas’ east side
Parkland Hospital Sale Not Completed
Part Of Henderson Avenue Gets Approved For Commercial Rezoning
6 Projects That Transformed Dallas Into A Global Powerhouse Over The Last 10 Years
Y’all Come Back Now: Texas Hospitality Sector Taking Off
Apartment project kicks off near Dallas’ Galleria
Developers spent more than $27 billion on D-FW apartments FILED UNDER
Contractor Balfour Beatty is keeping its HQ in Uptown Dallas
Apartment project kicks off near Dallas’ Galleria
National:
The amount of retail space closing in 2018 is on pace to break a record
You can now buy drinks, snacks and even hangover cures in the back of your Uber
15 It’s the end for Bon-Ton Stores, the parent company of Boston Store, Younkers
Target’s Drive Up service is now available at 270 stores
Starbucks enters its 77th global market
Hockey retailer expands footprint
Former rivals Amazon and Best Buy join forces to sell smart TVs
Starbucks to close all company-owned stores on the afternoon of May 29 for racial-bias education day
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
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Tim Lepore 