We were just wondering about Toys "R" Us the other day, when werandomly came across this article.The toy chain is apparently in a push to open70,000-sf superstores around the country to combat the toydepartments of Wal-Mart and other discounters. These conceptscombine both the Toys and Babies "R" Us concepts.Analysts and shoppers both quoted in the article seemexcited about these locations because making the stores a one-stopdestination gives the retailer a competitive edge because ofconsumer convenience.There has an endless debate as to whetherVornado Realty Trust, KKR and Bain Capital bought Toys in 2005simply for its real estate or to operate it as an ongoing business.Most observers we've spoken to have said the former, but has thischanged recently? Can a retooling of Toys make it a competitor?

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