644
9/11 affected us all
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Jun 2024
644 points (99.1% liked)
Microblog Memes
5778 readers
2361 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
I find it weird that the closed down Toys R Us that is not too far from me hasn't been sold to anyone still. It still has the sign up and everything. I thought maybe they were gonna start remodeling when a fence went up around it about a year ago, but I am pretty sure it was put up to keep tweakers out since the area is crawling with them after dark.
It (and the store next door) is the only thing that I have ever seen go from working operations to shut down without becoming something else soon after. It just seems like a gigantic waste of space. Especially since the Osh Hardware next door is exactly the same; closed down but left unused and unsold.
Toys R Us closing down was not really a natural bankruptcy. It was cannibalized by vulture capitalists via a leveraged buyout that made it financially responsible for its own purchase which was a debt it was unable to pay. Conjecture here but this was probably done exclusively for its real estate. The ownership of the land on paper is probably inflating some portfolio more than it would be worth to actually sell it so it sits unoccupied.
i thought Macy's bought them?