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Big Lots Taking Over Paramus Toys R Us Big Lots Taking Over Paramus Toys R Us
Big Lots Taking Over Paramus Toys R Us Big Lots is on its way to Paramus. The discount chain last year purchased the remaining 12-year lease on the 36,000-square-foot Toys R Us store on Ridgewood Avenue for $2.75 million, according to TheRealDeal.com. That's $6.50 per square foot annually, compared to $30 (had the chain signed a new lease on a larger space). The vacant space was transformed into a Spirit Halloween store last fall. Big Lots is known across 47 states for its closeout buys and massive furniture markdowns. No word yet on opening date.

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by Cecilia Levine