FINANCE

These retailers are the biggest winners with exit of Toys ‘R’ Us

BY CSA Staff

With the holiday shopping season looming, retailers are jumping in to fill the void left by the demise of Toys “R” Us — but two rivals are the clear winners.

Walmart and Target appear to be the biggest winners to date, according to a study by Gordon Haskett Research Advisors in partnership with data provider Alpha Hat, CNBC reported.

Walmart has captured 26% of lost Toys “R” Us traffic, Target got 14%, Dollar General and Dollar Tree each captured 10%, and Costco got 8%, the report said, citing a research note by Gordon Haskett.

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