"It’s going to have to be Walmart or Target.”

Where are shoppers going tonight as Black Friday gets underway? Well, it won't be Toys 'R' Us, Sears, or KMart. Suzanne Kapner reports in the Wall Street Journal,

While the shift to online shopping has had an effect, so have long-simmering competitive factors. Department stores, for instance, have been losing ground to fast-fashion retailers and discount chains for three decades. And even before the rise of Amazon.com Inc., a heavily indebted Toys “R” Us was struggling to hold its ground against Walmart Inc. and Target Corp.

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