Starbucks, Toys R Us on way
New tenants set for city retail park
Starbucks and Toys R Us are among a number of tenants heading for Craigleith Retail Park in the north of Edinburgh.
The children’s store may be heading for bankruptcy in the US but the UK business remains in operation and is to be housed in the 12,000 sq. ft. unit formerly occupied by Argos which is now located within Sainsbury’s supermarket.
The site previously occupied by restaurant chain Frankie & Benny’s is to be split into two, the 4992 sq. ft. space becoming home to Starbucks and the Card Factory.
Other new arrivals will include Pets At Home and the Ireland-based Home Store + More, which will both be located in the 10,800 sq. ft. unit which was previously Curry’s. It will be the Irish store’s first venture into Scotland.
All five businesses are scheduled to be trading before Christmas.
> Toys ‘R’ Us Inc, is the largest US toy store chain, and filed for bankruptcy protection on Monday.
It the latest victim of competition from online shopping and discount chains.
The Chapter 11 filing is among the largest ever by a speciality retailer and casts doubt over the future of its about 1,600 stores and 64,000 employees.
It comes just as Toys ‘R’ Us is gearing up for the Christmas shopping season.
Operations outside the US and Canada are not part of the bankruptcy proceedings, Toys ‘R’ Us said.