Are you sure about that? When big box stores fail they often sit empty for years causing blight in the area.
Re:How vulture capitalists ate Toys 'R' Us
by JumpCrisscross on Monday April 23, 2018 @01:50PM
(#16905702)
> When big box stores fail they often sit empty for years causing blight in the area
Are you accounting for general economic climate? Toys 'R' Us locations appear to be getting purchased [1][2]
[1] https://www.bizjournals.com/bizwomen/news/latest-news/2018/0...
[2] https://www.ctvnews.ca/business/toys-r-us-ends-canadian-stor...
Re:How vulture capitalists ate Toys 'R' Us
by airstrike on Monday April 23, 2018 @05:13PM
(#16907463)
I'd wager that has more to do with bankruptcy than with the markets inability to repurpose those assets. Additionally, if the reason they failed is because of a drop in foot traffic in the area, then it makes sense they aren't easily repurposed.
Regardless, the capital that would otherwise be invested in this poorly performing enterprise is now invested somewhere else, so everyone is better off.
The assets don't disappear. They're just being re-purposed earlier. Toys 'R' Us locations nationwide are being purchased and turned into new, arguably more-useful, things.