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Toys R Us was killed by the internet. When you own a dying business, spinning off its properties makes perfect sense. Real estate has long term value the busin
by valuearb 7y ago
Toys R Us was killed by the internet.
When you own a dying business, spinning off its properties makes perfect sense. Real estate has long term value the business no longer has. And of course rents rise over time, why would your real estate business subsidize the dying business with below market rates?
- youngtaff 7y agoIn the US maybe, in the UK there are toy shops (Entertainer, Smyths Toys) that successfully operate retail premises as well as internet sites Smyths very much looks like a better Toys R Us